141 Acres | Mobeetie, Texas | Wheeler County
PROPERTY OVERVIEW
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 n...
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.
LOCATION & ACCESS
The property is located between Mobeetie and Wheeler in Wheeler County, Texas, with frontage along Highway 152 on the southern boundary.
Approximate driving distances:
Wheeler, TX ~6 miles
Mobeetie, TX ~7 miles
Shamrock, TX ~22 miles
Pampa, TX ~38 miles
Amarillo, TX ~95 miles
STRUCTURAL IMPROVEMENTS
60x30 livestock shed for cover and equipment storage
Net wire perimeter fencing in working condition
Net wire cross-fencing dividing the ranch into four separate pastures for rotational grazing
Windmill in good working condition supplying livestock water
WATER FEATURES
Windmill in good working condition
Overflow pond fed by the windmill providing additional surface water
TERRAIN & SOILS
The terrain consists of gently rolling native pasture typical of the eastern Texas Panhandle, well suited for livestock grazing and supporting a healthy stand of native and improved grasses.
GRASSES
The pasture is comprised of rolling native and improved grasses, providing quality forage year-round. Dominant species include:
Bluestem
Side oats grama
Love grass
Additional native plains grasses
WILDLIFE & HUNTING
The property offers recreational hunting opportunities for upland birds and small game, including:
Quail
Dove
Varmints
No big game is present on the property. The property is not currently under a hunting lease.
FENCES, PASTURES & CATTLE
The property is perimeter and cross-fenced with net wire fencing and is divided into four separate pastures for rotational grazing. The ranch has historically run approximately 150 nannies. There is no current grazing lease in place.
HAY & CULTIVATION
There is no cultivated farmland on the property.
RIGHT-OF-WAYS
Approximately 10 acres in the southeastern corner are currently under surface lease to a construction company at $3,000 per month with no scheduled end date. Any other existing easements or right-of-ways will be subject to verification by title commitment.
MINERALS
Seller is conveying 100% of owned mineral rights
Seller is conveying 100% of wind rights
Seller is conveying 100% of solar rights
Seller is unaware of what percentage of minerals he owns, if any
UTILITIES
Electric service runs along Highway 152 on the southern boundary of the property and is readily accessible for future improvements or homesite development.
RANCH & AREA HISTORY
Wheeler County and the surrounding eastern Texas Panhandle have a long history of agriculture, cattle ranching, and small livestock operations. The town of Mobeetie is recognized as one of the oldest settlements in the Texas Panhandle, and the region continues to support a strong agricultural economy.
AIRPORTS
Wheeler Municipal Airport ~6 miles
Perry Lefors Field (Pampa, TX) ~40 miles
Rick Husband Amarillo International Airport ~90 miles
HOSPITALS
Parkview Hospital (Wheeler, TX) ~6 miles
Pampa Regional Medical Center (Pampa, TX) ~38 miles
Northwest Texas Healthcare System (Amarillo, TX) ~95 miles
SCHOOL DISTRICT
Wheeler Independent School District.
PRICE
$352,500 ($2,500/acre)
BROKER DISCLOSURE
All information contained herein has been obtained from sources deemed reliable; however, buyers and buyers agents should perform their own due diligence to independently verify all information including but not limited to acreage, water, improvements, minerals, easements, schools, taxes, and all other material facts.
Buyers Agent/Broker must be identified upon first contact with Listing Broker/Listing Agent and must be present during all showings in order to fully participate in buyer agent compensation.
CONTACT
Cayson George
Brokerage Owner | Agent
Western Heritage Realty & Investments
806-341-8524
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