Ingle Home

Farm/Ranch for Sale
Catylist Listing ID: 30555219
Property Subtypes: Cash Crop
Gross Land Area: 172.10 Acres
Sale Price: $159,153
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 6/15/2020

Overview / Comments

Relatively flat farm with 135.95 acres in CRP through September 2020. 32.38 tract of land non in CRP available for grazing or farming. Other productive non-irrigated farms in area are consistent producers of non-irrigated cotton. Good area for Mule Deer along with potential for occasional White-tail bucks and does along with, quail and dove. Old homesite area is excluded from sale, but old stock water well will be included. Owner will consider conveying wind royalty rights depending on offer amount and terms. Owner will consider owner financing as well.

Farm is primarily Amarillo loamy fine sand and Amarillo fine sandy loam
CRP Contract Payment of $33.57/acre on $135.95 acres through September 30, 2020
Owner will consider conveying full wind royalty rights depending on offer
Possible Owner Finance Option
Less than 4 miles from Sudan, TX with 1/2 to pavement

Additional Details

Nearest MSA: Lubbock
County: Lamb
Tax ID/APN: 10524
Property Visibility: Good
Highway Access: From Sudan take FM 298 West for 2 miles then stay on FM 298 as it curves south for 1 mile then west on CR 208 for 1/2 mile, you will be at the SE corner of the farm.
Legal Description: A1100 CROCKETT CSL, LEAGUE 216, LABOR 7, ACRES 177.1 SAVE & ACCEPT ACRES 5.0

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Demographic Statistics

Proximity: 5 miles
Total Population: 1,033
Median Age: 38.25
Households: 388

Contact

Photograph of Listing Agent

Monty Edwards

M. Edwards, REALTORS West Texas CIE Member
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