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10 Acres of Irrigated Farmland in Colorado County, Texas
$35,000 • 10.00 Acres +/-
, TX • Colorado County
Off County Rd. 255 near old Provident City, TX
Listing ID:4848
Posted Dec 7, 2020

**This is for an assignment of contract**
This property is 10 acres of irrigated rice farm in Colorado County, TX. This is prime duck-hunting country, and this property is currently being irrigated for rice farming.
The property also has gravel road access on two sides, making it easy to access and use.
The property is a 10-acre parcel in a 640-acre section of land being used for farming. This property was once part of the old Provident City subdivision (created in 1917), but all the surrounding land was eventually bought up and turned into farmland. There are a precious few lots that remain owned by the original families, and this is one of them.
*Here's the bad news*
This property is currently being farmed, but the out-of-state owners do not know who is farming it, and the USDA field office will not disclose the name of the farm operator or who has a crop lease on the land, since (according to them) the ownership of the land is "in dispute."
*We will close this transaction with title insurance to protect every party involved.*
When you buy this property with clean title, you will be able to negotiate an updated crop lease (for your own income), or demand damages from the farm operator/"false" owner for trespass without compensation. Or just use it for weekend duck hunting...the land will be YOURS, no matter who is farming it. Or, if you're feeling particularly bold, fence off the property and place "No trespassing" signs all around. Closing through a title company will ensure that you have 100% ownership of the land.
Savvy buyers will recognize this as an income-producing property with the added benefit of being prime duck hunting territory. Buy and hold for long term investment purposes, or rent it out to the farming operation.
The price of this property is firm; cash buyers only please. (This will be an assignment of contract run through a title company for closing).
*A new survey will be completed as part of closing.*
Contact me for more info!
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