Tulia, TX 79088(Swisher County)

All of the East One-Half (E/2) and the Northwest One-Fourth (NW/4) of Section No. (5), in Block W-1, Tyler Tap RR Co. Survey, Certificate No. 417, Abstract No. 284, Patent No. 456, Volume 88A, dated February 26, 1943, Swisher County, Texas,

SAVE AND EXCEPT 45.153 acres of land, more or less, being the same land described in Judgment in Cause No. 6773, styled the State of Texas v. 0. L. Gunkey, Jr., et al as shown of record in Volume 233, page 359-362, Deed Records, Swisher County, Texas, and,

SAVE AND EXCEPT 8 acres of land, more or less, being all of that part of Section No. 5, Block W-1, Swisher County, Texas, lying East of Highway 1- 27 right of way, as described in a deed from 0. L. Gunkey to Richard L. Griffith, as shown of record In Volume 234, page 465, Deed Records, Swisher County, Texas.

GENERAL DESCRIPTION

This productive property provides a multitude of opportunities within its borders. A seven (7) tower Reinke pivot is in the northwest quarter of the property and irrigates approximately 123 acres. Within these irrigated acres, the Seller has planted approximately 60 acres of kleingrass on the southern portion. The remaining 63 acres under the pivot have been planted to wheat. Another 197 acres of cultivation has been operated on a dryland basis. The remaining 109 acres are native grasses. A good-sized playa lake makes up the central portion of the property and provides an outstanding habitat for many waterfowl throughout the year.

The overall terrain varies from nearly level to gently sloping. Approximately one-third (1/3) of the property has a nearly level terrain with slopes in this area only ranging from 0-1%. The remaining two-thirds (2/3) of the property slopes gently to the low area and the playa lake in the central east half of the property. The primary soil found across this farm is Pullman clay loam.

FSA OFFICE INFORMATION

Farm #3439

Farmland Acres: 434.4

Cropland Acres: 323.93

DCP Crop Data:

~ 163.70 base acres of Wheat with a PLC Yield of 26 lbs.

~ 13.90 base acres of Corn with a PLC Yield of 65 lbs.

~ 99.50 base acres of Grain Sorghum with a PLC Yield of 65 lbs.

~ 28.60 base acres of Seed Cotton with a PLC Yield of 1,294 lbs.

IMPROVEMENTS

Improvements include a seven (7) tower Reinke center pivot irrigation system and four (4) irrigation wells equipped with submersible pumps. According to the owner, the four irrigation wells are tied together with a network of underground pipeline and pump a combined total of +/-250 gallons per minute. The pivot system is approximately 1,308 feet long and is in excellent condition. The property also boasts a brand new 6-strand barbed-wire fence around the entire perimeter.

PRICE

$1,800 per acre / $772,200

MINERALS and WIND ENERGY

One-half of the minerals, one-half of the wind royalty rights, and one-half of the solar royalty rights will be retained by the Seller.

2022 PROPERTY TAXES

$1,800

REMARKS

This property is currently being utilized as a farming and livestock operation. However, due to its proximity to Tulia, Texas, and fantastic access with pavement and electricity, this property would also make a great homesite or agricultural headquarters.

For more information or to schedule a private showing, call Cooper Cogdell at (806) 683-6045.