Terry County Farmland with Mineral Rights

Farm/Ranch for Sale
Catylist Listing ID: 30660936
Property Subtypes: Cash Crop, Ranch, Vineyard
Gross Land Area: 320 Acres
Sale Price: $544,000
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/23/2020

Overview / Comments

Northwest Terry County half section currently in cultivation. Owners will convey 100% Mineral and Wind Rights with acceptable offer. This farm has been in cultivation for decades with care taken to minimize erosion and kept free from noxious weeds. Currently non irrigated with no improvements this land is easily accessible from Farm Road 303, County Road 325 and County Road 410. Mineral ownership has not been researched by Listing Agent and should be independently verified by any prospective buyer.

Additional Details

Nearest MSA: Lubbock
County: Terry
Submarket Type: Other
Tax ID/APN: 2-D11-071-000-000
Property Located Between: Brownfield and Plains Texas
Property Visibility: Good
Highway Access: 5 miles West of Brownfield on US 82/380 and 4 miles north of US 82/380 on Farm Road 303. West of Brownfield
Site Description: Generally flat without visible wind or water erosion.
Area Description: South Plains of West Texas
Lot Frontage: One half mile of Farm Road 303, 1 mile of CR 325, one half mile of CR 410
Topography: Level
Soil Type: Sandy
Water Service: None
Sewer Type: None
Available Utilities: Electric
Land Ownership: Fee simple estate.
Legal Description: BLK D-11 E/2 320+/- acres

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 740 740
Median Age: 38.28 38.28
Households: 256 256

Contact

Photograph of Listing Agent

Kelly Keesee

RE/MAX Lubbock Commercial Division
West Texas CIE Member
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