Hwy 71 , Midfield, TX 77469(Matagorda County)

136.98 Acres in Midfield, TX - $253,413

OWNER INSTRUCTS BROKER TO SELL! Combination 70 acres Grass Farm and approximately 65 acres Row Crop. Improvements include irrigation equipment, 6" irrigation well ,reservoir tank w/relift. Pump & motor included with sale. Grass Farm is currently under lease with a well known turf grass operator for $700 per month until March of 2014. Rice, cotton,and corn base with a direct payment of $6539.00 per year giving this property approximately $15,000 annual income not counting counter cylical payments and hunting income. Owner reports that total payment has averaged $10,000 to $10,500 with counter cylical payments. Some minerals are available. This is a farm that will actually make its payments. Owner motivated. Call John for your showing.