Property Details
- Acres:173
- County:Williamson
- Address:FM 1660
- City:Rices Crossing
- State:Texas
- Zip:78615
- Status:Sold
- Type:Farms, Ranches
Property Description
This property is right in the heart of a lot of growth in Williamson County close to Hutto and Taylor and Round Rock, Texas. It is very close to Coupland, Tx. It is all cultivated farm land. With the widening of roads/highways and realignments of major thoroughfares and with the expanding of utilities in the area, this would be a great long term hold/investment property. The Norman's Crossing area has experienced a lot of growth in the last 3-5 years. It can be divided up into acreage tracts and it is very close to the Toll 130 completed in 2007. It also has good farming revenue for the sellers with gross amounts from the crop adding up to $35K in the last 3-5 years. With the spike in commodity prices lately especially for grain and corn, this is a good place to be with your money making money off of the land like this while it gives you an inflation hedge as well. This is a good one! One of the owners(there are 2 owners) will sell for less than $5,000 an acre 86.565 acres and you can pick which part of it that you want to buy. We recently had a Broker's Price Opinion(BPO) done on it(Sept. 2012) and the value of the whole farm was $4,400 an acre. Both parts of it are equal in value. Please bring offers quickly. Currently leased out for farming right now. This owner will also convey all of their mineral estate with the sale. This is a good buy for income producing farmland in Williamson County. The southern half of the farm(86.565 acres) is sold as of 12/27/2012.
Useful Documents
Property Map / Directions
Take Hwy. 79 East out of Round Rock, Tx to Hwy. 95 and go south out of Taylor, Tx to FM 1660 approx. 4-7 miles on the right. You are almost to Coupland, Tx. Go about 1 mile and land is on the right. The North side of FM 1660 at CR 406. You will see the sign.
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