texas ranches for sale

Size:

656 acres

Location:

Located in southwestern Bailey County, south of Muleshoe, Texas just east of the New Mexico State Line.

Terrain:

This is an excellent farm that lies mostly flat with little washes and 99% productive acres. There are no rocky areas and only one small playa lake that is approximately 7 acres on the farm. With several feet of good topsoil, this farm is highly productive and is excellent for growing wheat, cotton, sorghum, or hay grazer. This farm would be an excellent investment for an operator or an investor seeking a steady return on investment.

Improvements:

County Road Access on all four sides; Water Well; Electricity.

Minerals:

Some Minerals available with an acceptable contract.

Income:

Current owner/operator would be interested in leasing farm from buyer for a competitive rent price. This would bring buyer a 4-5% return on investment.

Price:

$650.00 an acre

Contact:

Andrew Pennington - Listing Agent (940) 838-8112