Plainview, TX (Hale County)

315.8 Acres in Plainview, TX - $197,375

Legal:

N/2, Section 6, Block CL, AB 2218, Hale County Texas, containing 315.8 acres more or less.

Description:

This CRP property is beautiful. The grass is as good as any I have seen. FM 400 runs along the east for ½ mile and there is a county road on the north for 1 mile providing good access. Improvements include two wells (have not ran in several years), one domestic well, underground tile, and electricity. There are 7 years remaining on the CRP contract.

CRP Information:

Acres Enrolled: 288.1

Rental Rate Per Acre: $40.90

Annual CRP Payment: $11,783.00

Expiration Date: 9/30/2015

Minerals: Seller will reserve ½ of the minerals currently owned.

Wind: Seller will reserve ½ of the wind rights.