State: Texas / Region: South Plains
County: Terry / Acres: 640+/-
Taxes: $2,304.72 est.
Property Type:
Dryland, CRP and Irrigated Farm
Location: Southwest of Brownfield
These 3 tracts of excellent farmland with very good soil are located in Southwest Terry:
Tract 1: 160 acres +/- SE4 Section 98. 120 acres +/- under center pivot irrigation system which is owned by the tenant with a reported 100 GPM from 7 wells. The property is accessed by paved County Road 303 pavement frontage on the east boundary and CR 470 on the south boundary. Estimated annual taxes for this property are $611.89.
Tract 2: 160 acres +/- SE4 Section 98. 78.40 acres of CRP which pays $45.00 per acre through 2026 for a total annual payment of $3,528.00 and 80 acres +/- of dryland farm. The property has CR 470 on the south property line and is one mile from paved CR 402. Estimated annual taxes for this property are $ 573.40.
Tract 3: 320 acres +/- E 1/2 Section 123. 320 acres of Conservation Reserve Program land. Two contracts of CRP: 1) 200.00 Acres with payments of $32.50 per acre through 2021 for a total of $6,500.00 yearly. 2) 112.63 Acres with payments of $45.00 per acre through 2026 for a total payment of $5,068.00 annually. CR 470 provides frontage on the north and the property is 1/2 mile from paved CRP 402. Estimated annual taxes for this tract are $ 1,119.13
Good farms with close pavement access.
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.