Lockney, TX 79241(Floyd County)

150 Acres in Lockney, TX - $131,250

Legal Description: SE/4, Section 45, Block D-2, GCSF RR, Floyd County Texas, containing 150 acres more or less. (House and approximately 10 acres out of the SE corner is separate and not part of this property) (Just east of the Cargill Feedlot)

Description: This land is enrolled in the USDA CRP program. Excellent access is provided by FM 378 on the east boundary, and a graveled county road on the south boundary. There is an older well located on the south in unknown condition. The east portion of this land is mostly flat, with the west portion having more elevation change and slope. There are 142.4 acres enrolled in the CRP program through 9/30/2019. The annual payment is $5,979.78. This would create a nice return on investment through 2019. See attached USDA CRP map and information. Visit my website for pictures and information.

Minerals and Wind Rights: Surface Only; No minerals ...