420 Hwy 35 Highway 35
Palacios, TX 77465

Prime Ground Lease Opportunity: Yeatman No.1 Well on 3 Acres lie on 13.08 acres lot. Unlock the potential of this exclusive surface ground lease featuring the Yeatman No.1 Well, spanning 3 acres for efficient drilling operations. The lease is renewable and negotiable every 3 years, offering flexibility for your venture.Key Features:Mineral Rights: The seller does not own mineral rights, providing a clear landscape for your operations.Water Access: Benefit from water access associated with the well drilling. Upon the cessation of water well usage by operators, the well becomes the property of the landowners.Land Restoration: Post-lease termination or well plugging, operators commit to restoring the land's surface to its original condition.Seize this rare opportunity for a strategic and sustainable investment. Adjacent to 19239 State Highway 35,Palacios, TX 77465