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352 acres on F.M. 536 Pleasanton, TX

$1,408,000

This 352 ac. property has a gently rolling terrain and excellent soil types for farming. The property is currently under an income producing lease to a turf grass company with a long term lease. This is the perfect property to invest in for the future. The lease generates approximately 35,000 per year. This property is located in what will be a fast growing area and the property will make a great location for residential development in the future. The property has paved state highway frontage on F.M. 536 which is only 2 miles from I.H. 37 and about 1.3 miles from Hwy 281, the two major highways leading into the San Antonio area from the south, The irrigation equipment belongs to the tenant.Owner will convey one-half of the oil, gas and mineral rights owned. Seller will convey one-half of the commercial water rights. Buyer will have the unrestricted right to utilize the water for any personal or agricultural purpose on the property.


Community

Pleasanton
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