Mentone, TX 79754 - Loving County

This is a rare opportunity to purchase surface acreage in the heart of the Delaware Basin in Loving County. The property available is a 50% undivided interest in 1,600 acres described as the E 1/2 of Section 4, and all of Section 6 and 8, Block 53, T2. The total price of $2,750,000 was based on a net acreage of 800 acres and a price of $3,437.50 per acre. The remaining 50% undivided interest is owned by only one other entity that has also expressed interest in selling. It should be noted that the property does not currently possess public road access. Nevertheless, interior access is provided by a series of oilfield roadways to current production that is located on the property. This ranch is surrounded by large ranches in an area with significant oil and gas activity and potential for surface development. Partial fencing.

Call agent; Sam Walker for more info 325-668-7005.