McDougal Family Home Farm

McDougal Family Home Farm | Texas
Property Types:
Acreage,
Farm,
Hunting Land for Sale,
Land for Sale,
Mineral, Water, Wind Rights Land,
Ranches for Sale,
Vacant Land

$431,750 | 157.00 ACRES | AVAILABLE

Overview

  • Price: $431,750
  • Acreage: 157.00
  • ID: 5172
  • Location: Lubbock, Texas
  • County: Lubbock
  • Status: Available
  • Water Rights: Yes
  • Wind Energy Rights: Yes
  • Mineral Rights: Yes
Property Description

We are pleased to have obtained the exclusive listing on the 157± acre McDougal Family Home Farm in Lubbock County, Texas.

LOCATION

  The McDougal Family Home Farm is located approximately 5 miles east and 4 miles north of the community of New Deal. It is bounded by almost ½ mile of paved FM 2902 frontage on the west, and ½ mile of county graded road 5200 on the south.

description

  The property has been operated as a partially irrigated farm. There are two irrigation wells in use on the farm with reported production of approximately 100 gallons per minute combined per the tenant. Approximately 60 acres are in drip irrigation, reported to be installed in 2006.   

The southern 85.19 acres of the farm are enrolled in the Conservation Reserve Program (CRP) at $24.00 per acre, expiring in September 2030.  The buyer can assume and continue with the CRP payments or opt to buy the contract out of the CRP program.  

The soils on the northern portion of the farm that are in cultivation consist of Olton and Pullman clay loam, with 0 to 1% slopes. The southern portion of the farm currently in CRP consists of a mixture of loam, clay loam and sandy loam soils. A soils report is available upon request.

Farm Service Agency Base acres and yields are as follows:

Seed Cotton base of 62.4 acres with a PLC yield of 1,235 lbs.

APH yield history is available upon request.

2025 taxes were $632.13

This property is in the High Plains Underground Water Conservation District.

Resources

 All wind energy and solar energy rights will convey to the new owner. A portion of seller’s minerals are negotiable with an acceptable offer.

Price

 This farm is listed with an asking price of $2,750 per acre.

Brokers remarks

 This farm is situated in a good location on pavement northeast of New Deal, with residential development in this area of Lubbock County.

If you are in the market for a farm in this area of the Texas South Plains, contact us.

Clint Robinson (806) 786-3730

 

 

 

The information contained herein is believed to be correct. However, Charles S. Middleton and Son does not warrant its accuracy. It is the buyer or buyer’s agent’s responsibility to verify all information. Buyer's agent must be identified on first contact & must accompany buying prospect on all showings to be allowed participation. If this condition is not met, fee participation will be at the sole discretion of Charles S. Middleton and Son.

 

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Clint Robinson

Property Summary

Activities & Amenities
  • Electricity
    Income Producing
    Irrigation
    Mineral Rights
    Water Rights
    Water Well
Hunting
  • Dove
    Quail
Farming
  • Cotton
    Hay
    Oats
    Sorghum
    Sunflowers
    Wheat
Livestock
  • Cattle
    Horses
Land Details
  • Total Acres: 157.00
  • Deeded Acres: 157
  • Topography: Various
  • Estimated Taxes: $632.13
  • Wind Energy Rights: Yes
  • Irrigated Acres: 60.00
  • CRP Acres: 85.19
  • CRP Income: $2045.00
Building Details