"ALL IN CONTRACT"
State: Texas / Region: Panhandle
County: Castro
Property Type: Ranch / CRP some Cultivation
Acres: 2,038.4 acres more or less
Taxes: $4,393.25
The property consists of 2,038.4 acres more or less being mostly CRP and including native and improved grass and also some cultivated acreage on three of the tracts. Good soils, location and access.
The Ranch will be sold in its entirety or by individual tracts as follows:
Tract 1 [IN CONTRACT] 417.1 Acres The W 91.5 ac of the S2 of Section 156 and the S2 Section 165 184.31 acres of CRP which is expiring September 30, 2020, 109.2 acres of native grass, 112.9 acres of cultivated ground with the balance in an old home site and roads. There is a new solar powered pump and a windmill in need of some repairs. Soils are a majority Pullman and Lofton clay, loams with the balance being Estacado.
Tract 2 [IN CONTRACT] 629.9 Acres All of Section 167 less 16.14 acres out of the Northeast corner. 392.11 acres of CRP, 139.67 acres of native grass and 99.14 acres of cultivated land. 342.86 acres of CRP contracts are through 2031 paying $32.02 per acre annually and one contract of 49.25 acres expiring this year. The property has one well equipped with a submersible pump attached to utility power. Soils are mostly Pullman and Acuff loams with a minor amount of Estacado and other soils.
Tract 3 [SOLD] 661.0 Acres All of Section 248. 80.89 acres of improved grass, 95.39 acres of native grass, 303.84 acres of CRP expiring in 2031 and paying $31.48/ac, 41.99 acres of CRP expiring in 2025 and paying $47.02.ac and 135 cultivated acres. Pullman clay, loam soils are the dominant soil with a small percentage of Estacado and a small acreage of Randall in the Southeast corner of the property.
Tract 4 [SOLD] 330.4 Acres The N2 of Section 274 CRP contract consisting of 328.93 acres expires in 2025 and pays $40.94 per acre. The property has well with submersible pump located in the northeast corner of the property and has utility power. This half-section is almost entirely Pullman clay, loam soils with 9 acres of Randall clay in a small shallow playa.
This property is diverse with CRP, native grass and cultivation. Excellent location and access makes this a property that needs to be considered for your investment.
The information contained herein is as obtained by Scott Land Company LLC - Dimmitt, Texas from the owner and other sources and even though this information is considered reliable, neither broker nor owner make any guarantee, warranty or representation as to correctness of any data or descriptions and the accuracy of such statements should be determined through independent investigation made by the prospective purchaser. This offer for sale is subject to prior sale, errors and omissions, change of price, terms or other conditions or withdrawal from sale in whole or in part, by seller without notice and at the sole discretion of seller. Readers are urged to form their own independent conclusions and evaluations in consultation with legal counsel, accountants, and/or investment advisors concerning any and all material contained herein.
Tract 1
