PROPERTY DESCRIPTION
SOLD!
Multi-Parcel CRP/Grass Land Auction
Thursday, September 16, 2021 at 6:00 CDT
Heritage Hall -206 N Main St, Stratford, TX 79084
Information Meetings at Auction Location Thursday, September 2nd at 10:00 am And 4:00 pm on Auction Day
In Person Auction Registration begins at 5:00 pm.
Online Bidding will be available if you are unable to attend this Auction.
Sherman & Dallam CRP Auction Brochure
Tract 1
There are a total of 219.2 + acres in this tract, with 210.47 acres enrolled in the Conservation Reserve Program. The balance of the acreage is native grassland. CRP contract #10090F expires in 2022. The 2021/2022 payment in the amount of $7,831.59 will convey to the Buyer. Tract 1 is accessed from US 287 on the west side of the property. All minerals owned by the Seller will convey to the Buyer. Legal Description: 219.2 acres, more or less, out of Section 57, Blk 1T T&NO Survey Dallam County, Texas
Tract 2
This tract has a total of 324.8 + acres, with 312.235 acres enrolled in the Conservation Reserve Program. CRP
contract #10090E expires in 2022. The 2021/2022 payment in the amount of $11,618.26 will convey to the Buyer. There are also 12 + acres of native grassland in this tract. There are two old irrigation wells on the property. The west well (Well #1) currently has a domestic pump and provides livestock water for Tract 3 (See Note Below). The east well (Well #2) is in unknown condition. This tract can be accessed from County Rd 2 along the east side of the tract. All minerals owned by the Seller will convey to the Buyer.
Legal Description 324.8 acres, more or less, out of Section 57, Blk 1T T&NO Survey Sherman, County, Texas
Tract 3
With frontage along US 287, this tract has a total of 81 + acres of native grassland. The water for this tract is currently provided by an old irrigation well (Well #1) located on Tract 2 (See Note Below). Electricity is located in the northeast corner of this tract. This tract is accessed along US 287. All minerals owned by the Seller will convey to the Buyer.
Legal Description: 81 acres, more or less, out of Section 57, Blk 1 T&NO Survey in Sherman and Dallam Counties, Texas.
Note: If Tract 2 and Tract 3 sell to different Buyers, a 12-month Easement & Well Use Agreement for the use of the west well on Tract 2 will be given to the Buyer of Tract #3
Tract 4
This is a 154.8 + acre tract, with 148.19 acres enrolled in the Conservation Reserve Program. The balance of 6 + acres is native grassland. CRP contract #10090E expires in 2022. The 2021/2022 payment in the amount of $5,514.15 will convey to the Buyer. This tract has an irrigation well (Well #3) that has not been used in sometime. The condition of the well is unknown. There is an electrical pole on the northwest corner of the tract with a power line running to Tract 3. This tract is accessed from US 287 in the southwest corner or from County Road 2 along the east side. All minerals owned by the Seller will convey to the Buyer. Legal Description: 154.8 acres, more or less, out of Section 82, Blk 1T T&NO Survey Sherman County, Texas
Tract 5
This is a 162.7 + acre dryland tract with 162.46 acres enrolled in Conservation Reserve Program effective 10-1-2021. This CRP contract has an annual payment of $4,951.00 and will expire 9-30-2031. The Buyer of this tract will have the option to cancel this enrollment application/contract the day after the auction. Access is obtained along the southwest property line, along US 287. THIS TRACT MAY NOT BE COMBINED WITH ANY OTHER TRACT. No minerals will convey with this property. Legal Description: 162.7 acres, more or less, out of Section 56, Blk 1T T&NO Survey Dallam Co., TX.
PROPERTY LOCATION
From the intersection of Hwy 54 and US 287 in Stratford, TX, go northwest on US 287 approximately 7.89 miles to the southwest corner of Tract 4. All auction property lies on the north side of US 287.
Latitude: 36.422509 / Longitude: -102.161067
PROPERTY INFORMATION
Total Acres: 943
Grass Acres: 109
CRP Acres: 833
CRP Payments: $37
CRP Expiration: 2022
Reservations: 50% of minerals owned by the Seller of Tr #1 - Tr #4 will convey. No minerals on Tr #5.
