Property
$499,000160 Acres3 beds • 2 baths • 1,500 sq ft
Off Market
Off Market
$499,000160 Acres
Off Market
3 beds • 2 baths • 1,500 sq ft

761 FM40, Ralls, TX 79357 - Crosby County

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Property ID 12600314

160 acres in Crosby County, Texas

Excellent farmland for sale in Crosby County, just southwest of Ralls and minutes from Lubbock. Property consists of 158 acres under pivot, plus two wells with 300 gal/min output. There is also a 3 bed/2 bath home with an additional 2 acres and a domestic well. Strong historic cotton production, averaging 4 bales an acre.

Multiple purchase options, including:

- Entire property: $499,000

- House only + 2 Acres: $150,000

- Farmland only: $400,000

Seller would consider cash leasing the property back at $20,000/yr,

which is roughly a 5% return.

PROPERTY HIGHLIGHTS

- 158 acres of farmland under pivot

- Strong historic cotton production of 4 bales/acre

- 2 wells with 300 gal/min output

- Home + 2 acres and domestic well

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Source:First Street
Contact Seller
Brad Andrews Realty

Lubbock, TX

(806) 591-4414
Listing provided by
Seth Watts
Brad Andrews Realty(806) 591-4414
Listing last updated: February 7, 2022 at 9:04 AM
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