Hardesty, OK 73944 - Texas County

HARDESTY CRP & WIND QUARTER

State: Oklahoma

Region: Panhandle

County: Texas

Property Type: CRP/Farmland

Acres: 160 +/-

Taxes: $229.00 approximately

Location: East of Hardesty, OK 5 miles

This farm is located five (5) miles east of Hardesty, OK on US Route 412/OK Hwy 3 and a half-mile north on N1070 Rd to the SE corner of the property. The farm is currently in a Conservation Reserve Program contract paying $31.81 per acre on 140.8 acres for a total of $4,479.00 through 2018. Also on the property in the Northeast corner is a 20 acre caliche pit which has not been in use for several years.

A wind lease is currently in place on the property (no production) and will convey with the sale of the farm. Potential wind development could also bring a demand for the caliche on the property. Several transmission lines in the area provide opportunity for future wind lease income and caliche sale income as well to the wind companies for roads and pad sites.