Location:
Approximately 18 miles South of Plainvew Texas on FM 400.
Legal:
N/2, Section 6, Block CL, AB 2218, Hale County Texas, containing 315.8 acres more or less.
Description:
This CRP property is beautiful. The grass is as good as any I have seen. FM 400 runs along the east for ½ mile and there is a county road on the north for 1 mile providing good access. Improvements include two wells (have not ran in several years), one domestic well, underground tile, and electricity. There are 7 years remaining on the CRP contract.
CRP Information:
Acres Enrolled: 288.1
Rental Rate Per Acre: $40.90
Annual CRP Payment: $11,783.00
Expiration Date: 9/30/2015
Minerals: Seller will reserve ½ of the minerals currently owned.
Wind: Seller will reserve ½ of the wind rights.
Price: $197,375.00 $625 per acre
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