1780 Hwy Wellman, TX 79378
- Land
- 125.00 lot acres
Current Use by Public Records
- Land
Property Details for 1780 Hwy
- Lot size
- 125.00 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 125-acre property in Terry County, Texas, presents a unique investment opportunity. Located just west of Wellman, near Hwy 1780, zip code 79378, this agricultural land boasts a thriving 33-acre mature vineyard in full production. The vineyard is equipped with a comprehensive 625-gallon surface drip irrigation system, ensuring optimal water management and yield. Adding to its appeal, an additional 60 acres are under pivot irrigation, providing significant potential for expansion or diversification of crops. The property also includes a substantial, newly constructed 12,000-square-foot insulated barn, ideal for equipment storage, processing, or other operational needs. This turnkey operation offers immediate income potential from the established vineyard, coupled with the flexibility to further develop the remaining acreage. The property's location in Yoakum County, Texas, provides access to established agricultural markets and infrastructure. This is a rare opportunity to acquire a well-established and highly productive agricultural property with significant growth potential. The asking price for this remarkable property is $2,500,000. Coordinates: 33.0552674, -102.5355393.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wellman
- County
- Terry
- State
- Texas
- Longitude
- -102.536
- Latitude
- 33.0553