79.52 Acres Lot
79.52 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Knox
MLS Listing ID 21033960
HOA Y/N None
Lot Size 79.520 Acres
Acres 79.52
Property Sub-Type Unimproved Land
Property Description
Soils and crop history:
The farm soil profile consists of mainly Miles sandy loam and has been maintained very well by the current tenants and the owner.
The farm has predominantly grown wheat and been used for grain production, grazing or Hay depending on the year. There is roughly 14 acres of established coastal on the farm that could be put to use right away for horses or livestock.
Water & Utilities:
The farm has one water well that is located in the south central portion of the farm that is generally used for livestock water. The farm has one smaller pond that can catch good water during heavy rainfall events!
There is a coop city water line that runs down on the farm that could be used for watering livestock or for a residence.
Three phase power is available along the county Road!
Lease:
The land is currently leased for farming by a local resident who pays $28 per acre annually for the farm lease.
Notes:
Per the 2 West TX Mesonet data stations in Knox County TX receives an average rainfall of 23.53 inches per year.
This farm would make a great addition to anyone who is looking to add to their current farming operation or investment portfolio.
The farm has one producing oil well and injection well on the property.
The dove hunting on this property can be really good and this land is on the main flyway for waterfowl hunting in the fall and winter!!
Minerals:
The Wind, Water and Solar rights to convey to buyer.
The seller owns none of the Oil & gas minerals.
Location
State TX
County Knox
Zoning NA
Direction Property is located south of knox city, Take ave F south and turn east on county Road 4430.. Go approximately .75 miles and property is on the north side of the county rd.
Exterior
Fence None
Utilities Available Co-op Electric, Co-op Water
Garage No
Building
Lot Description Acreage
Schools
Elementary Schools Knox City
Middle Schools Knox City
High Schools Knox City
School District Knox City Obrien
Others
Restrictions No Known Restriction(s)
Ownership GOLLAPUDI
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21033960
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