1

Ochiltree Co. Homestead

SOLD

This is an excellent fixer upper for the small cattle enthusiast. This 20 + acre property has a small residence, two large barns, all equipment with electricity, and propane source gas. There are steel cattle pens located on the property as well as many outbuildings and storage areas. All improvements are in need of some repair.

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Hunter Getaway Hall Co TX

SOLD

These 80 acres are in a great location for any weekend hunter looking for a place to getaway. Located just a mile from Lakeview, this property has a small cabin, a seasonal creek, and large trees running through the middle of the property that provide good cover for wildlife. This property has 65 +/- acres in CRP with a yearly payment of $2,119 and expires in 2020.

1

Gaines County CRP

SOLD

This is a flat piece of CRP land that is located on a blacktop road. The CRP contract pays $54.67 per acre, per year until 2023 and there is a 10″ well that was drilled but never completed. There is a lot of irrigated farming surrounding the property and this property has the potential to be converted into farmland and possibly organic farming.

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Home Building Site Lipscomb Co TX

SOLD

This is an excellent location for rural living! Located just 5 miles South of Booker, this property has access to all weather roadways and is just 3/4 of a mile from paved roadway FM 377. The water well located on the property is believed to be in operational condition and suitable for domestic water. The size of the this property allows for many development options for housing and/or grazing cattle.

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195 +/- Ac in Lamb Co.

SOLD

This is a nice farm on the edge of the Sandhills. There are two electric wells. The west well was converted from a turbine to a 25 hp submersible in September of 2018. The east well still has a turbine powered by a 50 hp horizontal electric motor. An older model Zimmatic sprinkler is packaged at 400 gpm, and has a 1,550 gallon black fertilizer tank. The corners are planted to expired CRP grass and there is an old livestock barn on the east side of the property.

 

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Absolute Auction in Tyrone, Oklahoma

SOLD

Thursday, January 17, 2019 at 6:30 pm

 Seward Co. Event Center, 810 Stadium Rd., Liberal, KS  67901

253 + acres of land will be offered in 6 individual tracts at this Absolute Auction. This land is currently enrolled in the Conservation Reserve Program.  Tracts will range from 11.5 + acres to 109 + acres, so some of these tracts are sized right for home building sites.

Located on the northwest edge of Tyrone, Oklahoma, these parcels are approximately 10 miles from both Liberal, Kansas and Hooker, Oklahoma.  You can buy one tract, a combination of tracts, or the entire property.

There is electricity available at all of the tracts.  Access for the smaller tracts (Tracts 1-4) is provided by paved “A” Street (or Highway 53).  County Road “C” runs along the north side of Tracts 1 and 5.  Tract 6 can be accessed at the west end of Main Street.

The Buyer(s) of this property will need to contact the Texas County Farm Service Agency in Guymon, OK (580) 338-7379 regarding this CRP contract.  Buyer(s) shall become successor to any USDA FSA Conservation Reserve Program contract, the CRP contract shall be in compliance at the time of closing, and CRP payments for 2018/2019 and all subsequent payments will convey to the Buyer(s). The CRP contract expires September 30, 2021 and pays $33.30/acre annually.

Whether you want to add to your inventory of CRP land or are looking for a place to build a home in this area, you will want to take a look at this auction

Tract #1 – 11.5 + Acres

Tract #2 – 11.5 + Acres

Tract #3 – 11.5 + Acres

Tract #4 – 13.4 + Acres

Tract #5 – 96 + Acres

Tract #6 – 109 + Acres

LEGAL DESCRIPTION:  Located in Section 26, T6N, R18E, Texas County, Oklahoma

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Hartley 243 Ac Online Auction

SOLD

This 243 +/- acre tract of cultivated land and grass is located just south of the Dalhart Municipal Airport in Hartley County, Texas. It will be offered for sale in an Absolute Online Auction beginning at 8:00 am CST on Friday, January 18, 2019, and will “soft close” at 12:00 noon CST on Thursday, January 24, 2019.

There is a water well located at the old homestead on this tract, but it is not currently being used and the condition is unknown. Estimated Property Taxes with an Ag Exemption are $660.00.

Early Possession will be given to Buyer, if desired, by an Early Possession Agreement upon execution of the Purchase Agreement and receipt of Earnest Money.

There is a 5% Buyer Premium for this auction.

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Lipscomb Co. Ranch

SOLD

This 322 + ac ranch has both native and improved bluestem grasses. It has excellent access with county road on both the North and East sides. There are two water wells located on the property, and one overflow pond for abundance of livestock water. Excellent perimeter fencing on the North, East & South boundaries, and good fencing on the West. It’s located near Skunk Creek and a portion of the creek passes through the NE corner of the property.

3

Carson County CRP

SOLD

320 +/-  acre parcel of CRP enrolled farm, located only a mile from Highway 60, and less than 20 miles from the Amarillo City Limits. Seller will convey all the minerals owned, which are believed to be fifty percent. There are three years left on the current CRP and payments are paying $41.54 per acre.

