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FM 2998

FM 2998, Paducah, Texas 79249 - Cottle County
$136,125 165 Acres
Property ID 2094007

Description

165 acres, more or less, in Cottle County. Great location to build a home with 360 degree view from the old homesite. 157.4 acres in Conservation Reserve Program through 9-30-2020. Payments are $4,407.00 per year. Balance of acreage in shelter belt / native grass for grazing, hunting and recreational use. Shelterbelt includes brush and hardwoods that provide excellent cover for wildlife. Wildlife includes quail, white tail deer, mule deer, wild hogs, turkey, and dove. Excellent homebuilding site. Summer and Winter pictures.

LEGAL: All of the NE/4 of Survey 3, Block M, R.M. Thompson, Cottle County, Texas.

MINERALS: Subject to previous reservations of record. Owner is believed to own half. Seller to convey any minerals owned at this price.

WIND & Water: All wind and water rights convey.

FSA BASE ACREAGE: 157.42 acres Cropland,all in CRP program. Buyer to assume CRP Contract with Farm Service Agency.

UTILITIES: Electric to location of old domestic well in NE corner of property. Per Owner, the old domestic well was inspected in October 2015 and is a good well.

COTTLE COUNTY TAX APPRAISAL DISTRICT "TAX VALUES": 2015 = $108,480.00, 2014 = $96,180.00

POSSESSION: Upon closing and funding.

TENANT: None

DIRECTIONS:From Paducah go 9 miles North on US Hwy 83 to FM 2998, go East 1 mile, then North for 1/2 mile. Property lies on West side of FM 2998. -----OR----from Childress go 19 miles South on US Hwy 83 to FM 2998, go East on for one mile, then south for 1 mile. Property lies on West side of FM 2998

NO TRESPASSING.

PLEASE DO NOT ACCESS PROPERTY WITHOUT BEING ACCOMPANIED BY LISTING BROKER.

Directions

DIRECTIONS:From Paducah go 9 miles North on US Hwy 83 to FM 2998, go East 1 mile, then North for 1/2 mile. Property lies on West side of FM 2998. -----OR----from Childress go 19 miles South on US Hwy 83 to FM 2998, go East on for one mile, then south for 1 mile. Property lies on West side of FM 2998
NO TRESPASSING.
PLEASE DO NOT ACCESS PROPERTY WITHOUT BEING ACCOMPANIED BY LISTING BROKER.

Agriculture and Farming

Agricultural Uses
CRP

CRP Number of Acres in Program
157.4

CRP Annual Payment Amount
$4,407

CRP Contract expires in Year
2020

Financing Options

Mortgage Options
Conventional Mortgage

Land

Game
Dove
Quail
Turkey
Whitetail Deer

Minerals - % Water Owned
100

Number of Wells
1

Property Type
Farm/Ranch

Soil
Sandy Loam

Surface Rights
All

Lot Description
Acreage
Some Trees

Minerals - % Wind Owned
100

Present Use
Agriculture
Hunting/Fishing

Proposed Use
Agriculture
Hunting/Fishing
Residential Single

Special Notes
Virtual Tour

Topography
Rolling

Minerals - % Oil & Gas Owned
50

Minerals Available
Oil & Gas
Water
Wind

Property Tax Exemption
Yes

Road Frontage Desc
Asphalt
FM Road

Street/Utilities
Asphalt

Type of Fence
None

Tax Data (Show Tax Data)

Other Land for Sale in Cottle County

    NOTE: The information contained herein is provided as general information only and has been obtained from sources deemed reliable. It is provided without any guaranty, warranty or representation, expressed or implied, made by Lands of America, or any related entity, as to the accuracy or completeness of the information. The information is presented subject to errors, omissions, change of price or conditions, prior sale or withdrawal without notice. Prospective purchasers should make their own investigations, projections and conclusions concerning the information.