Atkins South Spread

Farm/Ranch for Sale
Catylist Listing ID: 30621895
Property Subtypes: Cash Crop, Horse, Livestock
Gross Land Area: 527.63 Acres
Sale Price: $435,295
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/18/2020

Overview / Comments

Good versatile Grass/CRP option located on FM 298 Frontage in Southwestern Lamb and Southeastern Bailey Counties. This tract sits straddle the Lamb/Bailey County Line. Offering several options including great grazing for cattle or other livestock, excellent potential for both deer and bird hunting, and land could be great potential site for home with great accessibility and located only 5.5 miles from Sudan, Texas. With wonderful highway frontage along the full south 1.5 mile boundary, this property could be divided out and sold in smaller tracts.

CONSERVATION RESERVE PROGRAM DETAILS:
The entire tract is currently in CRP through September of 2020. The Lamb County tract was bid back in for a new 10 year contract that will be in effect starting in October of 2020. The Bailey County portion of the acres will go out of Conservation Reserve Program at the end of the current term. It could possibly be eligible to be bid back in in 2021 depending on Conservation Program acreage availability in that county.

POSSIBLE LAND USE:
Ranching, Farming, Conservation Reserve, Hunting, Possible Homesite for Development

LAY OF LAND:
Level to Gently Sloping with several playas.
Farm boast diverse terrain for the area with some seasonal wetland areas that could provide some great hunting water fowl opportunities in wet seasons, along with trees and old house site that includes one useable barn.

SOIL TYPES:
Sandy Loams, Loams, and Randal Clay in Lake Bottoms (Soil Map Available on Request)

IMPROVEMENTS:
House site was equipped with house well that has not been operated in a few years, but could possibly still be used for future house/domestic use. East tract is also equipped with pipe livestock pens with loading chute and processing alley.

WILDLIFE:
Mule Deer, Quail, Dove, Sandhill Crane, Pheasant and Occasional White Tail Deer, Possible Waterfowl with Wetlands
Area has good mule deer population and Lamb County also has a white tail deer season.

RESERVATIONS: Land is situated in Blue Cloud Wind Project and has two existing turbines on the property. Property sells subject to various energy reservations included but not limited to wind. Seller will convey 1/2 of existing minerals, no mineral interest research has been done.

Good mix of grass varieties
1.5 Miles of Highway Frontage
Trees and Lake Bottoms for Excellent Wildlife Habitat
Lamb County Acres have been bid back into CRP for new 10 year contract.
A few existing improvements including Barn, Shed and Cattle Pens
Possible use of old existing well subject to due diligence
Property sells subject to various energy reservations included but not limited to wind
Seller will convey 1/2 of existing minerals, no mineral interest research has been done

Attachments & Media

Additional Details

Nearest MSA: Lubbock
County: Lamb
Submarket Type: Suburban
Highway Access: From Sudan of US 84 take FM 303 southwest until it curves west at School and then proceed to edge of town where it becomes FM 298 west, stay on FM 298 for 5.5 miles. Property will begin just past large brick house on north side of road on the hill.
Legal Description: Bailey County: A362 Deaf Smith CSL, League 209, Labor 18 Ac. 177.1 A362 Deaf Smith CSL, League 209, Labor WPT 19 Ac 89.0 0700 Deaf Smith CSL, League 209, E/PT Labor 19, Ac 90.0 A0700 Deaf Smith CSL League 209, Labor 20 (Less tract out of SE/COR), Ac 171.53

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Contact

Photograph of Listing Agent

Monty Edwards

M. Edwards, REALTORS West Texas CIE Member
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