Legal Description: West/2 of NW/4, Section 48, Block A-1, Abstract 1430, Hale County Texas, containing 80 acres, more or less.
Location: From Hale Center Texas, approximately 4.5 miles north on FM 1424, then 1 mile ease on FM 1071. FM 1071 is the south boundary, CR 125 is the north boundary, and CR N is the west boundary.
Description: This 80 acre farm consists of 100% Olton loam soils with 0-1% slopes.
There are 2 irrigation wells in working condition. Total gallons of water per minute is unknown at this time. This farm is verbally rented out for farming for the 2022 crop year with a 75%-25% crop share agreement. The property will be sold subject to this verbal lease agreement for the 2022 crop year. There is currently a windshield-wiper sprinkler system on this property that is owned by the tenant. The Seller owns the well pumps.
Excellent Soils* Excellent Access* Strong Producing Land*
Minerals: Seller will reserve 1/3 of the mineral interests currently owned.