200.38+/- Acre CRP Tract in Hockley County

FM 303 Levelland, TX 79336, Levelland, Texas, 79336

* FOR SALE

$260,000

MLS: 42266-11051

200.38 Acres

What You Should Know

  • 200.38+/- Acres CRP Tract

  • Great Accessibility

  • 7 Miles W. of Levelland, Texas

  • Paved Frontage

  • Investment Opportunity

  • Passive Income Potential

  • 188.43 Acres Enrolled in CRP

  • Cotton and Grain Sorghum Base

Why You'll Love It

DESCRIPTION: 200.38+/- Acre Conservation Reserve Program (CRP) Tract in Hockley County, Texas with great accessibility. Located about 7 miles west of Levelland with approximately 9/10th of a mile paved frontage on Farm to Market 303, this tract is a nice opportunity for someone looking for an investment. There are smaller tracts on adjacent property that have been used for country home sites.  With an overall well-developed stand of grass and good accessibility the future uses of this property at the end of CRP contract are abundant. There is a relatively small area that is in part of a flood zone on the NE part of the land tract. 

LEGAL DESCRIPTION: HARDEMAN CSL, LGE 68, W/2 LAB 42, AB196, ACRES 133.700, HARDEMAN CSL, LGE 68, N/2 OF W/2 LAB 41, AB196, ACRES 66.680 

TOPOGRAPHY: Land is fairly flat but there is some gentle sloping to the east especially on the north 2/3’s of the property towards a low-lying area (Flood Zone A) which is primarily on neighbor’s adjacent tract. 

IMPROVEMENTS: There are no improvements other than oil field infrastructure including roads which are also used by independent operator. 

WATER FEATURES: There are currently no water features on the property except for the westerly part of a seasonal playa in the NE part of the property which happens to be designated as a Flood Zone A. 

FENCING: There is currently no fencing located on the property. 

WILDLIFE, HUNTING AND RECREATION: This area has seasons for dove, quail, pheasant, white-tail deer and mule deer. 

SOIL: Predominately Patricia and Amarillo loamy fine sands, 0 to 3 percent slopes 

USDA INFO: Farm is currently enrolled in USDA Conservation Reserve Program.  CRP Contract Dates are 10/01/2020 thru 09/30/30 with 188.43 acres under contract receiving a payment of $37/acre for an annual payment of $6972. 

TAXES: 2022 taxes $658.62 

RESERVATIONS: Owner does not have any mineral rights.  Owner would like to reserve ½ of commercial wind royalties and ½ of commercial solar royalties.  

COMMENTS: For more information or to schedule a showing of this property contact Monty Edwards at 806-786-5426. 

 

Documents (2)

Where You'll Find It

  • Street Address: FM 303 Levelland, TX 79336
  • City: Levelland
  • State: Texas
  • County: Hockley

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Monty Edwards

Broker, Auctioneer, and Realtree Land Pro
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