0 Texas St, Hale Center, TX 73949

This 800-acre ranch in Texas County, Texas, presents a unique investment opportunity. Located near Texhoma, TX, with a 73949 zip code and accessible from County Road V, the property boasts a consistent income stream from a Conservation Reserve Program (CRP) contract covering 548.38 acres, generating $15,832 annually ($29.14/acre) through 2031. Beyond the CRP land, approximately 235 acres of native grass provide additional grazing potential, with further grazing possibilities on the CRP land when permitted by the contract. Improvements include a 40' x 60' Quonset hut shop featuring a concrete floor, large shop doors, and windows. A water well is situated near the existing house, which is currently uninhabitable but holds potential for renovation. A second stock well in the pasture requires either a new windmill tower or conversion to solar power. The property's address is listed as Texas St, Hale Center, TX. This property offers a blend of income-generating land and potential for future development, making it an attractive investment for those seeking a rural Texas ranch.