Tulia, TX 79088 - Swisher County

Swisher County CRP Land* 479.68 Acres*Good Grass*

Legal Description: East/2, Survey 58, Block B-2, Swisher County Texas, containing 319.79 acres more or less, and the NW/Part of Survey 57, Block B-2, Swisher County Texas containing 159.89 acres more or less, for a total of 479.68 acres more or less, all situated in Swisher County Texas.

Description: This property is enrolled in the USDA CRP program through 9/30/2022. There are a total of 391 acres enrolled in three different contracts. The total annual payment is $14,209.00. The three contracts are: Contract #10119- 24.7 Acres *$32.83/ acre* $811.00 annual payment* Contract 10120- 2.8 Acres *$37.40/acre* $105.00 annual payment* Contract 10121- 363.5 acres *$36.57/acre* $13,293.00 annual payment* All Contracts expire 9/30/2022.

The grass is in excellent condition. Access is provided by County Road V on the north boundary. Electricity is available. The land has some slope down to a playa lake bottom with a tail water pump. There are a few older irrigation wells that should provide ample livestock water after a new pump is installed. This property would be ideally suited for grazing livestock after the CRP program expires.

Price: $395,736.00

Taxes: $1,019.43 (2015 base tax amount including all entities)

Mineral and Wind Rights: Surface only, Seller will reserve of the wind right royalties.

The 2016 CRP payment will be prorated through closing date.