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0000 CR 3667 OFF 1612
Portland, TX 78359
Cultivated Land near GCGV Exxon/Sabic Site · Land For Sale
·
63.80 AC
Investment Highlights
- Mineral Rights NEGOTIABLE to convey with property.
- IN City Limits
- Currently Agricultural land; could leave Ag Exemptions for taxes and farm lease in place if not ready for immediate development
- Across the Street from Exxon-SABIC facility
- Possible to develop City utilities to this property
- Within 1.5 miles of Hwy. 181
Executive Summary
Property Facts
| Sale Type | Investment or Owner User | Property Subtype | Agricultural |
| Sale Condition | Build to Suit | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 63.80 AC |
| Property Type | Land | ||
| Zoning | R-2 | ||
| Sale Type | Investment or Owner User |
| Sale Condition | Build to Suit |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Agricultural |
| Proposed Use | |
| Total Lot Size | 63.80 AC |
| Zoning | R-2 |
1 Lot Available
Lot
| Price | $1,134,868 CAD | Lot Size | 63.80 AC |
| Price Per AC | $17,787.90 CAD |
| Price | $1,134,868 CAD |
| Price Per AC | $17,787.90 CAD |
| Lot Size | 63.80 AC |
63.80 Acres of Cultivated Farm land, non-rectangular IN Portland City Limits. MINERAL RIGHTS CAN CONVEY with appropriate offer. Adjacent to another 63.80 +/- acres for over 127 Acre potential, Across street from EXXON/SABIC facility.
Description
REDUCED to $20,000/acre (~tax roll value). Adjacent to another 63.80 +/- acres (MLS # 388975) for over 127 Acre potential , this 63.80 +/- Acres of Prime land is now IN Portland city Limits. MINERAL RIGHTS CAN CONVEY with appropriate offer. Situated near Portland and Gregory about 1.5 miles from Hwy. 181, this location could provide a variety of uses. Annexed as Residential (R-2, meaning no more than 2 homes per acre), but check with the City of Portland for Future Use re-zoning potential. There are plans for the city to bring utilities farther west from Kestrel road along CR 1612, and there is City Water to the west along CR 3667, but all utilities would have to be developed over to this site, as it is currently being farmed and has NO Utilities. There is a farm lease on it currently, so possession will be subject to crop harvest and end of lease. Rollback taxes will be covered by the Seller with appropriate offer. You don't see that every day. This is a special opportunity indeed.
Property Taxes
| Parcel Number | 55236 | Improvements Assessment | $0 CAD |
| Land Assessment | $41,641 CAD | Total Assessment | $41,641 CAD |
Property Taxes
