158.3 acre Irrigated Farm.
Farm #1905 - Floyd County, Texas
A 20% ownership is 31.660 acres of land. Asking price of $44,387.32, total price for 31.660 acres.
Type of Farm Land: Irrigated land.
One (1) submersible irrigation pump, owned by sellers and one (1) turbine irrigation well, owened by seller. Both wells go to the buyer.
Producing approx. 200 gallons per minute total for both wells.
Buyer will receive all rental income of the 20% ownership for 2019 and if buyer buys and goes into contract on this land they will receive the 20% income from the sell of the cotton crop.
Vista Bank is owner of 20% of this farm. Vista Bank, owner of 20% of this farm, will convey all of the oil, gas and other minerals they currently own to the buyers. Could be 75% but not guaranteed by Vista Bank.
Note there are 2 small houses on both of the corners. The Northeast corner is not for sale and belong...
Note there are 2 small houses on both of the corners. The Northeast corner is not for sale and belongs to another owner. The Northwest corner belongs to the seller and is not for sale except it may be possible that the owners of this small house and barn might consider selling it separate from the large main part of this property.
Note: There is a seven (7) tower sprinkler system located on this farm. This sprinkler system does not belong to the owners of this farm and is not part of the sell of this property. Current tenant owns this sprinkler system. They may be interested in selling it to the buyer of this farm land.
Farm Land: 156.31 acres;
Crop Land: 153.81 acres
Attached to this report is all the information regarding the USDA records from the Floyd County FSA Office.
NOTICE! NOTICE! NOTICE!
All of this farm is for sell and and any buyer wanting to buy 100% can buy the remaining 80% of the farm land, being 126.64 acres, at the price of $1,402.00 per acre.
ATTENTION! You can buy 20% of this farm or 100% of this farm land.