314 Acres, Tulia TX

We are honored to have the exclusive listing on this 314 acre unique parcel North of TULIA TX! This acreage consists of mostly native grasses with some bluestem grass in the mix. There is currently a CRP contract in place on 150 of the 314 acres that was established in 2020 for $25/acre. This contract can be bought out of the CRP program and seller is willing to go through necessary actions and negations to make that happen. Lamar advertising has a large billboard on the west fence line and is paying $2000/year. The rent on the sign has not been adjusted in years and has potential to increase. There is old irrigation wells on the property that are in unknown condition, although there is a working stock well in place that can water livestock. One of the most unique assets to this property is it has close to a miles worth of railroad frontage and also an exact mile of highway frontage on the access road off of Interstate 27. Those two assets open the door for many different opportunities if you were to buy this land for more than just agriculture purposes. Tulia is also in need of more housing, this would be a great location for an investor to build more housing. Dont miss this opportunity! Contact us today to schedule your private showing! Buyer's Broker must be identified upon first contact with Listing Brokerage Firm and must accompany buying prospect on first showing, all subsequent viewings, and all due diligence inspections to be allowed brokerage fee participation. For more information or to schedule a showing, please contact Cayson George 806-341-8524.