000 State Highway 84 Highway, Snyder, TX

$6,400,000

Previous Next

591.00

Acres

About 000 State Highway 84 Highway

This 591-acre North Central Texas Farm is located in the southeast corner of Scurry County and on the edge of Nolan and Fisher Counties. The property is located ~17 miles NW of Sweetwater and ~20 miles SE of Snyder. It is bisected by State Highway 84 with roughly 396 acres on the NE side of Hwy 84 and 195 acres on the SW side of Hwy 84. Over 1 mile of frontage on divided State Highway 84 and 4,200 feet of frontage on County Road 466. The terrain is flat and the fertile clay loam soil is currently under cultivation. Potential uses include: 1. Solar Farm – key value drivers for this property being used as a large solar farm include: a. Located adjacent to a large power substation b. Large buildable acreage. c. Flat cleared terrain with easy access from the highway and county road. d. Strong solar irradiance estimated by LANDGATE at 228 W/M^2. e. Multiple high-voltage transmission lines bisect the property and connect to the substation. f. Numerous solar operations are already in place in neighboring counties. 2. Wind Farm – key value drivers include: a. Located adjacent to a large power substation – shares a property line with Oncor Electric power substation. b. Large buildable acreage. c. Flat cleared terrain with easy access from the highway and county road. d. Multiple high-voltage transmission lines bisect the property and connect to the substation. e. Numerous wind farm operations are already in place within a 100-mile radius of this property. 3. Oil and Gas and Minerals – key value drivers (note that mineral rights are not currently included in the price, but are negotiable). a. Located on the NE side of the Permian Basin. b. There are multiple oil fields near this property, with ongoing production 4. The property is currently under cultivation and produces annual income from farming. 5. Low Holding Cost - 1-d-1 agricultural tax valuation is held via cultivation lease keeping the taxes low.

Features of 000 State Highway 84 Highway

MLS® # 4910710
Price $6,400,000
Bathrooms 0.00
Acres 591.00
Type Farm
Sub-Type Ranch
Status Active Under Contract

Community Information

Address 000 State Highway 84 Highway
Area Out of Area
Subdivision none
City Snyder
County Scurry
State TX
Zip Code 79545

Amenities

Utilities See Remarks
View City
Is Waterfront No
Waterfront None
Has Pool No

Interior

Fireplace No
Master On Main N

Exterior

Lot Description Agricultural, Level

School Information

District Hermleigh Isd
Elementary Outside School District
Middle Outside School District
High Outside School District

Additional Information

Date Listed September 26th, 2024
Days on Market 253
Foreclosure No
Short Sale No
RE / Bank Owned No
Has HOA Fees N

Listing Details

OfficeKeller Williams - Lake Travis
Contact Info830-265-1239

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?