420, Seminole, Texas

$792,000
Active
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Property Details

MLS ID: 21116468
Status: Active
Price: $792,000
Acres: 160±
Type: Ranch, Land
Address: 420
City, State: Seminole, TX
County: Gaines County
ZIP Code: 79360
Parcel Number: 000000052751

Description

PRIME 160-ACRE IRRIGATED FARMLAND & DEVELOPMENT OPPORTUNITY – GAINES COUNTY, TEXAS

High-yield investment opportunity in West Texas agriculture and land development. This exceptional 160-acre irrigated farm near Seminole offers immediate cash flow from active wheat production plus significant upside potential through strategic subdivision.

Investment Highlights:

160 acres of income-producing irrigated farmland with active wheat production

Dual county road frontage – rare two-sided access maximizes development potential

Turnkey irrigation system in place

12 miles from Seminole

Subdivision potential: Divide into 10+ residential lots (10-acre minimum, subject to county approval)

Nearby land actively being subdivided – established buyer demand

Why This Property?

The surrounding area is experiencing active land subdivision with nearby properties successfully being divided and sold. This confirms strong market demand and provides comparable sales for development projects.

Multiple Exit Strategies:

Hold & Farm: Continue wheat production or lease to operators for steady income

Develop & Sell: Subdivide into 10-acre ranchettes following the proven model of nearby successful subdivisions

Land Bank: Appreciation play in West Texas corridor with demonstrated subdivision activity

Mixed Use: Develop portions while maintaining agricultural exemption on remainder

Key Investment Advantages:

Two-sided road frontage increases lot values and reduces development costs

Flat, buildable terrain minimizes site preparation expenses

Agricultural income offsets holding costs during development phase

Strong comps from nearby subdivisions validate pricing

Clean title with established boundaries

This is a rare opportunity to acquire productive farmland with legitimate subdivision potential where the development market is already proven. Multiple paths to profit with reduced market risk.

Directions: From Seminole head south on 385 approx 12 miles, then east on cr 420 1.5 miles to property

Andy Flack

Andy Flack

HomeLand Properties, Inc.

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HomeLand Properties, Inc.
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You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: December 5, 2025 at 12:00:00 AM UTC

Listed By: James Friesen of United Country H5 Auction & Realty