FM 1198 at CR 338, Era, TX 76238 - Cooke County

K-B Farms is liquidating all of their real estate holdings in southwestern Cooke County, near the Era and Hood Communities. 14 different tracts are being sold by sealed bid, with all bids being presented to the sellers on October 11, 2017. Please see the "Bid Information" sheet attached for more information, or contact the listing agent, Jared Groce, for more information. Buyers may offer any amount, but offers below $4000 per acre might not be considered by the sellers.

This property, known as the "Milton Farm", is a productive farm with information below.

LOCATION Southwest corner of FM 1198 and CR 338

ACREAGE 210.5 per CCAD. Approx. 180 acres in cultivation.

PRICE PER ACRE $4000

TOTAL PRICE $842,000

WATER Flat Creek. Windmill well (currently unoperativce)

ELECTRIC Lines on CR 338 and on FM 1198. No meter on property.

FENCES Excellent barbed wire fence along FM 1198 and most of CR 338. No fence on south or west.

VEGETATION Native grasses on lay-out land. Bois d'arc and hackberry along Flat Creek.

MINERALS No minerals to convey. No current production on property. Old production has been plugged.

EASEMENTS Standard electric line easements.

DO NOT ENTER THE PROPERTY WITHOUT AN APPOINTMENT.