If you would like to reserve this parcel, please click the “Reserve Now” button to make your payment via credit card or debit card. Once you’ve completed checkout, we will receive instant notification of your deposit. The deposit will be credited towards your purchase, and we will be in touch with you soon thereafter to complete the rest of the transaction and documentation.
This is a 40% undivided interest in 344 gross acres, or 137.6 net acres. This 40% interest is the largest single ownership interest in the tract. There are 6 other owners in the tract, and the second-largest owner has a 33% interest. Reeves County has appraised this tract at $206,400 for 100%. Get it today for a steal!
What is an undivided interest?
An undivided interest is a percentage interest, which is less than 100%, where each owner, or tenant, has equal right to enjoy the entire property. Thus, each owner has an unrestricted claim to the entire property, and no tenant has an exclusive claim to any part of the property.
This interest owns 40% of the entire 344 gross acres and not 100% of any specific 137.6 acres. This is an undivided interest.
County Rd 128 Pecos, TX 79772
344 Acres of land, more or less, being the south half (S/2) of Section 2, Block 55, Township 7, T&P Railway Co. Survey
Document Prep Fee
At closing, Buyer will pay a document preparation fee, which includes postage and recording fees.