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1 Bed
1 Bath
800 sqft

$1,200,000

191 County Road 358, Richland Springs TX, 76871

Price per sqft$1,500.00
Built in1980
Property size800 sqft
Property typeResidential

Overview

Active

Updated Jun 8

WATER, WATER, WATER And where else would you find all this water except in a town called Richland Springs! This well is reported to produce over 1000 gallons per minute. (Buyer should verify the report with their own testing.) The well is classified as a non-flowing Artesian that has hit in a rare fracture into an aquifer that supplies this abundant, essential resource. The need for good water in our world is always on the increase in demand. Entrepreneurs and investors should be keenly aware on how to capitalize on this valuable resource. In some ways, more valuable than oil. Obviously the value in this property is all about the phenomenal well but there is a small comfortable home, pecan and fruit tree orchard, small pond, large covered patio, large century live oaks and some other out buildings. Sellers may consider some owner financing if the terms proposed are attractive. Consider all the possibilities of what can you do with this much water?

$7,984/mo

Est. mortgage payment based on a $1,200,000 home price.

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

Additional information

MLS® ID
20746614

Interior Features

Bedrooms
1
Bathrooms
1
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
1.98 Acres

Other Property Details

Taxes
$1,314
Tax Frequency
Annually

Listed by Deryl Hoyt Jr with Hoyt Real Estate
Listing Contact: 325-205-0601 

The IDX display contains information sourced from the North Texas Real Estate Information Systems, Inc. as of 6/8/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 6/8/2026 at 2:34 PM UTC

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