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Central Texas Investment Property

SOLD

 

OVERVIEW

Tract of land between Austin and San Antonio, Texas, located within one of the nation’s fastest-growing populations – according to Forbes, “The Heart of Americas Next Great Metropolis”. Known locally as York Valley Ranch (YVR), the Property is open, gently rolling land with varied vegetation & topography, several lakes, and multiple ponds fed by York Creek and natural springs. York Creek meanders through the Property in a northwesterly to southeasterly direction forming the boundary between the San Marcos CISD (Northeast side) and Seguin ISD (Southwest side). A network of all-weather gravel roads and typical pasture roads provides interior access.

THE AREA

The Property is located an approximate 40-minute drive from Austin Bergstrom International Airport (ABIA), and no more than one hour from downtown Austin and San Antonio. Under normal driving conditions, ABIA is more accessible from York Valley Ranch than from most of the fast-growing suburbs north and west of Austin.

The Property lies between San Marcos and Seguin, two notable towns in the Central Texas Growth corridor.

  • San Marcos. Home to Texas State University, San Marcos has a well-educated workforce with an affordable cost of living. The city registered a population of ~62,000 people in 2016. According to the Cost of Living Index 2017 Annual Report, San Marcos is one of the most affordable cities, posting a composite index score of 92.3% (as compared to Austin at 97.7%, and Dallas at 102.1%, for reference). In 2016, approximately 86.4% of the workforce had a high school level of education or higher, and approximately 32.0% of the workforce had attained a bachelors degree or higher.
  • Seguin. Seguin is known as one of the strongest manufacturing clusters in the region, as it is home to more manufacturing jobs per capita than any other city in Texas. More than 30,000 called Seguin home in 2016, and the city continues to grow as new jobs are added to the region.

Notable employers in the two cities include Amazon Fulfillment, Caterpillar, Continental Automotive Systems, and a variety of educational institutions.

IMPROVEMENTS

The Property is set up for handling and managing livestock. Facilities include two sets of steel corrals with loading/unloading chutes and a covered processing area with hydraulic chute. Barbed wire fencing surrounds the perimeter and divides interior areas into pastures and traps that facilitate efficient crop, grazing and livestock management. Other Improvements include barns, grain silos, an implement and hay shed, a tool shed, a loafing shed, and a loading ramp.

INVESTMENT POTENTIAL

Prominent Location Straddling SH 130 in Thriving Central Texas Corridor

Frontage on both sides of SH 130 (Toll), a key connector between Austin and San Antonio; SH 130 bypasses heavily-congested IH 35, connecting IH 35 north of Georgetown to IH 10 near Seguin; Less than one hour from downtown Austin and San Antonio; Approximately 40 minutes from Austin-Bergstrom International Airport; Within 15 minutes of IH 35 (links Canada and Mexico), IH 10 (links the Pacific and Atlantic Oceans), San Marcos and its outlet mall & University, historic New Braunfels, and Seguin; Approximately equidistant from the IH 35/SH 123 Interchange (San Marcos) and the IH 10/SH 130 Interchange east of Seguin; Within both the San Marcos CISD and Sequin ISD.

Municipal Utility District

The Property has been prepared to take advantage of coming growth by establishment of the York Valley Municipal Utility District (York Valley MUD) – so a future investor can convert the Property’s current agricultural use to another use if desired.
York Valley MUD was created in 2007 by the Texas Legislature (Senate Bill No 1982). York Valley MUD has authority to: 1) impose taxes and issue tax-exempt bonds to pay for water, wastewater and drainage improvements, 2) utilize the power of eminent domain, 3) impose taxes and issue tax-exempt bonds to pay for roads, and 4) divide itself into two or more new districts. All of the Property lies within the boundaries of York Valley MUD.

Minimal Restrictions

The Property is not located within any city limits or Extra Territorial Jurisdictions (ETJs) and is not subject to deed restrictions. It can be used for any legal purpose within Guadalupe County, subject to applicable Guadalupe County rules and regulations. A future developer may realize significant savings developing this Property as compared to other development projects that are located within city limits, ETJs, or otherwise subject to deed restrictions.

Ag-Exempt Property with Current Tax Benefits

The Property’s current agricultural lease qualifies it for an agricultural-use exemption, which sets its value for property tax purposes at a fraction of the actual market value. The agricultural-use exemption in 2017 resulted in a ~92% reduction in annual property taxes. An investor can capitalize on current revenue from the lease and reduced agricultural use-based property taxes, while also receiving the upside potential of future redevelopment in this prime location.

LEGAL DESCRIPTION

1,364.084-Acre Tract of Land (more or less) located in Guadalupe County, Texas, described in Guadalupe County Appraisal District (“GCAD”) records as: (1) West Tract (777.229 Acres) [GCAD ID’s 61427, 61428, 133856, 132359, 137097, 133870, 61426, 60364, 137947] and (2) East Tract ( 586.855 Acres) [GCAD ID’s 137098, 133855, 71753, 137096, 137094, 137093, 137083, 60377]