Coldwell Banker First Equity Realtors

375.2 acres, more or less - Great hunting tract with convenient access, excellent topography, incredible views, homesite potential and CRP Income! Just a half mile off paved FM 1041, this tract is located less than 3 miles south of Memphis with 233.6 acres of improved CRP grasses, and the remainder of approximately 141.6 acres in native pasture, with deep canyons, mesquites, brush, cedars and hardwoods which provide excellent grazing, shade and cover for wildlife including deer, turkey, dove, quail, wild hogs, and varmints. MINERALS: Subject to previous reservations of record. No minerals convey.FSA BASE ACREAGE: 233.6 acres in USDA Farm Service Agency's Conservation Reserve Program through September 30, 2020. CRP payments are $7,545.00 annually.TOPOGRAPHY: Excellent topography. with rolling grassland, deep canyon draws in the southwest quadrant and level land on the north end. Terraces on most of the CRP acreage. All of the adjoining acreage on the west side is level irrigated farmland. LEGAL DESCRIPTION: 55.2 acres of land out of Section 70, Block 18, H & GN Ry. Co. Survey, Hall County, Texas, described by metes and bounds as follows: THENCE North 656 varas to a stake in the East line of said Section 70; THENCE West 475 varas to a stake; THENCE South 656 varas to a point in the South line of said Section 70; THENCE East 470 varas to the point of beginning and containing 55.2 acres of land, and The NE/4 of Section 51, Block 18, H & GN Ry. Co. Survey, Hall County, Texas, and The W/2 of the S/2 of Section 70, Block 18, H & GN Ry. Co. Survey, Hall County, Texas. WIND & Water: All wind and water rights will convey to buyer. FENCES: Good five strand barbwire fence on a some of the east boundary, and a good four strand barbwire fence on approximately 2/3 of the west boundary. The remaining fences are very poor to non-existent. IMPROVEMENTS: Old homestead site with old house, hay barn and other outbuildings and in irreparable condition. Located in the middle of the property. WATER: One working well with submersible pump located toward the north end of the property. One old well near the old homestead area in the middle of the property is in unknown condition. Has not been used in several decades. Red River Authority Water line runs along west side of FM 1041, about a half mile from entrance. UTILITIES: Electric. ZONING: Agricultural. Located outside of any municipality. EASEMENTS: Electric line. There are no known easements that will interfere with the operation of the land. SURVEY: None. PERSONAL PROPERTY: One hunting blind and one game feeder. The other game feeders and hunting blinds do not convey, as they are not the property of the seller. HUNTING LEASE: None in place. GRAZING LEASE: None in place. POSSESSION: Upon closing and funding.

  • Listing Number 18-116591
  • Sub-Type Resale
  • Status Active
  • Days On Site 86
Zoning Agricultural
Acreage 375.20
Listing Provided By:
Chad Holland  of  Chad Holland Real Estate
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this listing $365,820
297.63%
$92,000 in 79245
this listing 86 on site
63.71%
237 on site in 79245

Location

State TX
City Memphis
Zip Code 79245
Area Memphis

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