461 Acres in Megargel, TX - $587,775
Just reduced to $1,275/acre, $587,775. The seller has had the property priced considerably higher, (as are most properties in this area) but rather than wait for market conditions to improve they have decided to drop the price considerably to encourage a quick sale. This price is $300-$500/acre under everything around it. You will not find a better deal on a farm/ranch property in Archer/Young County than this.
Location: The farm is located in Archer County, Texas, on FM 210, 2.7 miles north of Megargel. It is about 120 miles Northwest of Ft. Worth and 45 miles Southwest of Wichita Falls. Nearest cities and communities include Megargel; Olney (14 miles East); Seymour (20 miles West) and Archer City (20 miles Northeast).
Total acreage in the farm is 461 acres + /-. It contains approx. 222 acres in cultivated land and 239 acres in pasture. Pasture is a combination of improved and native...
Total acreage in the farm is 461 acres + /-. It contains approx. 222 acres in cultivated land and 239 acres in pasture. Pasture is a combination of improved and native. Brush has begun to invade some of the previously cleared, improved pastures. Also some of the cropland is being used for seasonal grazing. The only cash crop currently grown is wheat. The farm has a wheat base of 197 acres and a grain sorghum base of 51 acres. Most of the acreage is available by paved highway; the remainder fronts on rock or gravel roads. The farm has over 1 mile of highway frontage on FM 210.
The farm provides a variety of income/recreational opportunities including crop production, cattle and hunting (deer, turkey, dove, quail, hogs). We don't hunt it anymore, but a cousin trapped over 150 hogs last season in just one trap located in the brushy section near the southwest corner property line.
PLEASE REFER TO THE FARM PLAT SHOWN IN THE FILES/VIDEO/TOUR SECTION OF THIS LISTING: The land outlined in heavy black borders is for sale. There is 376 acres on the west side of FM 210 and 85 acres on the east side of FM 210.
Utilities: There is rural water (Baylor County) and electricity service nearby that could easily be run to this property.
*MINERALS: Includes 50% mineral rights and executive rights on everything except on the 85 acre portion shown on the east side of FM 210. The seller does not own the rights on this tract. Price with 100% minerals would be $1,395/acre, $643,095.
School District Olney, Texas ISD. Property is about 14 miles from Olney.
Taxes - Young County, School Taxes - $988.76; Archer County, Property Taxes - $579.80
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