FM 1033 , Childress, TX 79201(Childress County)

LEGAL DESCRIPTION: NE/4 of Section 430, Block H, W&NW Ry Co Survey, Childress County, Texas. (north quarter). SW/4 of Section 401, Block H, W&NW Ry Co Survey, Childress County, Texas. (south quarter). These two quarters join at corners. The south quarter lies to the southeast of the north quarter.

MINERALS: Subject to previous reservations of record. None of the mineral estate owned will convey.

WIND & Water: All wind and water rights will convey to buyer.

IMPROVEMENTS: None. Old homestead burned in a grass fire a couple of years ago.

FENCES: Good five strand barbwire fence on 2 and a half sides of the north quarter. No fence on west boundary. More than half of north boundary is without a fence. Good five strand barbwire fence on three sides of the south quarter. No fence on east boundary. Current tenant has used hot wire fences.

FSA PROGRAMS: The north quarter has 42.5 acres of Wheat Base with a 20 bu PLC Yield. The south quarter has 10 acres of Wheat Base with a 20 bu PLC Yield

SOIL: Sandy/sandy loam

TOPOGRAPHY: Slightly rolling with level areas.

WATER: Newer water well with submersible pump just east of the old windmill has underground pipe running to almost the middle of the north quarter and to the northwest corner of the south quarter. Wiring to well may need to be replaced due to grass fire last year.

IRRIGATION POTENTIAL: Unknown.

POSSESSION: Upon closing and funding.

HUNTING LEASE: None in place.

GRAZING LEASE: Current lease with tenant expires June 30, 2019

TAXES: Approximately $______ per year with Agricultural Exemption

UTILITIES: Electric line to old homestead location. (Another line just across the fence at southeast corner of south quarter).

ZONING: No zoning as located outside of any municipality.

ACCESS: Recorded Right of Way Easement from FM 1033 to entrance gate. County Road Q runs along the northeast corner of the north quarter but has not been used for access.

EASEMENTS: Any easements are not expected to affect the operations of this farm. Commitment for Title Insurance will identify any existing easement and/or right of way.

PERSONAL PROPERTY: One metal and one fiberglass stock tank, and few old farm implements. Hot wire fences and stock panels/gates owned by tenant do not convey.

Serious Qualified Buyers Agents can contact Chad for more detailed information.

NO TRESPASSING.

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

As with any Exclusive Listing Agreement, owners are not to negotiate with any prospective buyers, but to refer all prospective buyers to the Listing Broker, so please do not contact any of the owners directly. Please direct all questions to Listing Broker. This property is not for Rent, not for Lease and Owner Financing is not available.

Buyer's Broker must be identified upon first contact with Listing Brokerage Firm and must accompany buying prospect on first showing to be allowed brokerage fee participation.