Contract Pending

162 +/- acres, ALL MINERALS CONVEY, Bexar County

Bexar County

162 Acres

$1,701,000

Von Ormy, Texas 78073
Region:
Central Texas
County:
Bexar
Nearest City:
San Antonio
Price Per Acre:
$10,500

Property Description:

ALL MINERALS CONVEY (believed to be 100%), A ONCE IN A LIFETIME CHANCE TO GET TRUE, OIL PRODUCING MINERALS AND LAND!!! Consistent oil production in the Somerset Field, an active oil Field since the 1970's. 162 acres of PRIME oil and cattle country. The property consists of primarily coastal grass throughout. Has undergone extensive brush removal for peak benefit to cattle and the abundant deer, turkey, hogs and quail that are prolific in the area. The property has been efficiently divided into 5 equal-sized pastures for holistic cattle rotation and grass conservation. Almost 70% recently high fenced. Two excellent ponds, as well as two working water wells. Two, two-story beautiful, wooden, old dairy barns. Two houses on the property, one is currently livable with 2 bedrooms and 1 bath, and about 1200 sq. ft., the other would make a great fixer upper as it has a ton of character. The headquarters area would make for a BEAUTIFUL wedding venue. Newly constructed, COVERED cattle working pens with squeeze chute and loading chute. Two, 200 barrel water catchment systems. There is excellent oil production on the property from 22 wells, averaging roughly 160 barrels per month for the last 5 years. There is spacing available to drill an additional 30+ wells. There is active development and subdividing going on all throughout the area, and being located in Bear County and 25 minutes from an international airport, this property will only dramatically increase in value and desirability as time goes by.

Minerals:

100%

Driving Directions:

1.5 mi off of intersection of Senior Rd and Loop 1604 on the SW Side of San Antonio. 10 minutes from downtown San Antonio.

Contact

Connect with a Ruple agent about this property using the simple form below.

    Property Photos:

    Click or tap a photo to enlarge.