The total farm contains about 267 acres in cultivated land, 250 acres in pasture and 3 acres for house, buildings and corrals. Pasture is a combination of improved and native. Brush has begun to invade some of the previously cleared, improved pastures. Also some of the cropland is being used for seasonal grazing. The only cash crop currently grown is wheat. The farm has a wheat base of 197 acres and a grain sorghum base of 51 acres. Most of the acreage is available by paved highway; the remainder fronts on rock or gravel roads.

It has been owned and operated by the same family since 1913.

The farm provides a variety of income/recreational opportunities including crop production, cattle and hunting (deer, turkey, dove, quail, hogs).

House – About 2,000 square feet; central h/ac; two full baths; two bedrooms; large den-living area; smaller den off kitchen and a coverted garage that could be used as a 3rd bedroom. All utilities – rural water, electric co-op, telephone, satellite TV hookup, almost new septic tank. The house is in fair condition and located on a paved road. You could live there in its current condition, but anyone considering this for a primary residence would probably want to do considerable updating and remodeling.

Buildings – Outbuildings include a large metal shop with power, concrete floor, and two large sliding doors; two large implement and/or hay barns; barn attached to corral with grain/storage bins, large implement /hay storage area, and covered feed/hay trough attached to barn; and corrals, working pen, loading ramp and chute area; and a circular grain storage bin. There are also numerous other buildings, corrals, etc. located throughout the property.

School District – Olney, Texas ISD. The Megargel School closed a few years ago. Property is about 15 miles from Olney.

Taxes - Young County, School Taxes - $988.76; Archer County, Property Taxes - $579.80

Minerals – Includes executive rights and 50% royalties

Price on entire 520 Acres: $1,675/acre, $871,000