16880 U.S. 283 , Vernon, TX 76384(Wilbarger County)

-Altus, OK: 25 miles

-Oklahoma City: 160 miles

-Wichita Falls, TX: 60 miles

-Amarillo: 170 miles

-Fort Worth: 175 miles

SCHOOL DISTRICT:

Northside ISD

PROPERTY TAXES:

In 2022, the total tax bill, which reflects a homestead designation and agricultural use exemption, was $1,367.88.

LAND DETAILS:

The ranch has 4.3 miles of perimeter and cross fences, dividing it into eight different pastures (50.6, 11.6, 6.0, 7.9, 3.9, 31.7, 14.3 and 17.3 acres). City water is piped to all the pastures and pens. Most of the pastures have established coastal; some of the smaller ones were cultivated in the past and could be put in winter wheat or additional coastal. Some of the land on the north end has native grasses and scattered trees for shade. The soils are productive class 2 sandy loam.

Additional improvements include:

-5 pipe feeding pens

-9 tire water troughs

-Loafing shed with pipe horse run

-Barn with four stalls & two pipe horse runs; concrete slab under roof for equipment/feed storage

-Small open barn with pipe pen for additional storage or horse runs

-Pipe sorting pens

-150 x 225 outdoor riding pen with attached pen (return alley and roping chute could easily be added)

-2 water taps on the Northside Water System (one on each road)

-One large pond

RANCH USES:

The current owners have been running the ranch as a grow yard for cattle. They carried 400 head over the fall, winter and spring months, while still having room to spare and keeping one pasture set aside for horses. While the ranch is not selling with any cattle contracts, it shows what one potential use of the property could be.

An an annual basis, using rotational grazing practices and supplemental winter feed, the ranch can support 35 cows. It could also be used as a horse training facility; the sandy soils, coastal pastures and multiple pens create the perfect equine set up, and the highway traffic insures easy access and plenty of exposure.

ADDITIONAL SOURCES OF INCOME:

The owner recently entered into a surface lease on part of the 11.6 acre pasture to an asphalt company, who uses the land to store materials and make asphalt as Highway 283 is repaved. This lease pays $1,500 per month and is expected to be place into mid-2024.

HOUSE:

The barndomium house has 1200 sq ft (per the tax appraisal district), 3 BD/1 BTH, a loft and utility room. It has CH/A and rustic farmhouse decor, with plywood on the walls and stained concrete floors. The kitchen comes equipped with a refrigerator, gas stove and dishwasher. This house is very clean and completely updated.

The home works perfect as a full time owners residence, managers house or ranch office. A valve on the water line allows you to just cut off the water to the pastures and not the house, in case there is a leak to fix on a trough or elsewhere.

RESEVERATIONS:

The owners dont own any mineral rights, so none will convey. One oil well is on the north end of the property, inside of the same 11.6 acre pasture that the asphalt lease is in. The pumper comes into that pastures own gate from FM 924 and doesnt come across any of the other land.

Other than the fence gates and some panels, the owners are selling only what is attached as real property, so all any feeders, chutes, overhead bins or other property on the land will be moved by the owners to their other ranch in OK.

LIST PRICE:

$585,000

CONTACT:

For more information or to see this property in person, contact agent Benjamin Belew at cell phone (940) 357-9940.

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No trespassing; all showings must be scheduled with 24 hour notice. Buyers agents must be disclosed upon initial contact and be active in all showings and inspections to participate in full commission split.