SOLD! These are clean flat farms with a strong CRP payment. The north tract shares a five wire fence on the south property line. The south tract shares a fence on the north and east sides. Mule Deer and Antelope are in the area. The Seller will entertain selling each tract separately or combined. The current CRP contracts are set to expire September 30, 2022.
This half section of CRP is in the program until 2023. There are several old irrigation wells and an old homestead on the property. The property is one mile off of the highway. There are mule deer and antelope in the area. The owner will reserve half of the wind generation royalty interest.
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.