Location: The Smith Farm is located in the northwest-quadrant of Lamb County, being approximately 5 miles northwest of Sudan, Texas. Access is good, being by graded County Road 158 which borders the south side of the farm.
Legal Description: All of Labor 7, League 222, Collingsworth County School Land, Abstract 1300, Lamb County, Texas, containing 179.7 acres, more or less.
Government Program: This property has 94 acres enrolled in the Conservation Reserve Program. The CRP is paying an annual payment of $3,290, or $40 per acre, expiring in September of 2020. The remainder of the farm is currently enrolled in the Direct and Countercyclical Payment program (DCP). The annual Direct Payment is $1,630.
2011 Property Taxes: $905.78
Price: $575 per acre, with one-half (1/2) of the minerals owned and 50% of the wind rights being conveyed to the buyer.
Remarks: The entire...
Remarks: The entire Smith Farm is currently in a good stand of mixed grasses. This is an income producing property, with the added benefit of recreation. Large Mule Deer are frequently seen on this farm and in the immediate area. The landowners have recently drilled a water well on the property. This well is not equipped, but is capable of producing sufficient livestock water. For additional information, please contact Rusty Lawson.
Directions
To access the property from the intersection of US Hwy 84 and FM 303 (Sudan), travel approximately 4 miles north on FM 303. Turn west on graded CR 158 and go 1 mile to the southeast corner of the property.
Provided By
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