00 Red I Rnch Rd Raymondville, TX 78580
This exceptional 53.42-acre farm in Raymondville, Texas, presents a unique investment opportunity. Located in Willacy County, specifically within the Delta Lake Irrigation District north of Spence Road and west of Spence Road on Red I Ranch Road, this property boasts a rich history of agricultural use. For decades, it has successfully cultivated sugar cane, onions, and other row crops, demonstrating its fertile soil and productive potential. The land is currently designated as AG exempt, offering significant tax advantages. The property includes one irrigation riser, facilitating flood irrigation for efficient water management. Its convenient location offers easy access to essential resources and transportation routes. The expansive acreage provides ample space for various agricultural ventures, from cattle ranching to continued row crop farming. With its proven track record and established infrastructure, this farm represents a compelling investment for experienced agricultural operators or those seeking to enter the market. The asking price is $599,000. The property's address is 00 Red I Ranch Road, Raymondville, TX 78580. The zip code is 78580.
Cap rate
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Property description
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