191 County Road 358
Richland Springs, TX 76871
$1,200,000
1 bd · 1 ba · 800 sq ft · 1.98 ac
What it costs to own
Taxes shown reflect the current owner's exemptions and may change after purchase.
About this home
WATER, WATER, WATER And where else would you find all this water except in a town called Richland Springs! This well is reported to produce over 1000 gallons per minute. (Buyer should verify the report with their own testing.) The well is classified as a non-flowing Artesian that has hit in a rare fracture into an aquifer that supplies this abundant, essential resource. The need for good water in our world is always on the increase in demand. Entrepreneurs and investors should be keenly aware on how to capitalize on this valuable resource. In some ways, more valuable than oil. Obviously the value in this property is all about the phenomenal well but there is a small comfortable home, pecan and fruit tree orchard, small pond, large covered patio, large century live oaks and some other out buildings. Sellers may consider some owner financing if the terms proposed are attractive. Consider all the possibilities of what can you do with this much water?
The details
Around this home
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Listing courtesy of Hoyt Real Estate — Deryl Hoyt Jr.
Where it is
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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #20746614. Information last updated November 1, 2024.
Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.
Ink Realty Group is brokered by eXp Realty.
Ink Realty Group
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