Listing provided courtesy of Legacy Properties- MLS# 20571282MLS ProviderContact Information: Benjamin Belew - 940-357-9940

TBD County Rd 81 SVernon, TX 76384

Vacant Land · 120.00 Acres
$195,000 Active

TBD County Rd 81 S Overview

Visits:
9

Productive 120 +or- acre farm in Wilbarger County, TX, located west of Vernon.  No improvements or structures. Legal access via a 20 ft. wide deeded access easement coming in from the south side.  This easement runs along the side of the neighbor’s field and is not currently a road because that same neighbor allows the owner to come in from the east, via an existing gravel oil field road. Per the FSA, the cultivatable acres are 114.46, with 5.49 acres in a grass waterway along the north side.  Currently being used to grow winter wheat and cotton. It is a dry land farm with no irrigation, so crop production can vary depending on annual rainfall.  The current tenant would continue to lease the farm, if desired. Current farming lease is a share crop arrangement, with one-fifth of gross crop production going to landowner, with no crop expenses due. This can be converted to an annual cash lease of $25 per acre ($3,000 per year), if desired. No mineral rights are owned so there are none to convey. The property has two oil wells on it with tank batteries; both are on the far north end where it doesn't interfere with the farm production. LIST PRICE: $1,625 per acre

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TBD County Rd 81 S Facts & Features

  • Type Vacant Land
  • Lot 120.00 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Chillicothe ISD
  • Elementary School: Chillicoth
  • Middle Or Junior School: Chillicoth
  • High School: Chillicoth

Business Information

  • Current Use: Agricultural

Location/Region

  • Country: US
  • County Or Parish: Wilbarger
  • Postal City: VERNON
  • Subdivision Name: None

Tax Information

  • Tax Annual Amount: 104.0

General Information

  • Exclusions: Crops growing are retained by tenant
  • Parcel Number: 6838001
  • Possible Use: Agricultural
  • Property Sub Type: Unimproved Land
  • Property Type: Land

Interior

Exterior

Lot Information

  • Cultivated Area: 114.0
  • Lot Features: Acreage
  • Lot Size Acres: 120.0
  • Lot Size Area: 120.0
  • Lot Size Square Feet: 5227200.0
  • Lot Size Units: Acres
  • Road Surface Type: Gravel
  • Vegetation: Crop(s)

General Information

  • Road Frontage Type: Easement,All Weather Road
  • Utilities: Electricity Available

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

TBD County Rd 81 S Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

TBD County Rd 81 S Market Data

Based on the last 30 days in this zip code

$211,679
Average List Price
$87
Average Price per Square Foot
1
Properties Sold
113
Average Days on Market
15
Properties for Sale
Calculations provided by Reliance Network


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