FM 300 & FM 303

Farm/Ranch for Sale
Sale Pending/Contingent
Catylist Listing ID: 30533454
Property Subtypes: Cash Crop, Other
Status: Pending/Contingent
Gross Land Area: 200 Acres
Sale Price: $145,000
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/18/2020

Overview / Comments

CRP tract with 183.98 acres in CRP at $33.00 acre extended through 2020. Bid in process for new CRP contract, contact our office for details. Great road frontage with FM 300 and FM303 frontage on West and South sides along with good county road on east side. Good loamy sand/sandy loam mix of soils. No minerals with property, close to productive farms. Oil wells and pipelines on property.
Possible option to re-enroll for new 10 year contract.
Good soil type for non-irrigated production with a mix of sandy loam soils.
Excellent road frontage on both FM 303 and FM 300
Developed stand of grass with good ground cover

Additional Details

Nearest MSA: Levelland
County: Hockley
Area Description: Hockley County is rich in agricultural production leading the area as one of the top cotton producing counties. A variety of soils with predominantly a mix of loamy sand and sandy loam along with a climate with good amount of heat units makes the area well suited for row crop production of taproot crops like cotton. Other crops in the area also include grain sorghum, and forage sorghums along with some corn and wheat. Also area has a substantial amount of ranching with several large improved grass and native grass ranches and many smaller cow calf and stocker operations.
Legal Description: HARDEMAN CSL, LGE 68, S/2 OF W/2 LAB 41, AB196, ACRES 66.680, HARDEMAN CSL, LGE 68, E/2 LAB 41, AB196, ACRES 133.600

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 779 779
Median Age: 41.18 41.18
Households: 312 312


Photograph of Listing Agent

Monty Edwards

M. Edwards, REALTORS West Texas CIE Member
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