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Moore Co. Farm

Moore County, Texas

Property Description

LOCATION: Dumas, TX — go east on Hwy 152 to FM 1284 (approximately 5.5 miles from Hwy 87), this is the southwest corner of the property.

LEGAL DESCRIPTION: Section 240, Block 3-T, T&NO Survey, and part of Section 22, Block M-1, BC Campbell Survey, all in Moore County, Texas. New survey on file in office.

ACREAGE:
TOTAL: 893.81 +/-
CRP:
DRY FARMLAND: 735 +/-
GRASSLAND: 158 +/-

TOPOGRAPHY: Flat, open farmland and grassland.

IMPROVEMENTS: Some perimeter fencing, most in poor condition.

WATER: 3 irrigation wells that have not been used in several years, condition is unknown.

UTILITIES:
ELECTRICITY: Yes
NATURAL GAS:
PROPANE:

PERSONAL PROPERTY: None. All of the irrigation equipment (including any pumps, gearheads, or motors) belongs to the Tenant and will not be included with this sale.

TAXES: $2,784.56 paid for 2018 w/ ag exemption

SCHOOL DISTRICT: Dumas ISD

MINERALS: There is production on the property. Seller does own a percentage of the minerals and seller’s minerals are included with this sale.

POSSESSION: Property is cash leased for farming and grazing for $10,500/year. Lease renews July 31. Possession will be subject to the lease.

PRICE: $950/acre ($849,119.50)

OTHER DATA: This is a good laying farm in a very productive agricultural area. Paved frontage on two sides.

The information contained herein was obtained from reliable sources; however, it is not guaranteed and is subject to prior sale or withdrawal.

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