00000 CR 2900 , Elk City, KS 67344 (Montgomery County)

Size: 119 Acres

Type: Farms and Ranches, Hunting Property

Montgomery County 119

Looking for an investment property? Secluded building site? A little more grass to help get your cattle through winter? This 119+/-acre property located in Northern Montgomery County provides all these options and more.

As an investment property, the property consists of 30+/-tillable acres that was most recently in corn, but was harvested on a 1/3-2/3 sharecrop, and averaged over 100 bushel per acre. In addition to ROI the tillable acreage also provides a needed food source for the local wildlife which includes whitetail deer, turkey, small game, as well as quail and dove.

An additional 18+/-acres were also originally tillable acres but have been converted to cool season grasses and is now being utilized for grazing. As an investment purchase or to maximize ROI these acres could once again be converted to tillable acreage, providing over a 50% increase in tillable return.

Serving as an...

Serving as an additional source of ROI or as an added bonus for the interested rancher, is the fenced 18+/-acre native grass hay meadow. The meadow has most recently been share cropped on a 1/3 to 2/3 sharecrop with the owners 1/3 being purchased by a local rancher.

The remaining balance of the property is fenced native grass pasture, that is currently part of a cattle lease agreement, which again provides an additional source of income.

For those looking for a potential build site, the original homesite is still visible and the property would once again serve as an ideal secluded building location with electricity and rural water available. Offering a private setting complete with large Sycamore shade trees as well as plenty of room for outbuildings, the property is secluded and on gravel road frontage, but only approximately 3.5 miles from paved roads.

For stock purposes as well as for recreational purposes, the property offers two water sources.

The first is the large pond that is just under 1.5 acres in size. Offering freshwater fishing opportunities, the pond has largemouth bass as well as perch/brim in it. It also will offer some waterfowl hunting opportunities as the neighboring crop land attracts waterfowl to the area and the pond serves as an ideal loafing location. The second source of water is Racket Creek which runs through the Southeast corner of the property, and offers a seasonal watering source for stock.

All water rights, mineral rights, and oil and gas rights will transfer, with the property having one Natural Gas well that is not currently in production. The majority of the perimeter fencing is considered to be in good to average condition, but there are a few select areas that could use work. The property is currently holding cattle.

To schedule a showing or with any questions, please contact Land Specialist Jake Kolb at 620-252-5881 or [Email listed above].

*119+/-Total Acres

*30+/-Tillable Acres

*18+/-Cool Season Grass/Tillable Acres

*18+/-Acres Native Grass Hay Meadow

*71+/-Acres Grazing Potential

*Large Pond

*Racket Creek

*Property currently offers approximately 3% ROI

*Approximately 11 miles to Independence, KS

*Approximately 12 miles to Neodesha, KS

*USD #283 School District

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