44.26 Ac. W Fm 491

Description

Great piece of farmland with the potential for either residential or commercial development in the future. The land is located about 7 miles west of Lyford at a major intersection. At one point in time, this rectangular tract of land was bisected by a large drainage canal that came through Willacy County in the mid-80's. So this tracts owns approx. 7.7 acres of right-of-way in the canal. There are approximately 30 acres on the north side of the canal, and 5.5 acres on the south side of the canal. The tract on the north side has approximately 800' of frontage on FM 491, and 1,300+ feet of frontage on FM 1425. The tract on the south side has approximately 300' of frontage on FM 1425. Both tracts have access to city water through North Alamo Water Supply. The larger tract N of the canal has access to electricity as well. This land is currently being farmed by a tenant who lease will expire 8/31/25. The land is subject to a wind lease but it does not have a turbine on the property.