Floydada, TX 79235 - Floyd County

Offering a great half section located just SE of Floydada, TX. This parcel offers buyers a great mixture of dryland farm and grass acreage. There is an old windmill located in the north quarter section of the property (current state is unknown). Irrigation sits just north of the property, indicating potential development and good water. Along the south boundary line sits a 345 KV transmission line, opening multiple possibilities for a new owner to pursue.

There is an existing oral lease on the dry-land farm acreage. The current crop-share is 30% on cotton & 25% on wheat. The owners crop-share % will convey with the sale, and the tenant share will convey to the new owner through the growing season. All owned mineral estate will be retained by the owner. Wind and solar estate will convey with the property.

Water:

There is an existing windmill located on the north side of the half section. The state of the well is currently unknown. Irrigation sits to the north of the property, indicating good water and development potential.

Recreational:

Hunting opportunities on this farm include mule deer, along with other native wildlife.

Minerals:

100% of owned mineral estate will be retained by the seller.

Landscape:

PuA, Pullman clay loam, 0 to 1 percent slopes, 194.86, 62.01% - 46, 3s

OcB, Olton clay loam, 1 to 3 percent slopes, 41.63, 13.25% - 46, 2e

LyA, Lockney clay, 0 to 1 percent slopes, occasionally ponded, 29.59, 9.42% - 30, 5w

LoA, Lofton clay loam, 0 to 1 percent slopes, occasionally ponded, 24.01, 7.64% - 34, 5w

EcC, Estacado clay loam, 3 to 5 percent slopes, 14.82, 4.72% - 48, 3e

Soils have little or no erosion hazard but have other limitations impractical to remove that limit their use largely to pasture, range, woodland, and wildlife. These soils are nearly level but some are wet, are frequently overflowed by streams, are stony, have climatic limitations, or have some combination of these limitations.

Fawver Dryland & Grass Floydada, TX, 79235 - Soil Report

Exclusions:

There are no known exclusions at this time.

Zoning/Easements:

The property is outside of any municipality therefore it is not zoned. All existing easements will be identified by surveyors & title company. There will be electric easements for the transmission line. Title work will provide documents.

Estimated Taxes:

Taxes with exemptions: $403.19

*This is an estimated tax for 2024. Potential buyers will be responsible for verifying the taxes with or without exemptions.*

Area:

Fawver Dryland & Grass sits in SE quadrant of Floyd county.

Access:

This property boasts access on three sides: CR 280, CR 221 & CR 290.