This is basically a square shaped tract, being approximately .5 of a mile wide from east to west and approximately .5 of a mile long from north to south, with the exception of a 2 acre tract which has been sold off of the southeast corner. According to the Terry County Appraisal District, this property contains 158 acres, more or less.
The Jones Farm is located in the northeast-quadrant portion of Terry County, being approximately 3 miles northeast of Brownfield, Texas. Access is excellent, being by paved FM 1698 on the north and paved CR 525 on the east.
The Northeast-quarter (NE/4) of Section 80, Block T, Terry County, Texas, Save and Except approximately 2 acres out of the southeast corner.
2014 Property Taxes:
Improvements include a center pivot irrigation system, two (2) irrigation wells and a network of underground pipe. The center pivot is a 1991 quarter-mile Lockwood brand system. To the best of our knowledge, this pivot is nozzled at 300 gallons per minute. The irrigation wells are equipped with 3 and 4-inch electric submersible pumps.
$1,400 per acre. Seller will retain all minerals owned.
The Jones Farm has approximately 120 acres under pivot, with the corners being operated on a dryland basis. The terrain varies from nearly level to gently sloping. The soils consist primarily of Amarillo fine sandy loam, with a small portion of Patricia loamy fine sand and Seagraves fine sandy loam located on the south-half of the property. This farm is leased for the 2014 crop year. It is a ¼ - ¾ crop share rental agreement and the buyer will assume the landlord's position in this lease. For additional information, please contact Rusty Lawson.
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