Lacy Home Place Collingsworth County ( Texas, US - 79095) Land Only

$787,200
Income producing property!

CHAD HOLLAND REAL ESTATE

Bev Odom Bev Odom 806-205-1322 (Cell) Request More Info

  • Experience farming, grazing cattle and hunting!
  • Type: Farm and Ranch
  • Style: Lot / Land
  • Development Level: Land Only
  • Lot Size: 492 acres
  • Taxes: $903.47 (2017)
  • MLS #: 18-118201

Description

DESCRIPTION: Have the best of both worlds with income producing cropland and cattle grazing pasture land with hunting property as well on 492 acres more or less. Located only 7 miles straight west of Wellington on FM 1056 and 1 ½ miles south on County Road 110 to the entrance of the property, Buck Creek lies adjacent to the east side of the “Lacy Home Place.”
Two wells supply stock water. Rustic barn provides for feed and equipment storage. The partially terraced 135.2 dryland acres produce mostly 2-1 skip-row cotton and graze out wheat under the same tenant for approximately 50 years. Small tracts of cropland in pasture can be planted as food plots for wildlife.
The 356.8 acres of native pasture features deep canyons with mesquites, sagebrush, cedars and some bodark and hardwoods which provide excellent grazing, shade and cover for wildlife including deer, turkey, dove, quail, wild hogs and varmints.

LEGAL DESPCRIPTION: 492 acres out of Block 14, Section 72, H. & G.N. Ry. Co. Survey, Collingsworth County, Texas.
MINERALS: Subject to previous record, any mineral rights will be retained by current owner.
WIND RIGHTS: Half of wind rights will be retained by current owner.
WATER RIGHTS: All water rights will convey to buyer.
FSA BASE ACREAGE: For Crop Year 2018, Wheat 66.4 acres, Generic 59.0 acres, Grain Sorghum 0.0 acres and Peanuts 6.5 acres.
TOPOGRAPHY: Excellent topography with rolling grassland, deep canyon draws and terraces on most of the cropland.
FENCES: Good five strand barbwire fence on north boundary and fair on east, south and west borders pasture land. Interior cross fences for cattle are electrified. The west and south cropland borders are not fenced.
IMPROVEMENTS: An old barn is located near the entrance from the west.
WATER: Property contains two wells with submersible pumps, one near the barn and the other solar powered in the northeast area of the pastureland with an overflow pond.
WATER CONSERVATION DISTRICT: Mesquite Groundwater Conservation District
UTILITIES: Electric.
ZONING: Agricultural. Located outside of any municipality.
EASEMENTS: There are no known easements that will interfere with the operation of the land.
SURVEY: None.
PERSONAL PROPERTY: Miscellaneous.
HUNTING LEASE: None in place.
GRAZING LEASE: Currently under a grazing lease.
TAXES: Estimated taxes are $903.47 per year.
POSSESSION: Upon closing and funding.

Serious Qualified Buyers can contact Bev or Chad for more detailed information.
NO TRESPASSING. PLEASE DO NOT ACCESS PROPERTY WITHOUT BEING ACCOMPANIED BY LISTING AGENT OR 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. Otherwise the fee participation will be at the sole discretion of Listing Broker.

DIRECTIONS: From Hwy 83 in Wellington, go west on 15th Street. Continue west on FM 338 for 3 miles. The name of road changes to FM 1056 so continue west on it 4 more miles. Then turn south for approximately 1 ½ miles on County Road 110 to entrance of property on the east side of the road.

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All information, including square footages and acreages, is obtained from the various Tax Appraisal Districts or from the 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.