84 State Hwy Roscoe, TX 79545
- Land
- 591.00 lot acres
Current Use by Public Records
- Land
Property Details for 84 State Hwy
- Lot size
- 591.00 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
Exceptional 591-acre agricultural property in Scurry County, Texas, strategically located near Sweetwater and Snyder, boasting over one mile of frontage on State Highway 84 and significant road frontage on County Road 466. Currently under cultivation, this flat terrain with fertile clay loam soil presents substantial income potential from farming. Its prime location offers significant advantages for diverse development opportunities, including solar and wind farms. The property shares a boundary with an Oncor Electric power substation, providing direct access to high-voltage transmission lines, a key asset for renewable energy projects. The area's strong solar irradiance (estimated at 228 W/M²) further enhances its suitability for solar development. Numerous successful solar and wind operations exist within neighboring counties, demonstrating market viability. Furthermore, its proximity to the prolific Permian Basin presents considerable oil and gas potential, with multiple nearby oil fields actively producing from various formations. While mineral rights are not included in the asking price of $6,400,000, they are negotiable. The current agricultural use maintains a low tax valuation through a cultivation lease, minimizing holding costs. APN: 21474. This property represents a rare combination of established income and significant future development potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Roscoe
- County
- Scurry
- State
- Texas
- Longitude
- -100.676
- Latitude
- 32.5338
