This 120 acre farm is located just a few miles north of Crowell, in Foard County, Texas, with a full half mile of frontage on County Road 413. The property has some 92 +/- acres of dryland cultivation, which the farming tenant is using to grow winter wheat. He currently pays $1500 annually on a cash rent to grow crops on the land.
The rest of the property is in native pasture. The fences are all in good shape, especially the east fence along the road which has a brand new five-line barbed fence in place. The farm land is terraced with a gentle slope to the northeast corner; many of these terraces have been recently reworked by the owner to prevent soil erosion.
Three water tanks are on the property, but none of them hold water consistently, due to seepage. All three are situated off of long drainages, though, where they catch a lot of rain water. They need to be reworked with a dozer t...
Three water tanks are on the property, but none of them hold water consistently, due to seepage. All three are situated off of long drainages, though, where they catch a lot of rain water. They need to be reworked with a dozer to hold better. There is access to a Red River community water line and public electricity on the east side of the property along the road. An old windmill powered water well is located in the northeast corner; it does not currently work and the owner has never had it tested for depth or strength. (Most water in this area is within 60-80 deep.)
While this property is primarily an agricultural use property, for either farming or cattle grazing, the 20 acre block of native pasture on the south side could be used for hunting. The brush down there is very thick in mature mesquites, plus there are hackberry trees, elm, cedar, and cottonwood. Evidence of wild hogs and whitetail deer is easy to find in this pasture through rubs and footprints.
One of the great things about this property is that, according to the owner, 100% of the mineral rights are in tact and will convey. While this is not in a hot spot for drilling (closest production is approximately six miles to the west), it is rare to find land with this kind of control. Also, since all the leasing rights are in tact, a person could pursue mineral leases and retain all the bonus money.
Asking Price: $825/acre (surface estate only; reduced from $995/acre)
Call land agent Ben Belew at cell phone (940) 357-9940 to set up a time to view this property in person.
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