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

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Permian Basin Investment Property

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Property ID: 85669725

5 Acres +/-

Price: $4,997

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Permian Basin Investment Property

Property ID: 85669725

Price: $4,997

5 Acres

Status: Active

General Location:

Orla, TX 79855 - Culberson County

City, State Zip:

Orla, Texas

County

Culberson County

MLS #:

 

Property ID:

85669725

Description:

Property ID 16195 - 5 acres about 3 miles East from paved hwy FM 2119. Closest town is Orla, TX about 30 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 WITH DIRT ROAD ACCESS 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 5 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: 16195

Legal Description: E 1/2 NW 1/4 SE 1/4 SE4 of Sec 9 Block 45 PSL Survey

Sq/ft: 217,800

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 $29/year (DIRT CHEAP!)

GPS Coordinate (Approximate):

31 42' 57.13'' N

104 03' 08.39'' W

4 Corners Latitude/Longitude (Approximate):

31.716778, -104.052865

31.716777, -104.051944

31.715377, -104.052031

31.715365, -104.052898

Coordinates are approximate and should be verified prior to purchase.

Contact me with any questions or to arrange payment

 

Map:31.7168, -104.053(Click the marker to open in Google Maps.)

 

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Contact Information
Kyler Dawson
3824 Cedar Springs Rd Ste 152
Dallas, Texas 75219
(817) 752-4692
http://www.thelandhook.com
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