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$124,000

TX-203, Wellington, 79095

On MarketInfo
Baths0 Bath

About this property

Buyer Advisory Some national real estate websites route ''Contact Agent'' or ''Email Agent'' inquiries to agents who are not the listing broker and may not be local to this property. For accurate information and local representation, please contact Chad Holland Real Estate, directly. Price: $124,000 Status: Active Property Type: Farm & Ranch Neighborhood: Wellington Property Overview: A rare opportunity, the 38.25-acre tract of gently rolling grassland offers the perfect place to build your dream home and run a few head of livestock, subdivide into 2-4 tracts or even construct an RV Park. Currently enrolled in the Conservation Reserve Program (CRP), property features a diverse cover of native and perennial grass varieties and a few trees. The 10-year CRP contract expires Sept. 30 this year. State Highway 203 runs along the south edge of the property, and County Road 230 borders the east side. The road through the pasture on the west side leads to a residence. Located only minutes from Wellington, don't miss your chance to stake your claim on this piece of rural countryside. Legal Description: 38.25 acres, more or less, in the SE ¼ SEC 8, BLK 11 H&GN Ry. Co. Survey, Collingsworth County, Texas. Fences: Good five-strand barbed wire fence on north border. Fence on west side needs an upgrade. Mineral and Mineral Rights: Subject to previous reservations of record. Any mineral interest owned by Seller, if any, will be retained. Wind Rights: All wind rights owned by Seller will be conveyed. Solar Rights: All solar rights owned by Seller will be conveyed. Water Rights: All water rights owned by Seller will be conveyed. Water Information: Managed by Mesquite Groundwater Conservation District. Irrigation Wells: None. Surface Water: None. Domestic Water Well: None. Rural Water: The Red River Water Authority line is located n the area. Buyer to verify all utility specifications and availability. Utilities - Electric: Greenbelt Electric Cooperative, Inc. service is available in the area. Buyer to verify availability, capacity, and specifications. Soils: Predominantly miles loamy fine sand. Buyers should conduct their own due diligence regarding soils, productivity, suitability for intended use, and any other soil characteristics important to their intended use of the property. Topography: A slight 0 to 3 percent slope. FSA Base Acreage and Yields: None Zoning: Agricultural. Located outside of any municipality. Easements and Rights-of-Way: There are no known easements or rights-of-ways that materially interfere with the current operation of the property. Neighbor to the north has an easement along the west side of the property to his residence. Whether the easement is recorded or if it is simply a verbal agreement is unknown. The Commitment for Title Insurance should identify all existing easements and rights-of-way. School District: Wellington ISD Tax Information: Taxes for 2025 were $116 with an Agricultural Value Exemption. Hunting and Grazing Leases: None in place. Possession: Upon Closing and Funding. Directions: From U.S. Highway 83 at Wellington, head east on State Highway 203 for 4 miles. Subject property will be on the north side of the road. Southeast corner is the intersection of SH 203 and County Road 230. Showing Instructions: NO TRESPASSING. All showings are by appointment only and must be coordinated through the Listing Agent or Broker, or a licensed real estate agent authorized by the Listing Broker. As with any Exclusive Listing Agreement, owners are not to negotiate directly with prospective buyers and should refer all inquiries to the Listing Broker. Please do not contact the owners directly. Direct all questions to the Listing Broker. This property is not for rent, not for lease, and owner financing is not available

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$744 /month
Positive
Cash Flow Estimate:
$248 /month

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Beverly Odom

Chad Holland Real Estate

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Financing Details

Estimated Taxes & Insurance
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$X/month
No HOA
5.947%

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Wellington

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