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County Road 3400 - Davis-Lacy Property 1 Acre of Commercial Land Offered at $45,000 in Lenorah, TX 79749
INVESTMENT HIGHLIGHTS
- Income-producing mineral rights with no operational costs or liabilities for the owner.
- Future well development on untapped locations offering additional growth in both property value and income.
- Current wells generating a monthly royalty income, with new wells anticipated in the future.
- All expenses and liabilities in the field are covered by a billion-dollar oil and gas company.
EXECUTIVE SUMMARY
This property offers immediate cash flow with substantial long-term growth potential, making it an attractive opportunity for people seeking reliable income and exposure to the energy sector. As the owner of the minerals, you will be dealing directly with the oil and gas company that will be managing your asset and paying you royalties. No middleman between you and your asset. This property is sold in one (1) acre increments with less than 6 acres remaining.
Contact us today to learn more about this rare opportunity.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
PROPERTY FACTS Under Contract
1 LOT AVAILABLE
Lot
| Price | $45,000 | Lot Size | 1.00 AC |
| Price Per AC | $45,000.00 |
| Price | $45,000 |
| Price Per AC | $45,000.00 |
| Lot Size | 1.00 AC |
We are excited to present to you the Davis-Lacy Property, located in Martin County, Texas, within the world-renowned Permian Basin. This property is managed by ExxonMobil/Pioneer and covers a total of 947.2 gross acres. We have about 5 ac available.
DESCRIPTION
We are excited to present to you the Davis-Lacy Property, located in Martin County, Texas, within the Midland Sub-Basin, which forms part of the Eastern section of the world-renowned Permian Basin. This property is associated with ExxonMobil/Pioneer (NYSE: XOM) and falls within the Davis-Lacy Survey, Abstract A-166, SE/4 Section 31, Block 36 T2N. The Davis-Lacy Lease covers a total of 947.2 gross acres. Mineral property is sold by the acre with up to 5 acres available. Twelve wells on this property were completed and began producing oil in July 2023. When buying mineral rights, the focus is on shared risk and shared income, which helps reduce risk while maximizing potential income. Every acre within this 947.2-acre section benefits equally from the oil and gas extracted and sold, meaning that each acre receives payments based on the same production volume. This property offers immediate cash flow with substantial long-term growth potential, making it an attractive opportunity for people seeking reliable income and exposure to the energy sector. As the owner of the minerals, you will be dealing directly with the oil and gas company that will be managing your asset and paying you royalties. No middleman between you and your asset. This property is sold in one (1) acre increments with less than 6 acres remaining. Contact us today to learn more about this rare opportunity.
Presented by
County Road 3400 - Davis-Lacy Property
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