445 Acres in Lakeview, TX - $264,775
County Road 15 - Dryland Farm
Lying fallow for the past three years, this 445 acres, more or less, is located between County Road 15 and County Road 14 about 18 miles southwest of Memphis, in Hall County. The property has approximately 442.51 acres in dryland cultivation, and the remainder in native grass and brush, all just of a mile north of the Prairie Dog Town Fork of the Red River. The cultivated land has been lying fallow, but wheat may be sown in the fall. Wildlife includes deer, turkey, dove, quail, wild hogs, and varmints.
LEGAL DESCRIPTION: 445 acres, more or less, in Sections 63 and 64, Block 1, S&P Ry. Co. Survey, Hall County, Texas.
MINERALS: Seller will convey any minerals and royalties owned.
WIND & Water: All wind and water rights will convey to buyer.
IMPROVEMENTS: There is a dilapidated old barn in northeast corner.
FENCES: Excellent fence on southernmost boundary. No other fences.
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FSA BASE ACREAGE: 347.20 acres of Seed Cotton Base Acres with PLC Yield of 754.
WATER: No water wells.
IRRIGATION POTENTIAL: Unknown.
POSSESSION: Lying fallow, as of August 3, 2019, but possession is subject to harvest of any growing crop. 1/3 owner/landlord & 2/3 tenant crop share on wheat and grain sorghum crops. owner and tenant crop share on cotton
HUNTING LEASE: None in place.
UTILITIES: There is an electric line running along the eastern boundary as well as on the west side of west boundary along County Road 14.
PERSONAL PROPERTY: None.
Buyer's Broker/Agent must be identified upon first contact with Listing Brokerage Firm and must accompany buying prospect on first showing to be allowed brokerage fee participation. Otherwise the fee participation will be at the sole discretion of Listing Broker. Buyer Agents representing serious qualified buyers can contact Listing Broker/Agent for more information, or to set up an appointment.
NO TRESPASSING. PLEASE DO NOT ACCESS PROPERTY WITHOUT WRITTEN PERMISSION FROM LISTING BROKER/AGENT.
As with any Exclusive Listing Agreement, owners are not to negotiate with any prospective buyers, but to refer all prospective buyers to the Listing Broker, so please ask your buyer prospects to not contact any of the owners directly. Please direct all questions to Listing Broker/Agent. This property is not for Rent, not for Lease and Owner Financing is not available.
Directions
Memphis is located between Amarillo and Wichita Falls. From US Hwy 287 in Memphis, go west on Hwy 256 for approximately 1.5 miles, then south on FM 1041 for approximately 15 miles, then south on County Road 15 for about a mile. Property lies to the southwest of the curve back to the east. County Road 14 borders the western boundary_
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