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    222 Co Rd Pecos, TX 79785

    For Sale
    $1,344,000

    West Texas Ranch with Abundant Minerals

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 560-acre ranch, located in Reeves County, Texas, presents a unique investment opportunity. Situated 14 miles north of Toyah, the property boasts convenient access via County Road 222 (Gresham Road), which bisects the land, providing excellent access to both sides. The ranch's strategic location on the western shelf of the Wolfbone area, within the Alpine High, offers significant long-term potential. The property includes substantial mineral rights, a key feature for investors. The land encompasses both sides of a wet-weather creek, supporting diverse wildlife, including mule deer, hogs, and varmints. This accessibility makes it ideal for various uses, including potential water sales or as a surface water disposal (SWD) site. The state-classified mineral rights warrant further inquiry. This rare offering combines prime location, abundant natural resources, and exceptional access, making it a highly desirable investment in West Texas. The property's zip code is 79785, and its coordinates are 31.47798 latitude and -103.96958 longitude. The asking price is $1,344,000. This is a truly remarkable opportunity for those seeking a substantial landholding with significant mineral rights in a desirable West Texas location.

    Property Features for 222 Co Rd

    General Information

    Property type
    Farms
    Lot Size
    24,393,600 SF

    HighLights

    • High mineral potential.
    • Abundant wildlife.
    • Excellent access for water sales or saltwater disposal.
    • Convenient access to all areas of the ranch.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Pecos
    County
    Reeves
    State
    Texas
    Longitude
    -103.96958
    Latitude
    31.47798

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    FAQs

    What type of property is this?
    Farm - West Texas Ranch with Abundant Minerals
    Where is this farm located?
    The property is located at 222 Co Rd Pecos, TX.
    What is the asking price?
    The asking price for this property is $1,344,000.
    What are key features of this property?
    This property features: High mineral potential.; Abundant wildlife.; Excellent access for water sales or saltwater disposal.
    Request Owner's contact information
    222 Co Rd Pecos, TX 79785
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    222 Co Rd Pecos, TX 79785
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