This 141 acre property located between Mobeetie and Wheeler in Wheeler County, Texas offers a turnkey small ranch operation featuring quality native grasses, dependable livestock water, thoughtful pasture design, and an existing income-producing surface lease. The property sits on the north side of Highway 152 with paved highway frontage and easy access. Historically the ranch has run approximately 150 nannies and has been thoughtfully developed with four separate pastures for rotational grazing. All perimeter and interior fencing is net wire and in working condition, making this a turnkey setup for goats, sheep, or cattle. A unique value-add to this property is the existing surface lease located in the southeastern corner, where approximately 10 acres are currently leased to a construction company at $3,000 per month with no defined end date. This active lease provides immediate cash flow and helps offset ownership costs.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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