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Location: South Central Hale County, a few miles North of the Lubbock County line* 3 ½ miles East of Interstate 27 on Hwy 54. Property is on the South side of Hwy 54.
Legal Description: AB 1195, PRE PEARCE WH, Hale County Texas, containing 151 acres more or less.
Description:
This is a nice little farm with multiple use opportunities. It is currently being farmed in milo. There are 21.97 acres of native grass ideal for grazing. An additional 16.14 acres of CRP, that is expiring this year, could then be grazed, making a total of 38.11 acres of good grazing grass.
The property would be excellent for raising crops or cattle. There are 2 wells and underground tile. There is also a ¼ mile sprinkler pad. One small dirt tank/pond is located near the south well for livestock and wildlife. The soil looks to be very strong and productive. Excellent access is provided by Hwy 54 on the North boundary.
Minerals and Wind: Seller will convey 25% of the minerals and wind currently owned.
FSA Information:
Wheat Base: 21.8 Acres*Yield: 21
Upland Cotton: 116.9 Acres*Yield: 403
Total Direct Payment: $2,817.00
Price: $113,250.00 $750/Acre
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