Owner Finance Terms
This is your opportunity to acquire a double lot in a Town of Rankin, Texas. This property is located in secluded area where you can slow down the pace of your life and enjoy it to the fullest. The size of the property is 50 x 140 each lot or 14000 sq. ft. for double lot. Taxes are current. No liens. RV’s allowed. Mobile home allowed.
Secluded in northwest Upton County, Texas, where wind and water compete with cattle and oil you will find a special place to spend a night, a weekend or a week. Visitors are able to enjoy bird watching and wildflower viewing from the comfort of their back porch. Wildlife can be seen watering at the pond in the early morning or late evening. Hiking, mountain biking, photography and stargazing opportunities are available for the more adventuresome guests.
RANKIN, TEXAS (Upton County). Rankin, the county seat of Upton County, is in the southeast part of the county at the junction of U.S. Highway 67 and State Highway 349, ten miles west of the Reagan county line. It is in the heart of the Permian Basin and is the oldest town in the county, having been established in 1911. The town, named for early day rancher F. E. Rankin, was founded after Upland, then the county seat and eleven miles north, was missed when the Kansas City, Mexico and Orient Railway was routed south instead of following the Butterfield Overland Mailqv route along Centralia Draw to the north.
Rankin received a post office in 1912. Most Upland homes and businesses were moved to the new railroad town of Rankin, but it was not designated county seat until March 20, 1921. Rankin remained a small ranching community until the mid-1920s, when oil was discovered in the surrounding area. Santa Rita, McCamey and Yates fields opened up and the population soared. It was estimated at 1,500 in 1928. During this boom period, electric, telephone, and water systems were enlarged. Two forty-six room hotels, an $80,000 brick school building, a courthouse, and a two-story office building were erected. A bank was established, and a weekly newspaper, the Upton County Journal, started publication.
The city was incorporated in 1928. This boom period brought a hospital, a community building, three new school buildings, a country club, and a library. The population doubled by the 1950s to 1,132. Rankin remained stable with a total of 1,121 residents and thirty listed businesses in 1970 and 1,278 residents and twenty-four businesses in 1980. In the 1990s the city had six churches, four parks, a nine-hole golf course, a swimming pool, and a roping arena, and the Yates Hotel housed the Rankin Museum. The area had pecan orchards and irrigated farms, but oil, sheep, and cattle continued to be the base of the economy.
2 years (24 months) - $97.41
3 years (36 months) - $66.83
This information is deemed reliable, but not guaranteed. Neither (LandCentury.com nor their Associates) are responsible for the accuracy of the information. The buyer is responsible for verifying all information with the county. The land is being sold "as-is" with no warranties either expressed or implied as to the location, condition, accessibility, terrain, build ability, or information contained in this listing. Sizes advertised are approximate. Buyers are required to perform all due diligence prior to bidding. By buying you are acknowledging that you have completed all due diligence and that you understand legal commitment to purchase.