Marci PeckREALTOR® · Corpus Christi Realty Group

Alice, TX 78332

00 FM 665

$3,233,454

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Property Overview

About 00 FM 665

Improved Price! Selling 770 contiguous acres of South Texas Coastal Bend farm ground. Immediately North of FM 665 adjacent to the Jim Wells County / Nueces County line. This farm has a solid history of primarily cotton and grain production. The land is mostly level, with a topographical overlay showing only slight elevation changes (within a range of 5') across the field. Soil profiles consist of all fine sandy loam classifications. All tracts have individual agricultural exempt status for county tax valuations. This acreage has only one one pipeline ROW, (which is decommissioned) and no history of oil field activity. This acreage offers over 7900' of FM 665 road frontage. There is additional county road frontage on two sides, offering over 650' of CR 336 on the west side of the acreage and over 2600' of frontage on CR 107 to the east. This acreage should be appealing to producers as large contiguous parcels like this one are scarce these days. Investors and section 1031 buyers should find this an attractive possibility given that US farmland has a long track record of price appreciation with very little volatility, making it an outstanding long term investment. A well established long term tenant farmer is in place that pays attractive annual income via a sharecropping lease. Last but not least this tract has OUTSTANDING dove hunting!!

Property Highlights

Status
Active
Price
$3,233,454
Property Type
Farm
Bedrooms
0
Bathrooms
0
Living Area
0 Sq Ft
Lot Size
769.87 Acres
Year Built
1900
Subdivision
Scotts
School District
Alice ISD
MLS / Listing ID
466596

Listing attribution: Courtesy of United Country RE-Bluntzer RE · Eric Bluntzer.

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00 FM 665

$3,233,454

This Home
00 FM 665

Alice, TX 78332

0 Bd · 0 Ba · 0 Sq Ft

Marci Peck

Marci Peck

REALTOR® · TREC #0723266

Corpus Christi Realty Group

Ask about 00 FM 665

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Before you make an offer

On rural tracts, ask about the water well (flow rate, pump condition, water quality) and the septic system's age and permit history. Walk the drainage: flat farmland can hold water after heavy rain. Ask about mineral rights, pipeline easements and surface-use agreements, especially in Jim Wells County. In town, look at foundation movement and the age of plumbing and wiring in older homes. Near NAS Kingsville, ask about flight-path noise zones. On Lake Corpus Christi, ask how changing lake levels affect the dock and what permits it carries.

Windstorm insurance and flood zones vary by property; Marci can point you to the right specialist. This isn't insurance or legal advice.

Good to know

Windstorm insurance rules change by county. Nueces and Kleberg are coastal windstorm counties; Jim Wells (Alice) and Bee (Skidmore) are inland. Ask an insurance agent how that affects a specific address.