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 1.5 acre tract which has been sold off of the northwest side. According to the Terry County Appraisal District, this property contains 158.5 acres, more or less.
The Jones Farm is located in the northeast-quadrant portion of Terry County, being approximately 1 mile southeast of Meadow, Texas. Access is good, being by paved FM 211 on the north and graded CR 555 on the east.
The Northeast-quarter (NE/4) of Section 13, Block 4X, Terry County, Texas, Save and Except approximately 1.5 acres off of the northwest side.
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 1995 quarter-mile Zimmatic 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.
$1,600 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 is mostly level, with a small amount of sloping land on the west side. 91% of the farm has slopes which range from 0-1%. The primary soil type is Amarillo fine sandy loam, with an area of Pep loam and Portales loam located on the southwest side. 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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