1450 Cattle Guard #10 Pecos, TX 79772
This exceptional 4,711-acre ranch in Reeves County, Texas, presents a unique investment opportunity. Located near Pecos and Coyanosa, this legacy property boasts approximately 2.2 miles of Pecos River frontage and offers diverse uses, including ranching, hunting, and oil & gas activities. The property, primarily accessed via FM 1450, features a 1600 sq ft, 3-bedroom, 1-bathroom house with a storm shelter, plus six additional outbuildings. Seven windmill water wells supply stock tanks, supplemented by multiple water wells drilled by various oil and gas companies (most under non-exclusive surface use agreements). The ranch's infrastructure includes nine caliche pits and improved roads, largely due to oil and gas activity. The property's elevation varies slightly, with most changes concentrated near the river. While the ranch is non-contiguous, it sits within a fenced area encompassing 24 sections. Note that this sale includes the surface estate only. The property's zoning is County. The asking price is $5,299,845. This is a rare chance to acquire a substantial piece of West Texas history with significant potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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