Watson Farmland

$320,000
New Listing
Watson Farm 18
Watson Farm 6
Watson Farm 7

Property Details

ID: 100722
Status: New Listing
Price: $320,000
Acres: 159
Price Per Acre: $2,013
Type: Farms
Address: 159 Co Rd 4360
City, State: Munday, Texas
County: Knox
Zip Code: 76371
Presented By: Travis Hawkins

Description

Watson 159 farm

The Watson farm in Knox County Texas is located between the community of Rhineland and Munday TX!
This farm has been actively farmed by the same tenant for over 40 years, while producing a steady income for the current owners and tenant.

Land & Soil:
The land is mostly flat and has a slight elevation drop from the west to east on the farm.
The soil profile is predominantly Miles sandy loam but has roughly 55 acres of Rotan Clay loam on the east side of the farm.


Improvements & Water:
The farm at one time had a residence on the property and was moved to town in the 50's but there are some remnants of the old foundation, chicken house and an older shed.
The farm has three water wells on the land, One of these wells is used only for livestock water when the tenants graze cattle on the farm. (Pump in cow water well is owned by neighbor)
Two of the irrigation wells produce roughly 75-90gpm combined per the tenant.

Single phase power is available around the farm on the west, south and north side.

 

Crops:
The farm has been in a cotton, wheat, haygrazer rotation. The tenants have grown roughly 20 acres of irrigated cotton during the summer time and have occasionally planted 50-75 acres of dry-land cotton when the prices were conducive.

 

Minerals:
The sellers are offering all the surface minerals including wind, water and solar with an acceptable offer.

The sellers are not conveying any oil/gas minerals with the sale.

 

Notes:

This farm has been a productive property for many years and would be a great location for anyone looking to build a house or have a small farm in the country with all the amenities right there! Single phase power is available on three sides of the land and there is a great tenant farmer in place!
Currently the farm is leased and planted in winter wheat, the tenant has roughly 20 acres of irrigated cotton ground ready to plant this spring!
There is a small transmission line that runs through the west side of the farm going North to South.

 

For more information contact:

Travis Hawkins

325-370-3710

 

All the information that is contained herein is believed to be factually accurate and correct at the time of the writing of this listing. The buyers and their agent may verify all this information if they have any concerns or doubts. All buyers must be accompanied by their agent for all showings and in order for Buyer's Agent to participate in the full commission the agent must accompany their buyers on all showings and appointments. Selling agent may request proof of funds or pre-approval letter from lender before any showings. It is not required but recommended that any buyer/investor do their research on any land with irrigation or water wells before making any decisions based on water data.

 

Showing Instructions:

Please do not trespass on the land

Travis Hawkins
Travis Hawkins

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