Easy access and passive income: 160 acres of CRP ground in Parmer County, five miles northwest of Bovina, with frontage on two county roads.
The land is mostly flat and covered in native grasses, with less than 10% tree cover - open ground in every direction. It is currently enrolled in the Conservation Reserve Program. There is no surface water on the property - no stock tanks, creeks, or draws - and no perimeter fencing.
The tract fronts County Road L and County Road 5, both caliche county roads. Bovina is approximately five miles away, Muleshoe is 26.5 miles, and Lubbock is about 90 miles. Electricity is on site. There is no water well; a buyer who wants water on the property would need to drill one. The tract lies within the High Plains Underground Water Conservation District No. 1.
Offered at $179,900 - about $1,124 per acre - this is a straightforward, low-maintenance tract for a buyer looking to hold land in the Texas Panhandle. A buyer planning to run cattle should note that fencing and water would need to be added.
To walk the property or for any questions, please call Peter Griffith with TX Real Estate Group.
Showing Instructions:
Call Peter Griffith with TX Real Estate Group at 806-781-2167.
Ask Peter a Question
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