|
LOCATION: |
See map. |
|
|
|
|
|
|
|
|
LEGAL |
Section 42, Block M-4, J.H. Gibson Survey, Carson
County, Texas. |
|
|
DESCRIPTION: |
|
|
|
|
|
|
ACREAGE: |
TOTAL |
|
IRRIGATED FARMLAND |
|
DRY FARMLAND |
|
CRP |
|
|
640 +/- |
|
465.8 +/- |
|
157.2 |
|
|
|
TOPOGRAPHY: |
Generally flat, west side (CRP ground) is more
sloping. |
|
|
|
|
IMPROVEMENTS: |
Perimeter fencing |
|
|
|
|
|
|
|
|
|
|
WATER: |
One windmill |
|
|
|
|
|
|
UTILITIES: |
ELEC: |
|
NATURAL GAS: |
|
PROPANE: |
|
|
|
|
|
PERSONAL |
Seller's interest in the growing wheat crop is not
included. |
|
|
PROPERTY: |
|
|
|
|
|
|
TAXES: |
TOTAL: |
$ 1,604.80 |
|
SCHOOL DISTRICT: |
Panhandle ISD |
|
|
|
|
|
MINERALS: |
Subject to previous reservations of record.
Seller will reserve none. |
|
|
|
|
POSSESSION: |
Subject to farming lease with Ronnie Neusch.
Farmland is currently planted to wheat. |
|
|
|
OTHER DATA: |
The CRP is bid at $34.11 / acre for a total
payment of $5,362 / year through 2008. |
|
|
Tenant receives 2/3 of CRP payment. Seller's
1/3 interest in 2005 payment will be |
|
|
prorated. Seller's interest in 2006 - 2008
payments ($1787 / year) will go to Buyer. |
|
|
Wheat base is 467.8 acres with a 25 bushel yield.
Annual Direct farm payment is $5,170. |
|
|
|
|
|
|
|
|
|