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CREP Investment Property Near Larned Kansas On HWY 56

How many times have you come across a property with over a 5% return on investment annually? It's very hard to find a property with a great return after taxes are paid, and input costs are applied. The program this property is enrolled in is called the Conservation Reserve Enhancement Program or "CREP" program. While this particular property's term lasts until 2035 and pays $24,393 annually, property taxes are approximately $1,064 annually. This property previously had water rights and pivot irrigation, the water rights have been retired, and the sprinklers removed. Once the term of this CREP program expires in 2035, the landowner can then convert this back to dry land farming or sign up for re-enrollment. The perimeter is fully fenced with highway frontage and also county road frontage. The planted habitat from the program creates some of the best upland bird cover in the area. Pheasant...

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Contact Seller
Whitetail Properties Real Estate

La Crosse, KS

(785) 259-0492