WATER, WATER, WATER And where else would you find all this water except in a town called Richland Springs! This well is reported to produce over 1000 gallons per minute. (Buyer should verify the report with their own testing.) The well is classified as a non-flowing Artesian that has hit in a rare fracture into an aquifer that supplies this abundant, essential resource. The need for good water in our world is always on the increase in demand. Entrepreneurs and investors should be keenly aware on how to capitalize on this valuable resource. In some ways, more valuable than oil. Obviously the value in this property is all about the phenomenal well but there is a small comfortable home, pecan and fruit tree orchard, small pond, large covered patio, large century live oaks and some other out buildings. Sellers may consider some owner financing if the terms proposed are attractive. Consider all the possibilities of what can you do with this much water?
Based on the average sale price from the Waco, TX office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
191 County Road 358 Richland Springs, TX is a Single Family Home for sale at $1200000 with 800 sqft and a lot size of 1.98 Acres Acre(s). 191 County Road 358 Richland Springs has 1 bedrooms, 1 baths and was built in 1980. The property's zip code is 76871 which is in Richland Springs, TX
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
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