±821.6 acres: CRP Grass Land Bailey County, Texas
±821.6 acres: CRP Grass Land Bailey County, Texas
Stegall, Bailey, Texas
$874,950
$1,065/ac
Description
Introduction:
A fantastic offering of 821.6 acres of grassland for hunting enthusiasts, conservationists, and ranchers. This property is currently enrolled in the CRP program, offering you an opportunity to earn passive income while Texas land assets continue to appreciate.
Location and Access
• The ”Quarter Section” parcel has paved FM 298 frontage on the southern boundary, and S. Roosevelt Rd A (dirt) access on the west boundary.
• The ”Section” parcel has CR 11 (dirt) frontage on the eastern boundary, and CR 1194 (dirt) frontage on the north boundary. From the SE corner, it is only 1 mile away from the paved road.
Grulla Wildlife Refuge is 3.3 miles as a crow flies from the northern most parcel. Google Maps Pin to the SE corner of the ”Quarter Section”. Google Maps Pin to the SE corner of the ”Full Section”
Overall Property Description
The land is mostly level with minimal contour. The elevation ranges from the highest point of 4120ft to 4100 ft at the lowest. A majority of the soils consist of Stegall Loam. The detailed soil report can be downloaded below. The land has minimal wetlands, with ±15 acres serving as bottom lands/playas.
The land is open with very to few view obstructions. The land has a mix of established native grasses, with Plains Yuccas, Tree Chollas, and elm trees.
Wildlife • Hunting
- Mule Deer
- Antelope
- Blue (Scaled) Quail
- Dove
- Sandhill Crane
Both parcels are located in Unit 46 Panhandle Pronghorn Herd enabling the new landowner to apply for antelope hunting permits. Mule deer are also abundant in the area.
Occasional whitetail deer are seen in the area too. For those with interest in predator hunting, coyote are abundant. The neighboring property has has award winning antelope and mule deer harvested year after year.
Conservation and CRP
- Of the 821.6 acres offered, 577.94 acres are actively enrolled in the CRP program, for a combined annual income of $22,873.
- ”Quarter Section” CRP contract details:
- Acres for enrollment: 155.2
- Rental Rate Per Acre: $39.99
- Annual Payment: $5,587
- Expires: 9-30-2040
- Contract Details: Texas Mixed Grass SAFE
Full Section CRP contract details:
- Acres for enrollment: 422.74
- Rental Rate Per Acre: $40.89
- Annual Payment: $17,286
- Expires: 9-30-2032
- Contract Details: General
Minerals • Energy • Water Rights
Wind: Seller owns 100% of the wind rights and will convey. The property lays in between two windfarms, the Sagamore Wind Farm in NM and the Blue Cloud Wind Farm.
Water Rights/ Wells: The owner owns 100% of the water rights which will transfer to the new owner. There are currently no wells on the properties. The properties are both located in the High Plains Underground Water District.
Utilities
Miscellaneous
- Parcel ID #: 14581, 14591, 42821
- County: Bailey
- Estimated Annual Taxes: $1,141.22
- Ag Exemption: Yes
- Legal Description: Call Broker
- School District: Sudan ISD
- Survey: N/A
- Zoning: Agricultural
- Zip Code: 79347
Broker Remarks • Pricing
This is a great opportunity to own a large amount of rural acreage for excellent hunting, passive income, and even grazing for a very reasonable price.
Both parcels are offered at just under $1,065/acre, or $874,950.
We thank you for you time and for review of these two parcels. If we can answer any questions, you may call or text: Corey Zant, Broker/Owner
God Bless!
Property Details
Features
- CRP
- Dry Land
- Hunting
- Ranch
- Recreational
Location
FM 298, Muleshoe, TX, USA
Stegall, Bailey, Texas, 79347
Interactive Map
Video
The information included in this listing is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Veritas Real Estate Co assumes no responsibility for typographical errors, misprints or misinformation. This property listing is offered without respect to any protected classes in accordance with the law.