PROPERTY DESCRIPTION
SOLD
Here’s a nice big section with county road frontage on all four sides. 430 acres are enrolled in CRP through 2026 with an annual payment of $19,350 or $45 per acre. The balance of the acreage is currently being leased by a tenant for grazing at a competitive cash rental rate which helps to cash flow the farm for a new buyer. One submersible stock well is powered by electricity, and the grazing land is fenced separately from the CRP ground.
PROPERTY LOCATION
From Needmore take FM 298 west 13 miles to Stegall. Turn north and drive two miles on County Road 51 to the SW corner of the property.
Latitude: 34.034805 / Longitude: -102.947487
PROPERTY INFORMATION
Price: $653,600
Total Acres: 654
Grass Acres: 206
CRP Acres: 430
CRP Payments: $19,350
CRP Expiration: 2026
Taxes: $617
Reservations: No