This 51.27 +/- acres is a sandy piece of land, with native brush and established range grasses. 45.3 acres is enrolled in the Conservation Reserve Program (CRP) until September 30, 2021, and pays $1315 annually through the contract ($29/acre). If the buyer does not want this CRP contract in place, it can be bought out at closing for the equivalent of the two years payments.
The tract has paved road frontage on FM 262 on the west side and has access to electricity at the road. Water is shallow here, if a person wanted to put in a water well. There is little to no hunting. It is only 15 minutes from Vernon, Texas, just north of the Thalia community, and would make a nice hobby farm.
Asking Price: $1000/acre (includes half of the mineral rights)
Call land agent Ben Belew at cell phone (940) 357-9940 for more information.