With Highway 99A frontage, only 2.5 miles south of I-40 and great I-40 access, this 140-acre tract of well-established grass pasture is ideal for the livestock producer, hay producer or someone looking to build their dream home in the country with a superb location. The farm currently has 2 dedicated hay pastures consisting of 20 acres and 12 acres. The remaining has been used for cattle pasture. This farm has historically been a great forage producer with the following yields from only 200#/acre of fertilizer:
2015 - 134 RB's in 2 cuttings on 32 acres
2016 - 149 RB's in 2 cuttings on 32 acres
2017 - 173 RB's in 2 cuttings on 32 acres - also grazed 25 head of cows and made 77 RB's on the cattle pasture
2018 - 206 RB's in 3 cuttings on 32 acres - also grazed 25 head of cows and made 89 RB's on the cattle pasture
With this farm already having been fertilized this spring and the abundant amount ...
With this farm already having been fertilized this spring and the abundant amount of rainfall already received, this farm is ready for your livestock and operation. For added convenience, this farm is also equipped with pipe corrals, a 50'X50' hay barn, and a 30'x42' equipment shed.
Water is also abundant on this property. Two water wells sit on this property - one is near the old homestead and cattle lot, while the other well sits on the west side of the property near the stock pond. The second well has been used in the past to flood irrigate the pasture and fill the stock pond during times of drought. Creeks also traverse the west and east sides of the property providing even more water sources for livestock. The nearly 1.5-acre stock pond is also said to be stocked with bass and crappie providing excellent fishing.
The property also features two additional supplemental income streams. There is a compressor site lease on the property that pays $1,000/year with the current contract expiring in March 2024. The other revenue source is the 18 Native pecan trees that populate mainly the northeast corner of the farm. These producing pecan trees may also provide added depreciation benefits lessening your annual tax bill - please consult with your CPA or tax professional to determine the exact benefit(s) this will have for you. These trees coupled with the trees found on the available 75-acre farm to the south provide additional income of approximately $12,000 every 4 years. With maintenance, fertilizer and chemical applications, it is believed that production would increase even greater levels.
Additional 75-acre and 72-acre tracts are also available. Please see the website for more information on these two properties.
For your private showing please contact:
Jacob Rice at (405) 229-6835
Butch Hensley at (405) 650-5579