Location: East side of Kress Texas on the south side of FM 145. (East and South of the old Kress Farmers Elevator leg)
Legal Description: Block M-13, Section 51, NW/Part, containing 143.45 acres more or less, Swisher County Texas.
Description: This is a nice small property currently enrolled in the USDA Conservation Reserve Program through 9/30/2022. Annual payments are $3944.00. There are 103.80 acres enrolled at a rental rate of $38.00 per acre. The grass is in good condition. Approximately 38 acres on the southwest part consist of native grasses, and playa lake bottom that also provides good grazing opportunities. Excellent access is provided by FM 145 on the north boundary and Hutson Street on the west boundary. There are two houses located on the west central portion that are not included with the property, and also the elevator leg is not included. There is a well on the property in unknown condition and has not been used in several years. All mineral interests and wind interests owned by Seller will convey to the Buyer.
The current year CRP payment will be prorated through closing date.
Seller will provide title insurance.
Price: $125,520.00 Mineral and Wind Interests: All interests owned by Seller will convey to Buyer.
Taxes: 204.10 (2018 base tax amount including all entities per SCAD)