Property Description:
MINERALS NEGOTIABLE (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 liveable 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 spacing available to drill an additional 30+ wells. There is active development and subdividing going on all throughout the area and being in Bexar County and 25 minutes from an international airport, this property will only dramatically increase in value and desirability as time goes by.