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Mineral Rights Included
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Western Wilbarger County/ borders Hardeman County, TexasFarmers Valley-Fertile Farmland (48.750 Acres)-WITH MINERAL RIGHTS.Land is close to Chillicothe, TX and just West of Vernon, TX. FM RD 925 South 5310 & CR 118. Great location for a private residence, farming or other profitable endeavors. Could be grown up very quickly for hunting expeditions. Very few neighbors, lots of jackrabbits and quail. No well, fence or septic system, just raw land, make it whatever you want...Vernon is approximately 10 minutes away where there is a city center with a Wal-Mart, Santa Rosa Rodeo and other items of interest. Close to the Medicine Mounds and Quanah, TX. Why am I selling this land?Its simple, I had planned on settling in this portion of the country until the family that I had in this area moved to another part of Texas. Although this land is a great investment, I would rather sell it and purchase land elsewhere, where I can be close to my family. Currently the property is being leased to a farmer who is growing cotton. I will not ask him to vacate the land. Lease would terminate upon harvest of cotton (around December or so) or buyer can negotiate buy out of lease with lessee. Buyer would be entitled to 1/2 of my profits from the crop. (1/6 of total proceeds at the gin) Crop insurance has already been purchased. All taxes are paid up to this point in time. Buyer would take over any tax liability upon sale. Taxes are generally less than $150.00 per year because it is agricultural land. Please contact me if you have any additional questions before you bid.This is of course a non-returnable item. |