Legal Description: East Part, Survey 1, Block N, TT RR, Floyd County Texas, containing 213.3 acres more or less.
Description: This is a nice farm in central/western Floyd County between Aiken and Barwise Texas. The property lays 1 mile North-South, and ¼ mile East-West. There are two turbine irrigation wells with natural gas. Underground tile runs over almost the entire place from North to South. (Almost 1 ½ miles of underground tile) There are 26.9 acres in the CRP program. The South portion of the land is in the draw and has considerable slope in places. This is the portion the CRP grass is located on. The bottom land is strong and will produce good yields. The North part of the property is mostly flat, should furrow irrigate easily, and also has good soil.
CRP Information:
Acres Enrolled: 26.9
Rental Rate per Acre: $31.00
Annual Contract Payment: $833.90
Expiration Date: 9/30/2...
Expiration Date: 9/30/2013
Minerals: Seller will reserve ½ of the mineral interests currently owned.
Wheat Base: 35.6*Yield: 30
Upland Cotton Base: 146*Yield: 422
Total Direct Payment: $3,866.00
Taxes: $726.93 (2009)
Approximately 5 ½ miles SSE of Aiken Texas.
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