Brownfield, TX 79316 - Terry County

CR 470 Terry County 640

State: Texas Page 1 of 2

Region: South Plains

County: Terry

Property Type: Dryland, CRP and Irrigated Farm

Acres: 640 acres more or less

Price: 160 acres +/- SE4 Section 98 $1,500.00 per acre

160 acres +/- SW4 Section 115 - $1,000.00 per acre

320 acres +/- E 1/2 Section 123 - $1,000.00 per acre

Taxes: $2,304.72 estimated

Location: Southwest of Brownfield

Comments:

These 3 tracts of good farmland are located in Southwest Terry County with mostly Patricia/Amarillo loamy sands and some Tokio and Arvana sandy loam soils.

Tract 1: 160 acres +/- SE4 Section 98. - $1,500/ac. 120 acres +/- have been irrigated but the tenant has removed the center pivot system and 7 submersible pumps from the wells. The property is accessed by paved County Road 303 pavement frontage on the east boundary and CR 470 on the south boundary. Estimated annual taxes for this property are $611.89.

Tract 2: 160 acres +/- SE4 Section 98. $1,000/ac. 78.40 acres of CRP which pays $45.00 per acre through 2026 for a total annual payment of $3,528.00 and 80 acres +/- of dryland farm. The property has CR 470 on the south property line and is one mile from paved CR 402. Estimated annual taxes for this property are $ 573.40.

Tract 3: 320 acres +/- E 1/2 Section 123. $1,000/ac. 320 acres of Conservation Reserve Program land. Two contracts of CRP: 1) 200.00 Acres with payments of $32.50 per acre through 2021 for a total of $6,500.00 yearly. 2) 112.63 Acres with payments of $45.00 per acre through 2026 for a total payment of $5,068.00 annually. CR 470 provides frontage on the north and the property is 1/2 mile from paved CRP 402. Estimated annual taxes for this tract are $ 1,119.13

Good farms with close pavement access.