DESCRIPTION: 320.15 acres located about 8 miles west southwest of Claude in Armstrong County on County Road 8. Approximately 200 acres is improved grasses and former cropland and the remaining 120 acres is in native rangeland with a wet weather draw. Five strand barbwire perimeter and cross-fences, with metal pipe corners in fair to good condition, along with metal pipe gathering and working cattle pens and an old railroad boxcar provide a nice setup for running cattle. There are no other structural building improvements on the property. (The two-story home, built in 2014, located on a 10-acre tract on the west side is not included). Solar panel powered submersible pump is in the middle of the property where the pens are located. The shallow wet weather draw feeds a stock pond in the southeast portion of the property. Although there is not much cover, wildlife including deer, turkey, dove, quail, wild hogs, and varmints occasionally traverse the area. An older nonoperational Irrigation Well and an older Center Pivot Irrigation System, in poor condition, covering approximately 95 acres is in the northwest corner. The age and condition of the irrigation well and center pivot is unknown and only a nominal value was given in the appraisal. State Certified Appraisal dated April 26, 2017 indicates a Market Value of $315,000. Asking Price is only $305,000. Accepted Contract offers are subject to final approval by the United States District Court for the Eastern District of Texas. Any sale will be As Is with no repairs or deductions for repairs. Serious Qualified Buyers can contact Chad for more detailed information.
LEGAL DESCRIPTION: 320.15 acres in W/2 of Section 228, Block B4, H & GN Ry. Co. Survey, Armstrong County, Texas.
MINERALS: Subject to previous reservations, Seller will reserve none.
WIND & Water: All wind and water rights will convey to buyer.
IMPROVEMENTS: Cattle pens, old boxcar, old center pivot irrigation system, old well. Please note, the large two-story home on 10 acres in the middle of the west side is not included.
FSA BASE ACREAGE: Not in programs.
WATER: Wet weather stock pond and solar powered submersible pump for livestock use. Age and condition of nonoperational irrigation well on property is unknown. An irrigated tract of land lies to the northwest of this property.
TOPOGRAPHY: Level to gently sloping.
SOILS: PuA Pullman Clay Loam 26.06%, OcB Olton Clay Loam 22.30% EcB Estacado Clay Loam 23.35%, MkC Mansker Loam 6.74% Lm Guadalupa Fine Sandy Loam 8.82%, and BmD Berda-Veal Association
POSSESSION: Upon closing and funding.
OTHER: HUNTING LEASE: None in place.
UTILITIES: Rural electric and natural gas lines are available to connect to.
PERSONAL PROPERTY: Any personal property, is owned by current tenant and does not convey.
TENANT: Tenant is to vacate before closing.
TAXES: $582.70 with Ag Exemption (2016). However, cattle pens, lean to, and boxcar are not shown on the Armstrong County Appraisal District tax roll for this property, so an additional $130.53 per year in taxes can be expected. (These items are incorrectly shown on the 10-acre tract with the house that is not included in this sale).
DIRECTIONS: Claude is located on US Hwy 287 approximately 20 miles east southeast of Amarillo. From Claude take FM 1151 west for approximately 6.5 miles to County Road 8, then south two miles. (Or four miles south of US Hwy 287). Property lies to the southeast of the intersection. County Road 8 is the western boundary. Hotel Road is the northern boundary.
NO TRESPASSING. PLEASE DO NOT ACCESS PROPERTY WITHOUT BEING ACCOMPANIED BY LISTING BROKER, OR BUYER'S AGENT WHO HAS WRITTEN PERMISSION FROM 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 or tenants 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, and all subsequent viewings and inspections, to be allowed brokerage fee participation.
DISCLAIMER: All information, including square footages and acreages, is obtained from the various Tax Appraisal Districts or Sellers, and is deemed reliable, but not guaranteed. All information should be independently verified for accuracy. All properties are subject to change, withdrawal, or prior sale. Chad Holland Real Estate shall not be responsible or liable for typographical errors, misprints, or misinformation.