Hereford, TX 78768(Deaf Smith County)

Whether adding acreage to an existing operation or just getting started, this property will serve as a great headquarters or hub to a new owner. The farm consists of 326.4 +/- acres in which the east 160.3 acres are enrolled in CRP through 2021 with an annual payment of $5,995. The balance of the acreage is grassland. There is a very well maintained three bedroom, two bathroom, 1,920 sq ft home located in the NW corner of the property. The home has had a number of new improvements including new heating in 2006, new air conditioning, a new roof in 2011, along with a new pump for the house well and a new hot water heater in 2014. Other improvements include a small set of steel gathering pens, one 4,069 sq ft grain storage barn with a pit and leg near the house and a 1,722 sq ft shop with an automatic door and hoist inside. There is also an old livestock barn that can be used for storage. The grain storage barn is in great shape and could be easily used as a large shop as it sits just next door to the second barn. There is a submersible well at the house used to supply the residence and livestock water. There are also three unused irrigation wells along the south side of the property. An existing lease is in place on the grass that is not enrolled in CRP for cattle grazing through July of 2015. The lease will be assigned to a new owner in which the payment will be prorated. An Easement Option Agreement for a transmission line is in place along both the north and east property line, but the option has yet to be exercised. This agreement is confidential, but compensation will be issued if the option is exercised.