ACREAGE: TOTAL 560 +/- CRP 317 DRY FARMLAND 150 +/- GRASSLAND 93 +/-
TOPOGRAPHY: Rolling with several lake areas.
WATER: Solar electric submersible and surface water.
UTILITIES: ELEC: Yes NATURAL GAS: No PROPANE: No
PERSONAL PROPERTY: None.
TAXES: TOTAL: $1,250.00 paid for 2015 w/ag exemption SCHOOL DISTRICT: Memphis ISD
MINERALS: Subject to previous reservations, Seller will reserve none.
POSSESSION: Subject to harvest of growing cotton crop. 1/4 owner & 3/4 tenant crop share lease.
OTHER DATA: Great recreational place, on pavement, with income from CRP and dry land cotton. Has previously been leased for hunting as well. CRP pays $13,131 through 9/30/21. 100 acres generic base and 109.4 acres peanut base. NOTICE: There has been an additional pipeline easement granted on the west side of the property that has not yet been installed.
From Memphis, TX - go east on SH 256 for 4 miles to FM 3032. Then south on FM 3032 about 3/4 mile to the northeast corner of the property.
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