CRP in Bailey County

PROPERTY DESCRIPTION

This farm boasts a brand new 15 year CRP SAFE Contract. 333.71 +/- acres are enrolled in the contract with an annual rental rate of $12,798.00 or $38.35 per acre. The first payment of the new contract will be 9-30-2026. The final two payments of the expiring contract will be $16,174.00 each or $48.47 per acre. One-half mile of black top frontage in addition to one-half mile of dirt road provide public access. Both single and three phase electricity are present. A monitoring well for the High Plains Underground Water District sits one-half mile north of the property and shows a 2024 saturated thickness level of 53.8′.

PROPERTY LOCATION

From Maple, TX, drive north one mile to FM 54. Drive west 5.5 miles to CR 26. Turn south and drive one-half mile to the NE corner of the property.

Latitude: 33.860918 / Longitude: -103.010581

PROPERTY INFORMATION

Price: $443,750
Total Acres: 355
Grass Acres: 21
CRP Acres: 334
CRP Payments: $16,174
CRP Expiration: 2025-40
Taxes: $377
Reservations:

PROPERTY MAPS

Listing agent