160 acre to 640 acre tracts located in Loving County,
approximately 40 miles north of Pecos and near the New Mexico state line. A
National Geographic Magazine article described Loving County as the least
populated county in the continental United States with only 70 residents and no
stoplights, stores, hospitals or movie theaters. There are old Indian camps on
the property and the adjacent ranch was once the hideout for Billy The Kid. 160
acre parcels begin at $31,200 ($195/acre) with just $312 down and $312 per month
and 640 acre parcels begin at $86,400 ($135/acre) with only $864 down and $864
per month. 160 acres is huge and measures ½ mile by ½ mile and, in theory, the
entire population of the City of Los Angeles (approximately 3.6 million
people) could stand on 160 acres at the same time. 640 acres measures 1
mile by 1 mile and the entire population of the state of New York
(approximately 18 million people) could stand on 640 acres at the same time.
Texas may be the last state “discovered” as far as low acreage prices are
concerned, and land at these prices and terms will soon disappear!
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Cactus
in bloom |
Typical View
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DESCRIPTION
- This acreage is part of an old cattle ranch and can be described
as prairie land with a terrain that varies from flat to rolling with several
sandy hills and ridges. This is raw, unimproved land without publicly
maintained roads, utilities or other homeowner services of any kind. Some
of the largest mule deer in Texas, as well as quail and dove are hunted on the
ranch. This property offers excellent speculation potential, enjoyment of
recreational usage, a rural retreat or cabin for you and your family, or an
asset to simply own and pass along to children and grandchildren.
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Ranch Trail
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Typical View
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COMPARED TO STOCKS
- Unlike the stock market, land never "goes out of business" and is
never outdated by new technology! Many low-priced, good valued
stocks of fifty years ago don't exist today because the companies either filed
for bankruptcy, went out of business, or were simply outdated by new
technology. Conversely, land that might have been over-priced fifty years
ago is still here today and is probably an absolute bargain at the old price.
If purchased cheap enough, and held long enough, history proves it is
practically impossible to actually lose money owning land!
INEVITABLE
POPULATION INCREASE
–
The
population explosion alone will create an ever-increasing demand for the same
finite supply of land! In 2000, the United States had a population of
283 million people that is projected to increase to 397 million people by 2050.
Therefore, by the middle of the 21st Century, the United States will have 114
million more people, yet not one acre of new land will have been created.
INEVITABLE INFLATION
– Inflation alone can beneficially impact the value of low per acre priced
rural property that is held for the long term! Over the past thirty
years or so, postage stamps have increased from $0.05 to $0.34; cigarettes from
$0.35 to $3.25; newspapers from $0.05 to $0.25; new homes from $23,000 to
$100,000; and new cars from $2,000 to $18,000. These figures represent an
average increase of over 500%. It also means the purchasing power of $1.00
in 1967 would be approximately $0.23 in the year 2001.
LAND IS FUN TO “JUST OWN”
– It is a very secure feeling to have a large tract of the “Old West”,
a private retreat that you can call your own! Land that can be given
to children or grandchildren as an inheritance. No one can predict, with
absolute accuracy, what the future will being in terms of land values and
uses. The “boondocks” of today can become the centers of new
activities tomorrow. Land like this, at such low prices and great terms,
will not be available forever.
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Pecos River (22 Miles to the west)
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Red
Bluff Reservoir
(22
Miles to the West)
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Typical
View
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GENERAL
INFORMATION
Property Taxes
– Currently less than $50 annually for 160 acres.
Access – While actual roads do not exist to all parts of the ranch, there is
guaranteed and recorded legal access to all parcels (and roads can be bladed).
Water & Utilities
– There may be occasional power and telephone lines through parts of the
ranch, but no representations are being made as to the availability of any
utilities. Several water wells are scattered through out the ranch (usually
between 150 feet and 250 feet, and mainly for cattle purposes), but the success
of a well is not guaranteed.
Mineral Rights
– Mineral rights, as in most parts of Texas, are generally owned by
exploration companies but the landowner naturally receives “surface damage”
payments in the event of new exploration activities.
Elevation
– Ranges from 3,050 feet to 3,400 feet.
Surveys
– The entire ranch was originally surveyed many years ago, but a modern
survey is currently being performed wherein every section corner is being staked
and an official record of survey will be filed.
Zoning
– The property is allocated for general
agricultural purposes and a landowner has the right to construct a cabin or
residence.
Cattle Grazing
– This property is considered open range and others have the right to freely
graze livestock, but that right can be terminated by the landowner fencing out
the livestock (fences must be set back 40 feet from property boundaries to allow
for common access rights-of-way and cattle movement).
Directions to Property
– From Pecos, Texas, proceed north on Highway #285 approximately 40 miles to
Orla (just a small store and historical marker). Then proceed east on Road #652
(toward Jal, NM) approximately 18.5 miles to Battle Axe Road (there will be
signs indicating “Battle Axe Ranch,” “Mexico Wells,” and “Rattlesnake
Compressor Station”). Proceed south on Battle Axe Road (simply follow the main
road indicated by yellow road signs and 35 MPH markers) to the destination of
Rattlesnake Compressor Station. There is a fence and locked gate (lock
combination available to property owners) just a few feet past this compressor
station, which is the beginning of the ranch. Drive through the gate and you
will be just north of Section 5 in the northwest portion of the ranch.
Doug Caffey & Affiliates (DCA) has been in the rural land sales and
investment business for almost 35 years and sincerely believes there is no
other comparable land in the United States of America that offers the following
five (5) features along with prices in the $135 to $195 PER ACRE range!
