Ochiltree Co. Investment Booker, TX 79005
- Land
- 282.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Ochiltree Co. Investment
- Lot size
- 282.00 lot acres
- Property type
- Land
Description
This exceptional 282-acre commercial land parcel presents a compelling investment opportunity in Booker, Texas. Located less than a mile west of town, this property boasts convenient access via all-weather roads on its east and south boundaries, with County Road 30 paved along its entire eastern side. The land comprises approximately 272 acres enrolled in the Conservation Reserve Program (CRP), generating an annual income of $8,166, with the contract expiring in 2023. While subject to potential flooding and ponding during periods of heavy rainfall, the property features approximately 80 acres of improved grass, ideal for potential residential development given its proximity to Booker and easy road access. The remaining 200+ acres exhibit good grass cover in water-lying areas. This property's combination of income-generating CRP land and potential for future development makes it a highly attractive investment. The asking price is $340,000. Serious inquiries are encouraged.
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
- Booker
- County
- Lipscomb
- State
- Texas
- Longitude
- -100.485
- Latitude
- 36.449