TimBro and M & M Farm

$6,900,000

Property Details

  • County: Milam
  • Zip: 76567
  • Type: Commercial Property, Ranches
  • City: Rockdale
  • Price: $6,900,000
  • Acres: 640
  • State/Zip: Texas 76567
  • Beds: 3
  • Status: Available
  • Baths: 2

TALB Member:

John Ed Stepan | Broker

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Property Description

640 +/- acres Milam County

Two farms, located minutes northwest of Rockdale offer an excellent land investment with a steady income stream. The two farms have four operational poultry houses on contract with Cargill raising turkey. Being less than two miles apart, management of both farms has been streamlined for efficiency. Additional income could be derived from a cow/calf operation as each parcel has pasture land not currently being utilized. Furthermore, each parcel has dense tree cover and a variety of native brush offering wonderful wildlife habitat. Rarely does an opportunity such as this come on the market two well maintained and diverse ranches operating at a very nice ROI.

Location: Approximately 8 miles northwest of Rockdale, 55 miles northeast of Austin, 45 miles west of Bryan/College Station

TimBro Farm

Being the main farm, this parcel has the majority of the infrastructure including barns, workshop and four residences. There are four operational turkey houses with the potential to bring two more online. Nice, pastureland is balanced with dense woods and ponds for recreational use. Generous road frontage affords multiple access points to turkey houses and residences.

Improvements: Four Turkey Houses, fully functional at this time raising three flocks per year. A fully integrated water system, equipment storage barn and insulated workshop.

Residence 1: At the main gate to the farm, a small home that is utilized by one of the farm workers.

Residence 2: Near the Turkey Houses, a 3 bedroom 2 bathroom manufactured home fully skirted with a large front porch.

Residence 3: Approximately mile from the main entrance, fronting on FM is a tastefully restored 2 bedroom 2 bathroom frame house with a detached garage/workshop. Twenty-first Century finishes and appliances have been tastefully balanced with the charm of the farm house to make for a comforting and cozy feel.

Residence 4: At the north end of the property a large 4 bedroom 2 bathroom manufactured home with an attached garage, front porch and rear deck. A high-quality remodel was recently undertaken with upgraded countertops and appliances.

Water: The property has the benefit of both rural water and private water wells. There are four ponds present on the property for stock water and recreational use.

Pasture: There is approximately 70 acres in pasture that could be utilized for grazing. In addition, there is 182 acres of woods for wildlife habitat.

Flora and Fauna: There native grass pastures are complimented by the dense stands of hardwoods such as Post Oak, Live Oak, Elm and Mesquite. Wildlife include Whitetail Deer, Wild Turkey, Feral Hog and a variety of varmints.

M & M Farm

The secondary farm, a short drive from TimBro this farm has the most recently constructed turkey houses along with the integrated water system and a manufactured home utilized to house one of the farm employees.

Improvements: Four Turkey Houses raising three flocks per year, Workshop that houses the water system and a manufactured home.

Water: The property has rural water. There are two ponds present on the property for stock water and recreational use.

Pasture: There is approximately 45 acres in pasture along with 46 acres of mixed rangeland that could be utilized for grazing. In addition, there is 45 acres of woods for wildlife habitat.

Flora and Fauna: There native grass pastures are complimented by the dense stands of hardwoods such as Post Oak, Live Oak, Elm and Mesquite. Wildlife include Whitetail Deer, Wild Turkey, Feral Hog and a variety of varmints.

Comments: This offering presents an excellent land ownership and business opportunity. The current owners have developed a very efficient and well run poultry operation for growing out turkeys. The relationship the farm has developed with Cargill provides a steady cash flow with the turkey operation. The current owner has agreed to consult the new owners through the process and complete the current cycle of birds during the contract period and post-closing. The current owners are not grazing the properties and the pastures are in very good condition. Between the two farms, a 60-80 head cow/calf operation could be added to increase the income. Finally, by bringing two more turkey houses into production revenues could be boosted.

With the current turkey production, bringing two additional houses into production and implementing a cow/calf operation the projected return on investment will be in excess of 5%. On top of that factor in the capital appreciation of the land and tax advantage of the depreciable assets and this property is an excellent investment opportunity.


Useful Documents


Rockdale Texas 76567

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