1,100 Acres in Canyon, TX - $2,640,000

Barrett Farm 1,100 Acres Canyon, TX 79015

Barrett farm is an expansive 1,100-acre farm, located just south of Canyon, TX. Offering 2.9 miles of road frontage along FM 1705, W Hungate Rd & S Soncy Rd, making it highly accessible with great visibility. The property features 600 acres of dryland ground (currently planted to wheat) and 500 acres of CRP grassland, perfect for ag & livestock use. Improvements include two windmills and perimeter fencing, making it an ideal setup for wheat pasture calves.

With no zoning or restrictions, the farm offers an ideal blend of farming, ranching, and investment potential. Estimated annual taxes with exemptions are $1,396.45. Half of all the owned the mineral estate will be reserved, but is negotiable with the sales price. All wind and solar estate will convey with the sale. All non-realty items will be excluded.

CRP Information: 239.2 acres of grass are currently enrolled in a Conservation R...

CRP Information: 239.2 acres of grass are currently enrolled in a Conservation Reserve Grassland Program and brings $20 an acre annually ($4,784.00). This program requires that 1/3 of the grass, must rest for 90 days, during the grow season, once every 3 years. With that, you can either rest all 239.2 acres of the grass once every 3 years, or you can rest 1/3 of it every year. The 15 year contract was signed up in 2021 and is currently set to expire in 2036. With an acceptable offer, the sellers are willing to pull the CRP out at closing. (To be negotiated with the sales price)

Property Info and Links

Water:

The farm currently has 2 windmills located on it. One is in the north west portion of the property and the other is centrally located. The flow rate on the windmills are not known that this time. Buyer will be responsible for their own due diligence.

Use:

The property is ideally set up for wheat pasture calves or a smaller cow/calf operation. 600 acres are currently planted to winter wheat.

Improvements:

Current improvements include perimeter fencing and 2 windmills.

Minerals:

50% of owned mineral estate will be retained by the seller. Minerals are open to negotiation with the sales price. All wind and solar estate will convey with the sale.

Landscape:

PuA, Pullman clay loam, 0 to 1 percent slopes, 435.02, 39.67% - 46, 3s

OcB, Olton clay loam, 1 to 3 percent slopes, 381.47, 34.79% - 46, 2e

AcB, Acuff loam, 1 to 3 percent slopes, 110.39, 10.07% - 52, 3e

EcB, Estacado clay loam, 1 to 3 percent slopes, 108.09, 9.86% - 49, 2e

PcB, Pep clay loam, 1 to 3 percent slopes, 24.26, 2.21% - 47, 4e

AfB, Amarillo fine sandy loam, 1 to 3 percent slopes, 13.85, 1.26% - 46, 3e

Barrett Farm 1,100 Acres Canyon, TX 79015 - Soil Report

Exclusions:

Any and all personal property will be excluded with the sale. Mineral estate will be negotiated with the sales price.

Zoning/Easements:

The property is outside of any municipality therefore it is not zoned. All existing easements will be identified by surveyors & title company. Electric easements are already known.

Estimated Taxes:

Taxes with exemptions: $1,396.45

*This is an estimated tax for 2024. Potential buyers will be responsible for verifying the taxes with or without exemptions.*

Area:

Barrett farm sits in southern central portion of Randall county.

Access:

This farm boasts a total of 2.9 miles of road frontage: FM 1705 (Paved), W Hungate Rd (Dirt) & S Soncy Rd (Caliche).