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Property Listing: Status: Active ( Listed on: 01/13/2020)

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40 Acre Oil & Gas Investment Property

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Property ID: 85640114

40 Acres +/-

Price: $34,997

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40 Acre Oil & Gas Investment Property

Property ID: 85640114

Price: $34,997

40 Acres

Status: Active

General Location:

Orla, TX 79855 - Culberson County

City, State Zip:

Orla, Texas

County

Culberson County

MLS #:

 

Property ID:

85640114

Description:

REDUCED PRICE TO SELL QUICK!

Property ID 15999 - 40 acres about 2.5 miles East from paved hwy FM 2119. Closest town is Orla, TX about 45 minutes to the Northeast.

SURFACE RIGHTS ONLY! This is the perfect investment property as this location is right in the heart of the Oil & Gas plays in the Delaware Basin. There are numerous O&G companies operating in this area and active and producing wells all around this property. More permits in this area are being submitted every week. The surface rights have seen a steady increase over the last few years and land owners in this block (45) have been offered anywhere in the range of $1,000-$4,000/acre in recent months. With this property's strategic location on a section line as well as being so close to the paved HWY it's value will only increase and could create a huge pay day when the O&G companies come knocking. And they will! I've attached some google earth images showing surface operations all around this 40 acre tract.

My plan was to hold this property mid/long term and cash in a big profit but circumstances have arisen where I could use the cash now. Now is the time to invest in your future!

Property ID: 15999

Legal Description: SE of the SW of SECTION 8, BLOCK 45, Public School Land Survey, Culberson County, Texas, 40 +/- Acres

Sq/ft: 1,742,400

Zoning: Open

Time limit to build: None

Water/Electric/Sewer: Not on property currently

Access: Dirt Road

Mobiles/RV's allowed: Yes

Doc Fee: $299.00

HOA/POA: None

Taxes: Current and approximately $69/year (DIRT CHEAP!)

GPS Coordinate (Approximate):

31 42' 53.48'' N

104 04' 38.98'' W

4 Corners Latitude/Longitude (Approximate):

31.716912, -104.079564

31.713336, -104.079555

31.713345, -104.076418

31.716868, -104.076234

Coordinates are approximate and should be verified prior to purchase.

Contact me with any questions or to arrange payment

 

Map:31.7169, -104.08(Click the marker to open in Google Maps.)

 

Directions:

Contact us for directions to this property.

 

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3824 Cedar Springs Rd Ste 152
Dallas, Texas 75219
(817) 752-4692
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