146 +/- Acres in Bailey Co.

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.

443 +/- Acres in Lamb Co.

SOLD! This is a very scenic property with areas of flat land and the Blackwater Draw running through the property. The grass is a good mix and there are areas of scattered trees. There are several old irrigation wells on the property and an old windmill hole. An old homesite is located on the County Road. This property is conveniently located and would be a very nice addition to your ranching enterprise.