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CRP Grassland: Passive Income

160 acres of raw native grass land acres located in Bailey County currently enrolled in the CRP program. Property is established with native grasses and generates an annual payment of $6,510 until 2032. This portion of Bailey County falls within the antelope/pronghorn range. Antelope are abundant in the area, and mule deer are periodically spotted, along with blue quail and dove. There is potential for this parcel to be Organic Certified, since no herbicides/pesticides have been used on the farm for a number of years. There is paved FM 298 frontage on the north property line and CR 11 on the east border. There is also a high possibility for issuance of "Landowner Pronghorn Hunting Permits" by TPWD.

**This property is for sale along with 3 other properties (2 of them income producing in the CRP program). This property can be bought separately or in entirety. See our website to view all...

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GPS: 34.003625, -103.027139

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Contact Seller
Veritas Real Estate Company

License #628220

Lubbock, TX

(806) 666-6502

Provided By

Veritas Real Estate Company, (806) 666-6502
Listing last updated: January 3, 2024 at 7:31 AM
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