County Road 1038, Muleshoe, TX 79347 - Bailey County

EXPIRED CRP TRACT IN BAILEY COUNTY

DESCRIPTION: This tract is improved grass tract is located in Northern Central Bailey County. The SE corner of property is situated on NW corner of intersection of CR 1038 and CR 143 only 2.5 miles from Muleshoe, Texas. This property is being marketed as a recently expired Conservation Reserve Program investment tract that could be put back into production, but could also offer future potential for other development with good County Road access and close proximity to town.

LEGAL DESCRIPTION: A293 WD&FW JOHNSON SEC 24, BLOCK X, ACRES 120, (PT SE4)

IMPROVED CATTLE PASTURE READY TO GRAZE FOR SUMMER

TOPOGRAPHY: Farm is mostly flat with ranges in elevation from 3836 feet to just over 3857 feet.

IMPROVEMENTS: Some old pens and a old stock water well the located mile w off CR 143, 1 other permit, but no pump or panel located in the NW part of the tract. The permits are on record at HPWD but no wells are currently in use and condition is unknown and unverified. There is road access on east and south boundary of the property with utility poles on east of north boundary and all of south boundary. There is a large KV transmission line running E/W located just north of the south boundary as well.

WATER FEATURES: There are no permanent above ground running or standing water features on tract.

FENCING: None

WILDLIFE, HUNTING AND RECREATION: Possible location for Mule Deer. Will also be good for dove, and quail as well. Accessibility is good to this tract which county-maintained dirt roads on south and east.

LAND WITH PREDOMINATELY AMARILLO FINE SANDY LOAM

SOIL: Soils on Farm are predominantly classified as Amarillo Fine Sandy Loam with 0-1% slope and Midessa Fine Sandy Loam with 0-1% and 1-3%Slope which are good for irrigated or non-irrigated crop production and good for grazing. There is approximately 4.4 acres of Bippus Clay Loam on east side of tract.

COTTON SEED AND CORN BASE ACRES IN TEXAS

USDA INFO: Farm is enrolled in USDA Farm Program and has recently come out of the Conservation Reserve Program, there have been no crops grown on this tract since it came out. Existing FSA 156 available on website additional info available to serious inquiries.

TAXES: $448.74 (for 2022)

RESERVATIONS: Owner is fairly certain there are no mineral interests; with acceptable offer owner plans to convey all rights currently held.

ADDITIONAL COMMENTS:This is a unique offering with investment opportunity and good access with CR frontage. Farm has good soil that has possible potential to be put back in production at future date. Proximity to town opens potential doors for multiple uses.