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$354,500

TX-152, Wheeler TX, 79096

Property typeOther

Overview

Active

Listed May 15, 2026

Updated Jul 31

This 141 acre property located between Mobeetie and Wheeler in Wheeler County, Texas offers a turnkey small ranch operation featuring quality native grasses, dependable livestock water, thoughtful pasture design, and an existing income-producing surface lease. The property sits on the north side of Highway 152 with paved highway frontage and easy access. Historically the ranch has run approximately 150 nannies and has been thoughtfully developed with four separate pastures for rotational grazing. All perimeter and interior fencing is net wire and in working condition, making this a turnkey setup for goats, sheep, or cattle. A unique value-add to this property is the existing surface lease located in the southeastern corner, where approximately 10 acres are currently leased to a construction company at $3,000 per month with no defined end date. This active lease provides immediate cash flow and helps offset ownership costs.

$2,358/mo

Est. mortgage payment based on a $354,500 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

MLS provider logo

Courtesy of Cayson George with Western Heritage Realty/Invest
Listing Contact: 806-341-8524 

Based on information from the Lubbock Association of REALTORS® as of 7/31/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. 

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