Hall County, Texas
LOCATION: From Lakeview, TX – (about 10 miles west of Memphis, TX) go west on Hwy 256 for 2 miles to FM 657, then south on FM 657 for 2 miles to County Road H, then west on CR H for 1 mile to County Road 12. Subject property lays south of CR H and west of CR 12, less the acreage in the NE corner at the house.
LEGAL DESCRIPTION: The E/2 of Section No. 47, Block 2, T&P Ry. Co. Survey, Hall County, Texas, SAVE AND EXCEPT the acreage around the house. See metes and bounds description.
TOPOGRAPHY: Rolling grassland, with several tree covered areas.
IMPROVEMENTS: Partially fenced.
WATER: Brice-Leslie water system line was previously used. Current condition is unknown.
NATURAL GAS: No
PERSONAL PROPERTY: None.
TAXES: $797.33 estimated for 2019 w /ag exemption
SCHOOL DISTRICT: Memphis-Lakeview ISD
MINERALS: Subject to previous reservations of record, Seller will reserve none.
POSSESSION: Upon closing.
PRICE: $287,675 ($925/acre)
OTHER DATA: The CRP is bid at @39.84/ac/year for an annual payment of $10,498.00. Program expires 9/30/22. This is an income producing property with deer, bird and hog hunting. There is a flood control dam and series of terraces that help enhance the habitat for wildlife while helping prevent erosion.
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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