South Texas ranch on the outskirts of Alice. A good mix of cultivated farm land (approx. 294 ac grain/cotton) and thick native brush (approx. 231 ac). Excellent paved road frontage on FM 1554 and access off of S. Hwy 281 Bypass. Seller will consider selling property in two tracts - farm land parcel of 375 acres and brush parcel along FM 1554 of 150 acres. Price would change if seller has to divide. Farm land is currently leased. Approx. yearly income of $20K to $30K. Great investment potential.