155 Davidson – Artesian Mineral Water Well

155 Davidson – Artesian Mineral Water Well

$1,000,000.00

9.17 Acres of Commercial Land Offered at $1,000,000 in Huntsville, TX

1 LOT AVAILABLE

Price:  $1,000,000

Price per AC: $109,051

Lot Size:  9.17 AC

Investment Highlights

  • Unrestricted
  • Permit good until 2045
  • Artesian mineral well pumps 23 gallons a year

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Description

This unrestricted, partially wooded 9.17 acre-tract featuring an artesian mineral water well is the perfect investment opportunity! Not only does the sell include the property, but it also includes the well operating permit, renewable after the year of 2045. The current well permit allows 23 million gallons of free-flowing, clean artesian drinking water to be pumped per year and can be increased if desired! If you’re looking for a great income producing property, this is this one for you.

PROPERTY TAXES

Parcel Number 19654
Land Assessment $106,980
Improvements Assessment $3,050
Total Assessment $110,030

OPPORTUNITY ZONE

State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Adam
Olsen
Jayda
Gray

(713) 614-2670
2800 Post Oak Blvd.
Houston, TX 77056

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Property Facts

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