For Sale
$6,400,000

84 State Hwy Roscoe, TX 79545

591 acres, high-potential development

Overview

Added:
Dec 11, 2024
Days on market:
133
Exceptional 591-acre agricultural property in Scurry County, Texas, strategically located near Sweetwater and Snyder, boasting over one mile of frontage on State Highway 84 and significant road frontage on County Road 466. Currently under cultivation, this flat terrain with fertile clay loam soil presents substantial income potential from farming. Its prime location offers significant advantages for diverse development opportunities, including solar and wind farms. The property shares a boundary with an Oncor Electric power substation, providing direct access to high-voltage transmission lines, a key asset for renewable energy projects. The area's strong solar irradiance (estimated at 228 W/M²) further enhances its suitability for solar development. Numerous successful solar and wind operations exist within neighboring counties, demonstrating market viability. Furthermore, its proximity to the prolific Permian Basin presents considerable oil and gas potential, with multiple nearby oil fields actively producing from various formations. While mineral rights are not included in the asking price of $6,400,000, they are negotiable. The current agricultural use maintains a low tax valuation through a cultivation lease, minimizing holding costs. APN: 21474. This property represents a rare combination of established income and significant future development potential.

Highlights

  • $6,400,000 asking price for 591 acres.
  • 591-acre agricultural, commercial, and farm land tract in Scurry County, Texas.
  • Located on State Highway 84, offering over 1 mile of highway frontage.
  • High potential for solar, wind, and oil & gas development; adjacent to power substation and transmission lines.
  • Currently under cultivation, generating annual income; low holding costs due to agricultural tax valuation.

Property Details for 84 State Hwy

Property type
Land, Farms
Lot Size (sq. ft)
25,743,960 SF

Location Insight

City
Roscoe
County
Scurry
State
Texas
Latitude
32.5338
Longitude
-100.6756

FAQs

What type of property is this?
Land - 591 acres, high-potential development
Where is the land located?
The property is located at 84 State Hwy Roscoe, TX.
What is the asking price?
The asking price for this property is $6,400,000.
What are key features of this property?
This property features: $6,400,000 asking price for 591 acres.; 591-acre agricultural, commercial, and farm land tract in Scurry County, Texas.; Located on State Highway 84, offering over 1 mile of highway frontage.
How can I contact the broker?
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84 State Hwy
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