0 Norris Cp RdBay City, TX 77414

For Sale
$7,605,000

Established, high-yield income property.

Overview

Added:
Dec 11, 2024
Days on market:
92
Exceptional opportunity to acquire a highly profitable, established 507-acre turf farm in Bay City, Texas. Located in Matagorda County (Abstracts 114, 301 & 298), this rectangular property boasts an optimal layout for turf production, featuring strategically placed canals for irrigation. Water sources include private wells and access to the Lower Colorado River Authority (LCRA) for backup. The property benefits from a well-designed drainage system, incorporating 28 "turtle back" plots to maximize water retention. Public electricity is readily available. The land is generally level and situated in Flood Zone X (unshaded), outside the 100-year floodplain. Currently generating approximately $3.5 million annually in revenue, even at low yields, this turnkey operation presents a significant investment opportunity. The asking price is $7,605,000, translating to $15,000 per acre. This represents a rare chance to assume an existing, successful, and income-producing turf farm with established infrastructure and water rights.

Highlights

  • Established, profitable turf farm operation.
  • On-site wells provide ample water supply.
  • Currently generating positive cash flow.

Property Details for 0 Norris Cp Rd

Property type
Other land, Other farms
Lot Size (sq. ft)
22,084,920 SF

Location Insight

City
Bay City
County
Matagorda
State
Texas
Latitude
28.914032
Longitude
-95.881622
Norris Cp Rd, Bay City, Texas

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0 Norris Cp Rd
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