Property 9807074

Delaware Basin O&G Investment Property

Orla TX 79770  |  Reeves County, TX
  • $4,997
  • 5.1 acres

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Listing Status: Active
Listing Type: Sale
Property Type(s):
Irrigated: No
Residence: No
Property ID: 9807074

Property Description

Property ID 25815 - 5.1 acres about 3 miles North from paved hwy FM 2119. Closest town is Orla, TX about 45 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: 25815

Legal Description: Lot 24, Section 37, Block 45, Public School Lands, Reeves County, Texas 5.10 Acres

Sq/ft: 222,156

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 $34/year (DIRT CHEAP!)

GPS Coordinate (Approximate):

31 38' 59.40' N

104 00' 09.88' W

4 Corners Latitude/Longitude (Approximate):

31.650576, -104.003279

31.650601, -104.002140

31.649098, -104.002118

31.649087, -104.003377

Coordinates are approximate and should be verified prior to purchase.

Contact me with any questions or to arrange payment

Property Map


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Kyler Dawson

The Land Hook

(817) 752-4692 (work)

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Kyler Dawson

The Land Hook

(817) 752-4692 (work)

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