160 Acres in Thalia, TX - $200,000

Cottonwood Ranch

General Description: This 160 +/- acre ranch is located between Crowell and Vernon, Texas near the town of Thalia. Mature fifty to sixty ft tall Cottonwood trees cover this beautiful Foard County ranch. Excellent native grasses have been established in three (3) CRP areas giving this ranch lush open fields intertwined with nice pockets of thick cover. There is an excellent internal road system throughout the property allowing access to all four corners.

Directions: From Vernon, Texas travel south on Hwy 70. Travel approximately 15.5 miles passing through Lockett, Texas to CR 293. Turn right (North) on CR 293 and travel .8 miles to CR 290. The southwest corner of the ranch is at this intersection of CR 293 and CR 290. Turn left on CR 290 and travel approximately .5 miles. The entrance gate will be on the right. The ranch is approximately 2 hours and 45 mins to 3 hours from the Dallas/Ft. W...

Terrain: Mostly flat with a nice sandy loam soil base throughout. The ranches perimeter has a four (4) foot high sandy berm covered partially in vegetation. This berm gives the ranch a nice "privacy fence" or feeling of seclusion when inside the property. In the southwest corner of the property is an old homesite from the early 1900s. The home belonged to a local school teacher that taught children in the local one room country school house. Most of the old house is gone but the homes fireplace is still standing strong.

Habitat: Extremely large cottonwood trees dominate the majority of wooded areas inside this ranch. However, there is a nice smaller mix of pecan and hackberry trees with a small amount of mesquite and cedar sprinkled around. There are large thickets of wild plum bushes and sand sagebrush also scattered around the ranch for excellent wildlife browse. The wild plum bushes produce thick bunches of plums in the late summer and fall. Native grasses include plains bluestem, little blue stem, Indian grass, sand lovegrass, and a variety of other grasses common to the area.

Wildlife/ Hunting: Quail are prevalent is this area along with Whitetail deer, Turkey, dove, feral hogs, and varmints such as coyotes and bobcats. The quail hunting should be excellent with a quality wildlife habitat and a good supply of food.

CRP: There are 100.3 acres currently in CRP 10016 plan. The program is located in three (3) separate areas around the ranch. The program must be continued by any future owner. The program is scheduled to end in 2021 and brings in a payment of $3,309 annually.

Leases: There are no hunting or cattle leases currently in place.

Fencing: The fencing is in good condition on the north side of the ranch. There is currently no existing fence line on the south and east side with only partial fencing on the western side. However, there is a large sand berm on the eastern, southern and western side of the ranch which serves as a natural fence line.

Underground Water: Underground water is very prevalent in the area. Many of the near-by houses are on water wells for home use and irrigation pivots can been seen on multiple surrounding ranches.

Electricity: Southwest Rural Electric provides electricity to the area and is located along the west side of the ranch on CR 293 and on the south side along CR 290.

Minerals: No minerals are owned.

Legal Description: 160+/- acres in Abstract 306 Block 8 Section 33 H&TC RR.

Taxes: This property is agriculturally exempt. 2018 property taxes were $748.56.

Price: $1250 per acre ($200,000)

Contact:

Jack Fauntleroy- Agent

940-550-4432 mobile

Broker & Commission Disclosure: Buyer's Agent/ Broker must be identified upon first contact with Listing Broker/ Listing Agent and Buyer's Agent/ Broker must be present at the initial property tour in order to participate in the real estate commission. Commission splits will be at the sole discretion of Hortenstine Ranch Company, LLC.