Description:& amp; amp; nbsp;160-acre tracts for sale at this price and terms are extremely rare. In fact this may well be the lowest “per acre” priced land in the United States of America that offers a Warranty Deed with recorded access. 160-acres measures 2 miles around the perimeter and in theory over 3 million adults could stand on 160-acres at the same time. History proves you can’t lose money owning land if purchased cheap enough and held long enough! Obviously prices and terms like this won’t last long so act now!

County/State: Loving County/Texas

Size: 160-acres

Price: $ 79,840 ($499/ac) with $4,840 down and the balance of $75,000 payable at $750/mo (amortized over 186 months with no prepayment penalties).

Legal: S E1/4 SEC 15, Block 76, Public School Land Survey, Loving County, TX (P48)

Access/Roads: Access easements have been recorded to the parcel but an actual road may or may not exist at this time.

Mineral Rights: As in most oil producing states the mineral rights have been owned for many years by exploration companies. However if new wells are ever drilled the landowner would receive some form of compensation.

Surveys:  ; ; ;This land is “patented” and all sections were surveyed and the map filed with the Texas Land Office in Austin. Thus quarter section parcels will have at least some corner stakes.

Property Taxes: Currently around $100 annually.

Improvements: This is raw, undeveloped land and no improvements or homeowner services of any nature are being represented.

Directions:&a mp;a mp;n bsp;From Pecos, Texas drive north on Hwy 285 to Orla (just an old store and historic marker); take Hwy 652 northeast toward Jal, NM for 19.3 miles (you will cross the Pecos River and the New Mexico State border); turn right on Battle Axe Road (there will be a big white sign with red letters that says “North El Mar” and another small sign that says “Pike Ranch”); drive down this road 7.2 miles and there will be a road that turns right (there should be a sign on this road that says “Pike Ranch”); turn right on this road and proceed 1.3 miles to the locked gate (you will again be back in the State of Texas—combination available for all property owners); refer to arrow on parcel map for exact parcel of land.

Contact Person: Doug Caffey (800) 421-7163 or doug@CheapLandinAmerica.com