Iowa Road, Levelland, TX 79336 - Hockley County

Super affordable grass tract with great hunting and passive income!: 96.44 acres, ideal for hunting enthusiasts, conservationists, and ranchers. This property is currently enrolled in the CRP program, offering you an opportunity to earn passive income while Texas land assets continue to appreciate. The property has an excellent stand of native grasses, and a wildlife playa which attracts an array of waterfowl, ground-nesting birds, Mule Deer, and more!

LOCATION AND ACCESS:

The parcel is located in Hockley County of the Texas High Plains. The parcel is lays .25 miles off Iowa County Road, accessible by a turn row on the east side of the property. The parcel is 1.3 miles to paved US-385.

Levelland, TX (pop: 12,530) is a 9 minute drive to the south.

Lubbock, TX (pop: 263,930) is a 32 mile drive east of the property, which houses an international airport.

Overall Property Description

The land is comprises of 96.44 acres, which is mostly level with minimal contour. The elevation ranges from the highest point of 3465ft to 3460 ft at the lowest. A majority of the soils consist of Acuff and Portales Sandy Loam, a well draining soil. The detailed soil report can be downloaded below. The land has minimal wetlands, with 9 acres serving as bottom lands/playas. The land is open with very to few view obstructions. The land has a mix of established native grasses and prairie flowers such as side oats grama, bluestems, with a few elm trees dotting the landscape.

Wildlife & Hunting

It can often be hard to find an affordable tract that offers the potential to hunt for both Mule Deer, and water fowl. This property has both, among other game: Mule Deer, Dove, Blue (Scaled) Quail and Bobwhite Quail, Waterfowl such as teal, mallards, wigeon, pintails, and gadwall, and Sandhill Crane.

Conservation and CRP

Of the 96.44 acres offered, 85.9 acres are actively enrolled in the CRP program, for an annual income of $3,178 per year.

CRP contract details:

Acres for enrollment: 85.9 acres

Rental Rate Per Acre: $37

Annual Payment: $3,178

Expires: 9-30-203o

Contract Details: General

Minerals, Energy, Water Rights

Minerals:

Surface Estate Only. Seller will retain any of the owned mineral rights.

Wind:

Surface Estate Only. Seller will retain any of the owned wind rights.

Water Rights/ Wells:

The owner owns 100% of the water rights which will transfer to the new owner. There are currently no wells on the properties. The property is located in the High Plains Underground Water District.

Utilities

The closest electric line is located on Iowa Rd, 0.25 miles to the north. A 115 KV transmission line is located on the eastern property line.

Miscellaneous

Parcel ID #: 13908

County: Hockley

Estimated Annual Taxes: $163.35

Ag Exemption: Yes

Legal Description: SCL, LGE 715, LAB 25, AB217, ACRES 96.44

School District: WHITHARRAL ISD

Survey: N/A

Zoning: Agricultural

Zip Code: 79336

Broker Remarks & Pricing

At this affordable price, this is a great opportunity to break into land ownership or expand your ownings for excellent hunting, passive income, and even grazing for a very reasonable price.

Both parcels are offered at just under $1,503/acre, or $144,950

We thank you for you time and for review of these two parcels. If we can answer any questions, you may call or text: 806-853-7355