Hunting & CRP Income

$960,000

Property Details

  • County: Cottle
  • Address: FM 1037
  • Zip: 79248
  • Type: Hunting Land, Ranches, Recreational Property
  • City: Paducah
  • Price: $960,000
  • Acres: 800
  • State/Zip: Texas 79248
  • Status: Available

TALB Member:

Beau Byars | Agent/Salesperson

Byars Beau
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Property Description

This Cottle County ranch has been in the sellers family since the 1940s and is being offered for the first time on the market! The property has a total of 800 +/- acres, divided into two different tracts, 480 and 320 acres in size, which are only a half mile from each other. The land is located just a few miles northwest of Paducah, TX (pop. 1,143)just far enough from town for privacy but close enough for quick access to what you need.

LAND DETAILS:

The landscape is very diverse and can be described as follows:

480 ACRES: Rolling terrain, with 60 ft. of elevation change. Approximately 50% of thick mesquite cover, including 50 acres of wooded native pasture. The balance is in prairie land, with a mix of introduced native grasses. No fences or structural improvements. County road frontage on three sides, including the paved FM 1037. 442.2 acres are currently enrolled in CRP (Conservation Reserve Program) until 9-30-2022, with an annual payment of $12,161.

320 ACRES: Mostly level ground, no fences or structural improvements. Land is two 160 acre blocks divided by a county road. Some mesquite trees on the northern quarter. South quarter has large transmission lines running across it. The nearest electrical substation is 4.5 miles down the line to the east. 319.8 acres are enrolled in CRP until 9-30-2022, with an annual payment of $9,114.

HUNTING:

This land has really good hunting, especially the 480 acre tract. The thicker areas provide cover and bedding areas deer and hogs, while the grass lands create a perfect bird habitat. Lots of game trails run through the pasture and down the county roads along the property. Both mule deer AND whitetails will be found here, as well as feral hog, turkey, bobwhite quail, coyote and other varmints. It has not been hunted in decades and is prime to be developed. We put up a feeder and game camera at the listing and will post pictures as they are received.

UTILITIES:

Electricity is readily available on any side of the these tracts. A fiber optic line runs down FM 1037 as well.

MINERALS:

The family is not sure what percentage of minerals they own, if any, but will convey half of any owned minerals at closing. There is no oil production on the land and very little in this area of Cottle County.

BROKER'S COMMENT:

This ranch offers some really nice hunting, coupled with the strong income of $21,275 per year through the CRP contracts. The 320 acres could potentially be developed as a solar farm too, as it is already located on the electrical grid.

LIST PRICE:

$1,200/acre | $960,000 total

CONTACT:

For more information, contact agent Steven Beck at cell phone (806) 778-1597.



FM 1037 Paducah Texas 79248

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