SOLD This is a flat tract of CRP land outside of Muleshoe. The CRP pays $5,434 per year and expires in 2022. Besides the CRP income, the property is leased out annually for deer hunting. The deer lease brings in an additional $3,000 per year. With these two income streams there is a net return of 6.4%. The Seller will reserve 50% of the commercial wind generation royalty interest.
SOLD!! A very nice 160 acre tract that is close to the town of Hardesty. This would be a great place to keep a few head of horses or a small herd of cattle. The property is planted to an Old World Bluestem CRP mix. Drinking water should not be hard to find.
SOLD! This property is a small CRP tract in an area with a lot of grass and wildlife. There are several oilfield locations on the property. There is a new five-strand fence on the east side, but there are no improvements on this property. This property enjoys two more years of CRP payments grossing a Buyer a 5% return per year while in CRP. The current owner does not appear to have an Ag Exemption filed with Hockley County Appraisal District. A new Buyer would want to file this to lower the property tax bill.