761 FM40 , Ralls, TX 79357(Crosby County)

160 Acres in Ralls, TX - $499,000

Excellent farmland for sale in Crosby County, just southwest of Ralls and minutes from Lubbock. Property consists of 158 acres under pivot, plus two wells with 300 gal/min output. There is also a 3 bed/2 bath home with an additional 2 acres and a domestic well. Strong historic cotton production, averaging 4 bales an acre.

Multiple purchase options, including:

- Entire property: $499,000

- House only + 2 Acres: $150,000

- Farmland only: $400,000

Seller would consider cash leasing the property back at $20,000/yr,

which is roughly a 5% return.

PROPERTY HIGHLIGHTS

- 158 acres of farmland under pivot

- Strong historic cotton production of 4 bales/acre

- 2 wells with 300 gal/min output

- Home + 2 acres and domestic well