DESCRIPTION: 215 acres, more or less, on the western edge of Childress County, located about 22 miles northwest of Childress, or 14 miles southeast of Memphis, with approximately 193.11 acres in cultivation, and the remaining 21.89 acres, more or less, in native grass, brush, mesquite, hardwoods offer good hunting. Wildlife includes deer, turkey, dove, quail, wild hogs, and varmints. (A similar 100 acre tract on County Road M, less than three quarters of a mile south is also available!)
LEGAL DESCRIPTION: 160 acres, more or less, in Section 4, Block L, J M Harrell Survey, Childress County, Texas and the adjoining 55 acres, more or less, in Section 21 T A Thompson Survey, Childress County, Texas.
MINERALS: Subject to previous reservations of record. Half of the mineral estate owned will convey. Seller is conveying Executive Rights to execute oil, gas and mineral leases to Buyer. Seller is reserving the Executive Rights to receive bonuses, rental and royalties.
WIND & Water: All wind and water rights will convey to buyer.
IMPROVEMENTS: None - Old Homestead.
FSA BASE ACREAGE: 45.3 acres of Peanut Base with 2,820 lb. PLC Yield and 147.0 acres of Generic Base with 314 CTAP Tran Yield.
WATER: Old domestic water well, not used in over a decade. An old stock tank on north end needs cleaning out and dam rebuilt.
IRRIGATION POTENTIAL: Unknown. A couple of irrigated tracts located approximately a couple of miles to the north and to the northeast.
POSSESSION: Subject to harvest of any growing crop. Owner 1/4 and tenant 3/4 crop share on cotton and 1/3 & 2/3 on other crops.
HUNTING LEASE: None in place.
UTILITIES: Electric along FM 1619 on the south and east and CO RD K on the north.
EASEMENTS: A gas pipeline easement across the northeast corner, water and other easements are not expected to affect the operations of this farm. Commitment for Title Insurance will identify all existing easements.
PERSONAL PROPERTY: None. Seller may remove old wood from the old homestead buildings.
DIRECTIONS: Newlin is located 20 miles northwest of Childress on US Hwy 287 between Amarillo and Wichita Falls, or 14 miles southeast of Memphis. From Newlin, go approximately 2.1 miles northeast on FM 1619. Property lies on the north and west side of FM 1619, bordered by County Road K on the north.
Serious Qualified Buyers can contact Chad for more detailed information.
PLEASE DO NOT ACCESS PROPERTY WITHOUT BEING ACCOMPANIED BY LISTING BROKER.
As with any Exclusive Listing Agreement, owners are not to negotiate with any prospective buyers, but to refer all prospective buyers to the Listing Broker, so please do not contact any of the owners directly. Please direct all questions to Listing Broker. This property is not for Rent, not for Lease and Owner Financing is not available.
Buyer's Broker must be identified upon first contact with Listing Brokerage Firm and must accompany buying prospect on first showing to be allowed brokerage fee participation.