Legal Description: Section 32, Block S-2, El & RR, 721, 334.02 +/- acres, and Section 8, Block K-3, HE and WT, 1216, 88.3+/- acres, and 13+/- acres out of Section 8, Block K-3, 1122, HE and WT, for a total of 435.32 acres, more or less, Castro County Texas. Location: Approximately 6.5 miles southeast of Hart Texas, on the north side of FM 194.
(north of a small grain elevator, with caliche access road just east of small elevator) Description: This nice irrigated farm has two irrigation wells equipped with two 50 horsepower electric submergible pumps. They are producing a total of approximately 900 total gallons of water per minute. There are two Valley sprinkler systems available. The north pivot is an eleven tower, 2000 year model, and is nozzled for 600 gallons per minute, with tall tires. The south pivot is also a 2000 year model, 8 tower, and is nozzled for 300 gallons per minute, with tall tires. Soil types consist of 71.6% Pullman or Estacado clay loam, with 0-1% slopes. This is a highly productive farm with good water and vey nice sprinklers. The pivots and well pumps are in good condition.
The farm is verbally rented to an outstanding tenant for the 2021 crop year. The Buyer will receive the landlord’s share of the 2021 crop. This sale will be sold subject to the lease in place for 2021. More details will become available on the specifics of the lease.
Minerals and Wind Rights: Seller reserves ½ of the mineral interests currently owned, and ½ of the wind rights.
Special Note: On this transaction, Street is representing the Seller. Any Buyers agents will need to negotiate all commission fees with Buyer and receive compensation from your Buyer. *The same Seller has listed 4 other farms in this area and will be considering offers on multiple farms and or individual farms. This farm is tract 1 of 5. View all tracts on my website at www.street.land or www.landsoftexas.com.
Tracts 1-4 could be purchased together or in different combinations of Tracts 1-4. Tract 5 consist of 835+/- acres “Home Place “and will be sold separately. Buyers may bid on individual farms, or any combination of tracts 1-4. Seller reserves the right to refuse all offers and free to contract with any Buyer whether their bid is the highest or not. No one is bound until a written contract is signed.