Floyd County CRP 198.5 Acres

Location: Approximately 12 miles North of Floydada Texas on the east side of Hwy 207. (One mile North of Hwy 207 and FM 97 East Intersection)

Legal Description: SW Part, Survey 22, Block D-2, WM Myers, Floyd County Texas, containing 197.5 acres more or less. (Approximately 1.5 acres and house in the Southwest corner has been sold and is not a part of this property)

Description: This land has excellent grass and lies extremely flat. There are 3 wells on the property without pumps. Electricity is available to the SW corner, and all along the North boundary. Underground tile and standpipes are also along the North boundary and will provide some depreciation. The land fronts Hwy 207 for ½ mile, and there is a county road on the South boundary, providing broad access to the property. This is a very nice property that could be grazed or farmed after the CRP contract expires.

USDA-CRP Information:
Acres Enrolled: 194.5
Rental Rate Per Acre: $40.00
Total Annual Payment: $7,780.00
Expiration Date: 9/30/2012

Minerals: None available, surface only
Wind: This property is located in an area with excellent wind potential. All wind rights convey to the Buyer.

Price: $675 per acres total of 133,987.50