Tullis Farm

Tullis Farm | Texas
Property Types:
Acreage,
Farm

$203,040 | 169.20 ACRES | SOLD

Overview

  • Price: $203,040
  • Acreage: 169.20
  • ID: 113
  • Location: Anton, Texas
  • County: Hockley
  • Status: Sold
Property Description

The Tullis Farm is in the northeast-quadrant of Hockley County, located approximately 3 miles southwest of Anton, Texas. Access is excellent with graded Gaines Road on the east and graded Nevada Road on the south.

This property is being operated as a partially irrigated farm, with approximately 109 acres being irrigated, 51.35 acres enrolled in the Conservation Reserve Program (CRP), 8 acres around an old homestead and one acre set aside for a saltwater disposal well. The 51.35 acres currently enrolled in CRP are receiving an annual payment of $2,007, with the last payment for this current contract being in September 2022. The terrain varies from nearly level to gently sloping, with slopes ranging from 0-3%. Soils are good, being primarily Amarillo fine sandy loam, Portales loam and Posey fine sandy loam.

Legal Description
RMT, BLK A, SE/4 SEC 94, AB 138, Hockley County, Texas.

Improvements
The Tullis Farm is improved with four (4) irrigation wells and a network of underground line. Three (3) of the irrigation wells are equipped with 3-inch electric submersible pumps and the remaining well is equipped with a 2-inch electric submersible pump. The wells have not been test-pumped, however, based on information provided to the broker, the irrigation wells pump a combined total of 350 to 400 gallons per minute.

Remarks
The Tullis Farm is a productive partially irrigated property with the added benefit of some CRP income. The asking price is $1,200/acre, surface only (no minerals). Owners will convey 50% of the wind energy royalty rights but will retain all future payments generated from the salt water disposal well. The 2018 property taxes were $912.20, or $5.39/acre. If you are looking for a productive partially irrigated farm in the northeast-quadrant of Hockley County, this offering should fit your needs. For additional information, please contact Cooper Cogdell at 806.683.6045.

Cooper Cogdell

Property Summary

Activities & Amenities
Land Details
  • Total Acres: 169.20
Building Details