WATER, WATER, WATER And where else would you find all this water except in a town called Richland Springs! This well is reported to produce over 1000 gallons per minute. (Buyer should verify the report with their own testing.) The well is classified as a non-flowing Artesian that has hit in a rare fracture into an aquifer that supplies this abundant, essential resource. The need for good water in our world is always on the increase in demand. Entrepreneurs and investors should be keenly aware on how to capitalize on this valuable resource. In some ways, more valuable than oil. Obviously the value in this property is all about the phenomenal well but there is a small comfortable home, pecan and fruit tree orchard, small pond, large covered patio, large century live oaks and some other out buildings. Sellers may consider some owner financing if the terms proposed are attractive. Consider all the possibilities of what can you do with this much water?
Listed By
Agency Name: Hoyt Real Estate
Agency Contact: 325-205-0601
Agent Name: Deryl Hoyt Jr
Shown By
Agent Name: Russell Cox
Agent Phone: Cell: (254) 717-6447
Agency Title: Kelly, Realtors
Estimated Payment
$ 3,020.68 per month $2,670.68 Principal & Interest $0.00 Property Tax (data not provided by mls) $350.00 Homeowner's Insurance
191 County Road 358 | MLS# 20746614
This home located at 191 County Road 358, Richland Springs, TX 76871 is currently listed for sale with an asking price of $1,200,000. This property was built in 1980 and has 1 bedrooms and 1 full baths with 800 sq. ft. County Road 358 is located in the South Heights subdivision within the Richland Springs ISD school district. Search South Heights real estate on www.254sale.com today.