160.572 Acres Bailey County TX: CRP Grassland

Veritas Exclusive Sold

160.572 Acres Bailey County TX: CRP Grassland

Stegall, Bailey, Texas

$184,950

$1,152/ac

Acreage 160.6 ac
$/Acre $1,152/ac
Type Farm & Ranch
Status Sold

Description

Introduction

Welcome to a unique offering in the heart of Bailey County, Texas – 160 acres of pristine native grassland, meticulously managed under the Conservation Reserve Program (CRP). This remarkable property not only preserves the natural beauty of the region but also delivers a substantial annual income of $7,606. Whether you’re an investor seeking reliable returns or an individual looking for a serene parcel with financial benefits, this $1,151/acre property is an outstanding find.

Location and Access

The parcels is located in the western part of Bailey County of the Texas High Plains. The parcel is about 30 miles SW of Muleshoe, Texas: (pop: 5,054), the closest town. Portales, NM (pop: 11,973) is a 35 minute drive to the NW.​ Lubbock, TX (pop: 263,930) is a 1 hour, 15 minute drive SE of the property which houses an international airport. This quarter section parcel has CR 31 frontage (dirt) on the eastern boundary, and is only 0.5 miles off paved FM 298. Grulla Wildlife Refuge is 6 miles as a crow flies from the parcel.

Overall Property Description

The land comprises of a quarter Section (160.57 acres), with a survey in hand.

​​The land lays well is mostly level with minimal contour. The elevation ranges from the highest point of 4070ft to 4060 ft at the lowest. A majority of the soils consist of a fine sandy loam. The detailed soil report can be downloaded below. The land has no wetlands.

The land is open with very to few view obstructions. The land has a mix of established native grasses such as sideoats grama, switchgrass, sprangletop, buffalo grass, and bluestem.

Wildlife • Hunting

​​Due to the rural nature of the property, and proximity to 2 wildlife refuges, the property hosts excellent hunting for:

  • Mule Deer
  • Antelope
  • Blue (Scaled) Quail
  • Dove

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 160.572 acres offered, 160.53 acres are actively enrolled in the CRP program, for a combined annual income of $7,606.

”West 80” CRP contract details:

  • Acres for enrollment: 82.23
  • Rental Rate Per Acre: $47.42
  • Annual Payment: $3,899
  • Expires: 9-30-2026
  • Contract Details: Texas Mixed Grass SAFE

”East 80” CRP contract details:​

  • Acres for enrollment: 78.30
  • Rental Rate Per Acre: $47.34
  • Annual Payment: $3,707
  • Expires: 9-30-2026
  • Contract Details: Texas Mixed Grass SAFE
Minerals • Energy • Water Rights

Minerals: Mineral rights reserved by seller.

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
The closest electricity is located on FM 298 0.5 miles away.
Miscellaneous 
  • Parcel ID #: 14626, 14627
  • County: Bailey
  • Estimated Annual Taxes: $842.34
  • Ag Exemption: Yes
  • Legal Description: Download ”Exhibit A”
  • School District: Sudan ISD
  • Survey: Yes, contact broker
  • Zoning: Agricultural
  • Zip Code: 79371
Broker Remarks • Pricing

This is a great opportunity to own a large amount of rural acreage for excellent hunting, passive income which outperforms most money markets, and even grazing/farming in the future for a very reasonable price.

This parcel is offered at just under $1,151/acre, or $184,950. 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

 806- 853-SELL (7355)

corey@veritaslandco.com

God Bless!

Corey Zant

Corey Zant

Principle Broker, Owner

Lubbock, TX

See my bio

Property Details

Price$184,950
Land Area160.6 ac
$/Acre$1,152/ac
Property Size160.572
Property TypeFarm & Ranch
StatusSold

Features

  • CRP
  • Hunting
  • Ranch
  • Recreational
  • Vacant Land

Additional Details

Annual CRP Payment$7,606

Location

County Road 31, Muleshoe, TX, USA

Stegall, Bailey, Texas, 79371

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.

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