Lorenzo, TXCrosby County

Location:

From Lorenzo Texas, one and one-half miles East on Texas Highway 62/82 to black top county road, (watch for sign) then South on black top county road for 3 miles to North side of property.

Legal Description: North/2, Section 4, C & M, Block C-3, AB 949, Crosby County Texas, containing 320 acres more or less.

Water:

There are seven irrigation wells on the property. The wells are tied together and to the center pivot pad. There are underground electric lines from one well to two of the other wells that would enable future use of a generator and supply power to electric submersible pumps. Wells in this immediate area are pumping approximately 100-150 gallons per minute each. The average depth is around 300’. The wells will need some work, but should provide ample water for two pivot sprinkler systems and irrigated crops.

Description:

The property is currently being farmed in dry land triticale. The triticale crop will convey with the property. The farm lies well with a little slope in the SE corner down to a playa lake. There are terraces around the playa lake for water conservation. The land appears to be good, strong producing land.

USDA-FSA Government Payment Information: Base acre information pending - Yields are: Wheat 18, Cotton 454, Grain Sorghum 30, and Peanuts 2419

Minerals and Wind Energy: Seller owns and will convey all (100%) of the mineral interests to Buyer. There is oil activity near this property. Seller will also convey all wind rights to Buyer.

Price: $335,000.00 Firm

Note: The first full price offer buys this farm with all minerals and all wind rights

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