Current owner owns 25% of the mineral rights and will convey their full portion. It does currently have producing wells on the property and a new well being planned for drilling in the near future. Ag exempt. Taxes approximately $400/year. Property does have a home on it. Not in good shape, no value was applied to it. Has septic system, Co-op Electric, and Co-op Water, but buyer will need to install a new meter. Property has a combination of cleared & wooded land with a creek that runs through the back half of the property. Abundant wildlife! Fenced on 3 sides of property.
From Gonzales. Take FM 532 (Moulton Rd). Take a left on CR 388. Take right on CR 389.From I-10. Head south on Hwy 97. Take left on CR 388. Take left on CR 389
The approximate monthly Principal & Interest payment for this property would be $1,452. This payment is based on a 30-year loan at a fixed rate of 3.95 % with a down payment of $34,000. Actual lender interest rates and loan programs may vary.
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