DESCRIPTION: 100 acres, more or less, south of Lelia Lake about 70 miles from Amarillo between Clarendon and Memphis. This property is all in improved grass. This would make an excellent location for a homesite. Wildlife includes deer, turkey, dove, quail, wild hogs, and varmints.
LEGAL DESCRIPTION: 100 acres, more or less, in Section 91, Block C-6, GC & SR Survey, Donley County, Texas
MINERALS: Subject to previous reservations of record. Half of the mineral estate owned will convey. Seller is conveying the Executive Rights to execute oil, gas and mineral leases to Buyer. Seller is reserving the Executive Rights to receive bonuses, rental and royalties.
SOIL: Sandy loam.
TOPOGRAPHY: Level to slightly sloped and rolling,
WIND & Water: All wind and water rights will convey to buyer.
FENCES: Good five strand barbed wire on north and around house in southeast corner.
FSA BASE ACREAGE: All in Improved grass, with10.4 acres of Wheat Base with 14 bu PLC Yield, 3.9 acres or Oat Base with 30 bu PLC Yield, and 63.45 acres of Generic Base with 205 CTAP Tran Yield, per FSA 156 record.
IRRIGATION POTENTIAL: Unknown. However, Irrigation circles within quarter mile to east and south.
POSSESSION: Upon closing and funding.
HUNTING LEASE: None in place.
TAXES: Approximately $minimal per year with Ag Exemption
UTILITIES: Electric along the east boundary on east side of County Road 18.
EASEMENTS: Any easements are not expected to affect the operations of this farm. Commitment for Title Insurance will identify all existing easements.
PERSONAL PROPERTY: None.
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.
DIRECTIONS: Lelia Lake is located 7 miles southeast of Clarendon, or 19 miles northwest of Memphis on US Hwy 287 between Amarillo and Wichita Falls. From Lelia Lake take FM 1754 south for 2.6 miles, then west on County Road W for .3 miles to County Road 18, then go south for a half mile. Property lies on the west side of County Road 18.