$590,310

Description

Hermis Road Ranch offers tranquility and investment potential with a 56.22 acre tract located just outside the charming town of Schulenburg in the Saint John Area. Enjoy approximately 748.18 feet of road frontage along Hermis Road, featuring a well-maintained gravel road entry that sets the stage for your future homestead or recreational retreat. This property boasts improved pastureland and a +/- 7.5 acre potential homesite on Hermis Road, making it an ideal canvas for your home or weekend getaway. The natural beauty of the area and the peaceful surroundings offer a serene lifestyle in the country. A feature of the property is the existing oil and gas pad site, which is currently held in production. An empty frac pond sits on the property and provides an opportunity for conversion into additional pastureland or an exciting recreational area. The property is fully fenced and comes equipped with electricity and two water wells, ensuring a versatile and convenient setup for any future development. Property has a county appraised value of $808,200, enhancing the property's investment appeal. As an added bonus, the current owner is the operator of the oil and gas well on-site and is willing to offer an attractive agreement: a 2% override on any royalties generated from the well, plus a monthly payment of $500 for the use of the gravel road to access the pad site. This presents an immediate income-generating opportunity for the buyer. Don't miss out on this exceptional opportunity that combines rural living with investment potential. Contact us today to schedule a viewing and explore the opportunities that await at 2210 Hermis Rd!

Property Details

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