Legal Description: SE/4, Section 34, Block O-2, D&SE, Hale County Texas, save and except the NW/4.5 acres, containing a total of 155.5 acres, more or less.
Location: Just south of Olton Texas, on the east side of FM 168. County Road 132 is the south boundary.
Description: This irrigated farm is just south of the city of Olton and joins land owned by the city. There is a nearly new 5 wire, barbed wire fence on the north boundary. The west boundary is FM 168, and the south boundary is County Road 132. There is also a County Road on the east boundary, so access is really good. There are 3 irrigation wells equipped with electric, submergible pumps. The North pump is a high capacity 10 horsepower. Average depth of these wells is approximately 310-320’.The wells are producing approximately 150-175 gallons of water per minute combined. A 1998 Valley pivot system applies water to the farm. This farm is very clean, mostly level, and highly productive land.
There is an outstanding tenant that has been farming this land for several years and would continue to farm it for an investor with a rental agreement. This farm has exceptional bases/yields and historical yields.
Give Johnny Street a call at 806-847-7400 for more information.
Mineral and Wind Rights: Seller reserves ½ of the mineral interests currently owned, and ½ of the wind rights.
Taxes: $817.76 (2020 base tax amount including all entities)
Olton School District