176.5 Acres in Canyon, TX - $635,400

Slape 176.5 Ac FM 1705, Canyon, TX 79015

176.5 acres located off of FM 1705 & W Dowlen Rd. This parcel offers a wide variety of options for a potential buyer, including: subdivision for homesites, premier grazing land and the ability to be converted back into a dry-land farm. The land is currently enrolled in CRP and is due to come out in October of 2033. Prior to CRP, the tract was used as a premier wheat pasture field, with having high %'s of pullman clay loam - See soil report attached below. Great access is provided by paved frontage off the north side of the parcel, which gives the land an advantage regarding subdivision. Electricity is also provided on the north side of the parcel. All owned mineral estate will be retained by the seller.

Location:

Slape 176.5 is located approximately 11 miles southwest of Canyon, TX and is a short drive to Amarillo, TX. Amarillo International Airport is less than an hour and a half drove...

Slape 176.5 is located approximately 11 miles southwest of Canyon, TX and is a short drive to Amarillo, TX. Amarillo International Airport is less than an hour and a half drove from the property.

Water:

There is an old windmill well located on the southeastern part of the property and an abandoned house well along Dowlen Rd. The state of both wells are currently unknown.

History:

The land has been enrolled in CRP for the previous 30 years. Prior to, it was a dry-land farm. The new CRP contract is set to expire in October 2033. The seller is willing to pay the fee's for pulling the land from CRP if a buyer decides they do not want to continue with the contract.

Improvements:

Slape 176.5 features an old barbed wire fencing that will need repair work done prior to holding livestock.

Minerals:

All owned mineral estate will be retained by the seller. Wind and solar energy rights will convey with the sale of the property.

Landscape:

The property is mostly flat and conducive for general agricultural uses. The soils here within are listed with accompanying percentages for area of interest totaling 100%: Pullman clay loam (PuA) 93.88%, Pullman clay loam (PuB) 4.71% and McLean clay (McA) 1.41%.

Please see Soil Report for more details.

Exclusions:

There are no known exclusions at this time.

Zoning/Easements:

The property is outside of any municipality so is not zoned. There are no known easements that would affect operation of the land. It is anticipated all existing easements will be identified by surveyors.

Estimated Taxes:

*$901.98

*This is an estimated taxes for 2022. Potential buyers will be responsible for verifying the taxes with any potential exemptions.

Water Conservation District:

The property does not lie within a Groundwater Conservation District of Texas. For more information, visit the Texas Water Development Board.

Area:

Slape 176.5 is located in the southwestern quadrant of Randall County and sits west of I-27.

Access:

The property is accessible from paved county roads. FM 1705 runs along two sides of the property.