3352 FM 102 - Eagle Lake 77434, Colorado County

For Sale
Farm & Ranch
Land Only

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Land Information

87.97 Acres
Gravel Road, County Road
Mostly Flat, Sandy Soil
Agricultural Lease

Tax Information

$808.00 (This property qualifies for an ag exemption.)
Rice IS
A 87.97 acre tract in the A-155 BBB and C & A-567 T & NO#1 abst.

Additional Information

Cash, Conventional
A great investment property just north on FM 102 on the edge of Eagle Lake Texas. Just across the RR tracks on the left side of FM 102 going north you will enter onto a RR easement which consist of 3.5 acres and right next to RR easement is this property. A map included in this listing will disclose the area and location. This property has a rice base of $3,931 and sorghum base of $1,386. Property is Ag. Exempt and is currently being leased by rice farmer. Lease is year to year.

Property has some great features with a water well on solar power that pumps into a small pond. Has many trees on the borders along on fence lines and towards the back part of the property. Has one larger pond that was used for duck hunting. Owner has seen many deer on the property along the tree lines all around the property. Excellent for ducks and geese during the hunting season. A nice road on the north side to drive into the property but limited. Property had just drilled an oil well but was dry. Owner owns 50% of the minerals but will convey some.

Property could be developed into commercial tracts for storage buildings or for 2-5 acre tracts to build homes. Has plenty of room for small development for homes or trailer park. Property is priced below Colorado CAD assessed values.

Come see this great property for your investment.
Coming into Eagle Lake on FM 102 on right across tracts you will see road and signage on property.