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133 Horseshoe Bnd

0.75 Acres of Commercial Land Offered at $284,819 CAD in Stephenville, TX 76401

Executive Summary

PRICE REDUCED. This is an opportunity to own a 376 foot deep well on the 2nd Trinity River. Built in 1986, this well generates $2,500/month and has 48 taps, charging $53/month/tap as opposed to metering which would at least double the income. Expenses include $400/month for testing, $100/month CAM, and $42/month submersible pump replacement savings plan.

Property Facts

Price $284,819 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 0.75 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $284,819 CAD
Price Per AC $379,758 CAD
Lot Size 0.75 AC

This is an opportunity to own a 376 foot deep well on the 2nd Trinity River. Built in 1986, this well generates $2,500/month and has 48 taps, charging $53/month/tap as opposed to metering which would at least double the income.

  • Listing ID: 30783653

  • Date on Market: 2024-01-25

  • Last Updated:

  • Address: 133 Horseshoe Bnd, Stephenville, TX 76401

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