FM303, Levelland, TX 79336 - Hockley County

DESCRIPTION: 200.38+/- Acre Conservation Reserve Program (CRP) Tract in Hockley County, Texas with great accessibility. Located about 7 miles west of Levelland with approximately 9/10th of a mile paved frontage on Farm to Market 303, this tract is a nice opportunity for someone looking for an investment. There are smaller tracts on adjacent property that have been used for country home sites. With an overall well-developed stand of grass and good accessibility the future uses of this property at the end of CRP contract are abundant. There is a relatively small area that is in part of a flood zone on the NE part of the land tract.

LEGAL DESCRIPTION: HARDEMAN CSL, LGE 68, W/2 LAB 42, AB196, ACRES 133.700, HARDEMAN CSL, LGE 68, N/2 OF W/2 LAB 41, AB196, ACRES 66.680

TOPOGRAPHY: Land is fairly flat but there is some gentle sloping to the east especially on the north 2/3s of the property towards a low-lying area (Flood Zone A) which is primarily on neighbors adjacent tract.

IMPROVEMENTS: There are no improvements other than oil field infrastructure including roads which are also used by independent operator.

WATER FEATURES:There are currently no water features on the property except for the westerly part of a seasonal playa in the NE part of the property which happens to be designated as a Flood Zone A.

FENCING: There is currently no fencing located on the property.

WILDLIFE, HUNTING AND RECREATION: This area has seasons for dove, quail, pheasant, white-tail deer and mule deer.

SOIL: Predominately Patricia and Amarillo loamy fine sands, 0 to 3 percent slopes

USDA INFO: Farm is currently enrolled in USDA Conservation Reserve Program. CRP Contract Dates are 10/01/2020 thru 09/30/30 with 188.43 acres under contract receiving a payment of $37/acre for an annual payment of $6972.

TAXES: 2022 taxes $658.62

RESERVATIONS: Owner does not have any mineral rights. Owner would like to reserve of commercial wind royalties and of commercial solar royalties.