903 Acres in Marlin, TX - $3,612,000
Location 3.5 miles NW of Marlin, Falls County, Texas.
Acres 903 acres MOL acres according to the FCAD and survey dated 2007.
Improvements Rustic home is approximately 1,800sq ft. built in 2005. Currently under lease through April 30, 2017 at $600.00 a month.
Equipment Barn
Drill stem working and holding pens
Work Shop & Barn
Horse Shed
1 1960s vintage home used for storage
1 1960s recently remodeled home and is currently leased through April 30, 2016 at $450.00 a month.
Fencing - Entirely fenced with cross fencing. 80% of the fencing was installed in 2005
Approximately one mile of road frontage
Water There are 2 ponds, approximately 1.1 miles of Brazos River frontage, and 5 water wells. The property comes with access to 200 acre feet of adjudicated riparian water rights that have a superior date of 1925. This water right is the oldest and most superior water right in Falls ...
Water There are 2 ponds, approximately 1.1 miles of Brazos River frontage, and 5 water wells. The property comes with access to 200 acre feet of adjudicated riparian water rights that have a superior date of 1925. This water right is the oldest and most superior water right in Falls County. Injection points are registered with the TCEQ. A copy of the adjudicated document can be found in the body of this brochure. The ground water has not been severed and comes with the sale of the property.
Electricity Navasota Valley Electric Coop services the house, water wells and main barns.
Soil There are various soil types on the property. Please refer to the USDA Soil Map located in this brochure for soil types. Flood information is available on the report as well.
Easements Brazos Valley Electric has an electric easement that follows the frontage road and the areas that branch to service areas within the ranch (house, barns, and water wells).
Minerals Owner owns approximately 28% of the minerals which all will convey to buyer.
Gravel & Sand The gravel & sand rights have not been severed and comes with the sale of the property. Preliminary investigations indicate gravel is located on the property.
Air Rights The air rights have not been severed and comes with the sale of the property.
Topography The land is mostly flat with 0 to 1% slight slopes which is excellent for cultivation
Current Use Privately owned and cropland is leased out with lease expiring on 9/30/21. Lease has termination tied to harvest of crop. The remainder land is used for hay and grazing for a cattle ranch operation. Recreational use is for hunting deer, hog, and fishing. Bald eagles also have a nest on the property.
Ground Cover Approximately 635 acres is in rich cultivated river bottom land. Approximately 220 acres is in Coastal Bermuda/native grasses for hay and cattle grazing. Remaining property is a Pecan tree grove and fenced off areas from the river that are reserved and used as wildlife and hunting recreational areas.
Price - $3,612,000 or $4,000 per acre
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