Midfield, TX 77458(Matagorda County)

136.98 Acres in Midfield, TX - $253,413

NEW LISTING and PRICED TO SELL! 136.98 acres with approximately 1/2 of the property being utilized as a Turf Grass Farm with remaining acreage farmed in row crop. Improvements include 6" well,irrigation equipment and pond.The grass farm is currently leased to a well known Turf Grass Operator for $700 per month through March 2014. This farm has 37.8 acres of rice base, 75.2 acres of cotton and 13.1 acres of corn base with a direct payment in 2007 of $6539.00.Owner has reported that total payments have averaged $10,000.00 in the past with the counter cylical payments. Additional income can be obtained from water fowl hunting. This property has good access from Hwy 71 on the West side and CR 450 as the South boundary.