Paragon Realtors Real Estate

191 County Road 358Richland Springs, TX 76871Price: $1,200,000

  • Price: $1,200,000
  • Est. Mortgage of $/month
  • 567 Days on Market
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Federal 30-year interest rate: 6.36% last updated on May 14, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,200,000List Price
  • 1Bedrooms
  • 1Bathrooms
  • 1.98Acreage
  • 800Square Feet

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Listed by Deryl Hoyt Jr of Hoyt Real Estate (325-205-0601)
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?

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Based on information submitted to North Texas Real Estate Information Services as of May 21, 2026 5:30 AM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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