60 Acres in Cordell, OK - $120,000
Elm Flat Land
Very nice 60 +/- acres south of Cordell in Washita County, OK, by the Elm Flat Cemetery, with a wind income stream!The land has a gentle slope from south to north, creating nice views across the creek and surrounding countryside. It has paved roads on both its west and south sides where electricity poles run, and a gravel road on its north side.
The land has approximately 45 acres enrolled in the CRP program until Sept 2021 when it expires. There are tall grasses and re-emerging mesquite trees. The east creek bottom has tall elm trees and two water tanks. Because of how this draw runs and how the land parcels in this section are divided, both this tract and the east neighbor have access to these tanks. The land doesnt have any fences and you will not be able to fence the exact east boundary because of the ponds. Right now, the neighbor has a hot wire around the creek bottom to run cattl...
The land has approximately 45 acres enrolled in the CRP program until Sept 2021 when it expires. There are tall grasses and re-emerging mesquite trees. The east creek bottom has tall elm trees and two water tanks. Because of how this draw runs and how the land parcels in this section are divided, both this tract and the east neighbor have access to these tanks. The land doesnt have any fences and you will not be able to fence the exact east boundary because of the ponds. Right now, the neighbor has a hot wire around the creek bottom to run cattle in it.
The property is under a pooled wind lease until 2055. It does not have any turbines on it, but receives around $1,200 per year in royalty payments. This contract will transfer to the new owner with the surface estate at closing.
This land could be a nice place to build a home. Cordell is just nine miles up the road and is the county seat of Washita County. It has good schools, local shopping, restaurants and new development along the highways that intersect it.
LIST PRICE: $2,000/acre | $120,000 total (surface estate only to convey; there are no active oil or gas wells on the land)
For more information about this land, contact agent Benjamin Belew at cell phone (940) 357-9940,
