TBD Farm To Market Road 2042

71.00 acres, more or less, located just southwest of Lake Scott and just outside the city limits of Childress, Texas, offering excellent potential residential development land as well as continued agricultural use or long-term investment. With road access from FM 2042 on the south and 5th Street SW on the north, developers and builders may wish to evaluate this tract for future single-family residential subdivision, estate-sized lots, or other residential development concepts, subject to applicable approvals. Large development tracts in close proximity to Childress and Lake Scott are increasingly limited, making this property an attractive opportunity for builders, developers, or investors evaluating subdivision opportunities near Childress. The tract lies in close...see more... ...prox imity to the City of Childress and Lake Scott, making it a convenient location for future residential growth while still offering the flexibility of acreage located outside the city limits. The property is accessible from FM 2042 on the south and 5th Street SW on the north, providing multiple potential entry points for future subdivision planning. In addition, if the currently unopened but platted city streets in the northwest quadrant were reopened, the tract could potentially benefit from additional access points connecting to existing streets within the City of Childress, which may enhance development flexibility depending on future subdivision design and approvals. The land is currently in cultivation, with portions of native grass, brush, and scattered trees located in two of the southwest corners of the property. These areas may offer opportunities for green space, drainage areas, or other natural features within a development layout, depending on final engineering and design. A large electric transmission line and associated easement cross the property generally through the central portion of the tract. This easement has historically not materially affected the agricultural use of the property and may provide opportunities for open space, greenbelt areas, drainage corridors, or other compatible uses within a potential development plan. To the best of Seller's knowledge, no other easements or rights-of-way are known that would materially affect the use of the property, however a Commitment for Title Insurance will identify all recorded easements and encumbrances of record. Based on the size of the tract, the property may offer the potential for multiple residential lots depending on subdivision design, road layout, drainage requirements, utility availability, water source, and governmental approvals. Developers and builders may wish to evaluate the tract for single-family residential subdivision, estate-sized lots, or other residential development concepts, subject to applicable regulations. Availability and capacity of water supply sources, municipal water service, rural water supply systems, groundwater resources, sewer or septic systems, electricity, natural gas, telecommunications, road access, drainage improvements, and other infrastructure should be independently verified by prospective buyers through the appropriate utility providers and regulatory authorities. Prospective buyers are expected to conduct their own independent due diligence regarding zoning or land-use regulations, subdivision requirements, platting, access, road construction standards, utility availability and capacity, availability and regulatory approval of water supply sources, drainage requirements, environmental considerations, and all applicable city, county, and state regulations. This property represents a rare opportunity for development-scale acreage near Childress, suitable for builders, developers, or investors seeking to participate in the region's expanding housing demand. See broker's website for full description. LEGAL DESCRIPTION: 71.00 acres, more or less, in Section 594 Block H, W&NW Ry. Co. Survey, Childress County, Texas. SURVEY: Available. IMPROVEMENTS: None. Old dilapidated house just west of 5th St SW was recently torn down and buried. PERSONAL PROPERTY: None. FENCES: Fair to None MINERALS & MINERAL RIGHTS: Subject to previous reservations of record. Any owned minerals will be conveyed. WIND RIGHTS: All wind rights will be conveyed to buyer. SOLAR RIGHTS: All solar rights will be conveyed to buyer. WATER RIGHTS: & Water: All water rights will be conveyed to buyer. WATER CONSERVATION DISTRICT: Gateway Groundwater Conservation District IRRIGATION POTENTIAL: Unknown. SURFACE WATER: None DOMESTIC WATER WELLS: There is not a working water well on the property. UTILITIES: Electric lines along 5th St SW and along the south boundary. TOPOGRAHY: Mostly level with 20 feet of total elevation change at highest point on the north to the lowest point on the south. FSA BASE ACREAGE & YIELDS: Available. ZONING: Agricultural. Located outside of any municipality. EASEMENTS & RIGHTS-OF-WAY: An electric transmission line easement runs across the middle and is not expected to materially affect the operations of this farm. There are no other known easements or rights-of-way that will affect the operation of this property. Commitment for Title Insurance will identify all existing easements. SCHOOL DISTRICT: Childress ISD TAXING DISTRICTS: Taxes for 2025 were $117.86 annually with an Agricultural Value Exemption. HUNTING LEASE: None in place. GRAZING LEASE: None in place. POSSESSION: Subject to harvest of any growing crop. DIRECTIONS: From the intersection of US Hwy 287 and US Hwy 62/83, go 1.9 miles to FM 2042, then east for .9 miles to entrance on the north side of FM 2042. NO TRESPASSING. PLEASE DO NOT ACCESS PROPERTY WITHOUT BEING ACCOMPANIED BY LISTING BROKER OR AN AGENT WHO HAS WRITTEN PERMISSION FROM LISTING BROKER. As with any Exclusive Listing Agreement, owners are not to negotiate with any prospective buyers, but to refer all prospective buyers to the Listing Broker, so please do not contact any of the owners directly. Please direct all questions to Listing Broker. This property is not for Rent, not for Lease and Owner Financing is not available.