10 Acres of INCOME PRODUCING LAND! Seller has leased the property to tenants for a 20 year lease agreement and is currently in year 3. Tenants pay $1,331 per month in rent, rent increases 10% every three years per the lease agreement, scheduled to increase in November of this year. No survey available, but we do have the final plat. Tenants lease the rights to use two salt water disposal wells. There is also a lined frac water pond and a water well into the trinity that has a 5hp pump. The sales price includes the rights to everything View it today before it's gone!
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Go I-35 towards Sanger. Exit for FM 455. Turn and drive west on FM 455. Property will be on your right with sign on lot. Listing is for 10 acres behind the building at the front.