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LMB Farms - Hale & Lubbock Counties

LMB Farms - Hale & Lubbock Counties Farm at Shallowater Texas - Farm Property
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Property Description


Location/Access:
This property is located on the Hale/Lubbock County Line, being approximately 9 miles north and 3.5 miles west of Shallowater, Texas. Access is excellent, being by paved FM 597 on the south, graded CR B on the east, graded CR 330 on the north and graded CR A on the west.

Legal Description:
853.3 acres, more or less, out of Section 16, 32 and 33, Block DT, Hale and Lubbock Counties, Texas.

Method of Operation:
According to the Lubbock County FSA Office, this property has 739.9 acres currently enrolled in the Conservation Reserve Program (CRP). This land is receiving an annual payment of $28,116, or $38/ac., with the last payment being in September of 2018.

2014 Property Taxes:
Approximately $3,710.

Price:
$600 per acre, surface only.

Remarks:
Approximately 99 mature pecan trees are located on the southwest side of this property. These trees have been maintained over the years and have the potential to produce some additional income. This area of the farm also makes the ideal dove hunting spot. The terrain varies from nearly level to gently sloping, with the primary soil being Olton loam, 0-1% slopes. Several irrigation wells are developed on this property; however, only two wells have been utilized in the recent past. Multiple oil well locations are located throughout the property, with an estimated 56 acres being effected by oil well locations and roads. For additional information, please contact Rusty Lawson.




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Property Info
  • Area: Shallowater, Texas
  • Status: Sold
  • Price:
  • Type: Farm
  • Lot Size: 853.3 acres

Documents

Contact Info
  • Offered by: Rusty Lawson
  • Email: rusty@csmandson.com
  • Office: (806) 763-5331
  • Direct: (806) 778-2826