REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 528,000
Est. payment | /mo
240 Acres Lot
$ 528,000
Est. payment | /mo
240 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Farm
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202606575
Lot Size 240.000 Acres
Acres 240.0
Property Sub-Type Farm
Source Lubbock Association of REALTORS®
Property Description
This 240 acre property located between Briscoe and Mobeetie in Wheeler County, Texas offers a turnkey small ranch operation with proven income production, dependable livestock water, and well-developed pasture infrastructure. The property is split by County Road 10, with 160 acres on the east side and 80 acres on the west side of the road. The east 160 acre parcel has been thoughtfully developed with four separate pastures for rotational grazing, while the west 80 acre parcel consists of one open pasture. Both parcels are perimeter fenced and well suited for sheep or cattle. Historically the ranch has run approximately 300 ewes annually. This is a strong income-producing small ranch the seller reported approximately $122,000 in lamb sales in 2025 and is already at approximately $52,000 in lamb sales year-to-date in 2026, with additional loads currently ready for sale. Income production of this caliber on 240 acres is rare in this market, making this a unique opportunity for an operator looking for cash flow alongside ownership.
Location
State TX
County Wheeler
Area Other
Rooms
Basement Basement
Exterior
Fence Fenced, Full, Perimeter
Present Use Agricultural,Farm,Grazing
Building
New Construction No
Schools
Elementary Schools Other Elementary
Middle Schools Other Jr. High
High Schools Other High School
Others
Tax ID 6583
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition Standard
Listed by Western Heritage Realty/Invest
GET MORE INFORMATION