185 acres in Floyd County

Location:

Located in Floyd County just Northeast of Floydada, Texas at the intersection of County Roads 232 and 191.

Terrain:

This Floyd County Farm, with currently producing wind income, lays mostly flat except for some minor sloping on the West edge and southeast corner of the farm. It is comprised mostly of Pullman Clay Loam, 0 to 1 percent slope. This type of soil is good for growing cotton, wheat, milo, and sesame. The farm has been in the CRP program for the last several years, but this has since expired so a new owner has their choice to graze or cut and bale the grass, or put the farm back into crop production.

Improvements:

185 acres in cultivation, electricity at road, county road frontage on two sides.

Minerals:

Seller will convey one half of owned mineral rights with an acceptable contract.

Wind Income:

The wind turbine income derived from the turbine that is currently producing on the subject property will convey to buyer with an acceptable contract. Please ask agent for details of this income since it was implemented in 2018.

Agriculture Income:

If buyer desires, the farm could be currently leased to a local farmer for a cash lease.