405 acres of Farm, Pasture, and CRP in Castro County, Texas

Veritas Exclusive Pending

405 acres of Farm, Pasture, and CRP in Castro County, Texas

Hereford, Castro, Texas

MLS# 25-9654

$608,685

$1,503/ac

Acreage 405.0 ac
$/Acre $1,503/ac
Type Farm & Ranch
Status Pending

Description

Introduction

This 405 acres is a great opportunity in the heart of cattle country. With a mix of pasture, row-watered irrigated farmland, and CRP. New fencing around much of the pasture.

Veritas Real Estate Co is excited to announce the exclusive listing of 405± ac located south of Hereford in Castro Co. In the heart of cattle country, this property offers multiple opportunities, with a mix of row watered irrigated farmland, grazing land, and even CRP. A new 5 strand barbed wire boundary fence has been installed around much of the property. Property has even been leased for pheasant hunting in the past and has a great habitat for upland game birds such as quail and pheasant. Property is close to feeders and dairies for those looking to begin or expand operations. A majority of of the property was recently in, or in CRP. The property has 0.75 miles of CR 509 frontage, and is only 2.2 miles from HWY 385 and just 6 miles from Hereford city limits. 2 wells present, one currently in operation and used for row-watering, another at an old homesite now used for cattle. There are multiple wind farms in the area. A great opportunity!

Location and Access
The parcel is located in the northern part of Castro County of the Texas Panhandle. It is about 6 miles south of Hereford, Texas: (pop: 14,860), the closest town, and about 15 miles north of Dimmitt, TX (pop 4,119). Castro and Deaf Smith County are know for it’s many feed yards and dairies, and Herford is dubbed the ”Beef Capital of the World”.

Amarillo, Texas (pop: 203,729) is a 55 minute drive to the North, which houses an international airport.

Lubbock, TX (pop: 263,930) is a 1 hour, 30 minute drive SE of the property which houses an international airport.

Google Maps Pin to western boundary line

Overall Property Description
  • 56.17 ac of irrigated farmland (row- watered)
  • 50.19 acres in active CRP
  • 189.19 acres in expired CRP
  • 111.55 acres in native pasture
  • Approx. ±50 acres of the native pasture has a seasonal wetland/playa

The majority of the farm is a clay-loam variation, with intense to moderate farming capabilities and intense grazing capabilities. The contour map shows an elevation of 3820 ft above sea level at it’s lowest, the 3855 ft above sea level at it’s highest.

Wildlife • Hunting
The area is known for blue quail and pheasant hunting. Also, when the seasonal playa holds water it is a great roost for migratory ducks and Sandhill crane. Dove hunting here is exceptional.
Conservation and CRP
50.19 acres are currently enrolled in CRP, with a rental rate of $29.43 per acre. Annual payment is $1,477. Contract began 10-01- 2014 and expires 09-30-2029.

CRP contract details: 

  • Acres for enrollment: 50.19
  • Practice : SAFE Project CP38E
  • Tract #0009853, Field #3
  • Rental Rate: $29.43
  • Start: 10-01-2014
  • Expires 09-30-2029
  • Annual Payment: $1,477
Minerals • Energy • Water Rights
Minerals: Owner believes to have has 100% of the Mineral Interest; a 50% Non-Participating Royalty Interest (NPRI) was reserved by a previous grantor in 1947. Mineral Rights are negotiable.

Wind: Seller owns 100% of the wind rights and will convey. The property lays in between three windfarms: Jumbo Windfarm, Bethel Windfarm, and Mariah North Wind farm.

Water Rights/ Wells: The owner owns 100% of the water rights which will transfer to the new owner. There is currently 2 wells. One well on the north west corner of the property used for row-water irrigation. The previous tenant believes the gpms to be approximately 50 gpm. There is another domestic well used for cattle next to an old homesite.. The properties are both located in the High Plains Underground Water District. The district estimated the saturated thickness of the aquifer on the property to be 0 to 40 ft thick.

Utilities
Property currently has electricity servicing the two wells. There is also a 138 kv transmission line easement on the western border that parallels CR 509.
Broker Remarks • Pricing
This is a great opportunity to own a large amount of rural acreage for grazing, passive income, and farming for a reasonable price.

This place is offered at just under $1,500/acre, or $608,685. We thank you for you time and for review of this land. If we can answer any questions, you may call or text Corey Zant, Broker.

Corey Zant

Corey Zant

Principle Broker, Owner

Lubbock, TX

See my bio

Property Details

MLS #25-9654
Property ID11897, 30079
Price$608,685
Land Area405.0 ac
$/Acre$1,503/ac
Property Size405
Property TypeFarm & Ranch
StatusPending
CAD Property ID11897, 30079

Features

  • CRP
  • Cultivated - Dry Land
  • Dry Land
  • Hunting
  • Irrigated
  • Ranch
  • Recreational

Additional Details

Estimated Annual Taxes$1,949.02
Ag ExemptionY
Legal Description658 Blk M 7 Sec 94 N 1/2 & N 1/2 Of Sk&K Sw 1/4
School DistrictHereford ISD
SurveyY
ZoningAgricultural
Zip Code79045

Location

213 County Road 509, Hereford, TX, USA

Hereford, Castro, Texas, 79045

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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