Auction Information
Online Bidding SiteMitchell County, Texas 441 +/- Acre Auction
The live auction will take place at the Towle Park Armory, 3000 Towle Park Road, Snyder, Texas 79549 on Monday, March 21, 2022 at 2:00 pm. There will be an important auction information meeting at the same location on Monday, March 7, 2022 at 10:00 am.
Tract 1is on the north side of SH 350. This rolling dryland farm has a total of 274 +/- acres with approximately 230 acres in cultivation. County Road 286 runs along the north side of this tract.
Tract 2sits on the south side of SH 350 and contains approximately 167 acres of rolling grassland and expired CRP land. There is a solar well in the NE corner of this tract. This is an excellent location for a country home. It has good brush and cover for wildlife throughout the tract, creating good recreational and hunting opportunities.
Possession will be given at closing, with the exception of Tract 1 where possession is subject to the Crop ...
Possession will be given at closing, with the exception of Tract 1 where possession is subject to the Crop Share Lease that will be signed by the Buyer at closing. This lease will cover the period from closing to the current cotton crop harvest. The Buyer of Tract 1 will receive the 25% crop share for the 2022 cotton crop.
Minerals will be sold in two tracts (Tract 3 and Tract 4). These tractsmay be combinedwith other tracts. The Net Mineral Acres are estimates and will be more precisely determined by a Mineral Title Report.
Tract 3- 227.50 Net Mineral Acres under Surface Tract 1. See Mineral Report Tracts 1 and 3 in Documents.
Tract 4- 42.99 Net Mineral Acres under Surface Tract 2. See Mineral Report Tracts 2 and 4 in Documents.
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Located SW of Snyder, TX just 6.5 miles from Ira on State Highway 350, this 441 +/- acres has been in the same family for nearly 120 years. We will offer this property in two surface tracts and two net mineral tracts. These tracts can be bought individually or as a part of a combination.