748 Acres in Bay City, TX - $199,500

748 Acre Rice Farm, with one mile of frontage on State Highway 60, located 3 miles south of Bay City, Texas. Irrigation is with LCRA. This is one of the premier farms in Matagorda County, with outstanding infrastructure of roads, drainage, fencing and access. USDA/FSA Direct Government payment is $51,585.00. Farm income is supplemented by a 30 acre duck pond that is leased for $6000.00 per year. Owner/Farmer is known as one of the best farmers in the gulf coast and would like to lease back the farm. The farm is also used for winter grazing. 2008 taxes were $854.00.