$582,935 | 851.00 ACRES | SOLD
Location/Access: The Coyote Draw CRP property is located in Southwestern Bailey County, approximately 6.5 miles Northwest of the community of Enochs. Access is considered good, being 1.5 miles north of paved FM 54, and bounded by county graded roads 113, 1281, 97 and 1262. Its located a little over an hours drive from Lubbock. The property is located in the proximity of the 6,400 acre Muleshoe National Wildlife Refuge.
Legal Description: The property totals 851+/- acres, and is in two tracts. Tract I is 320 +/- acres, in the N/2 of Section 10, Block F, LB&B, Bailey County, Texas. This tract is bounded by CR 97 on the east and CR 1262 to the north. Tract II is 531+/- acres in League 165, Irion CSL, Bailey County, Texas. It is bounded by CR 113 on the east, and CR 1281 dividing the property, with 354 +/- acres north of CR 1281, and 177 +/- acres south of CR 1281. Tracts I and II are approximately 3/4 mile apart.
General Description: 762.4 acres are enrolled in the Conservation Reserve Program (CRP). The land is receiving an annual payment of $29,749, with the last payment for this current contract being in 2021.
The terrain varies from nearly level to gently sloping. Tract I soils are predominately Arvana fine sandy loam, with Mansker and Randall clay soils found along the draw and playa lake bottom areas.
Tract II soils are primarily Midessa, Arvana and Amarillo fine sandy loam, with Randall clay in the playa lake bottoms and primarily Zita loam and fine sandy loam soils in the surrounding areas. A good cover of grasses exists on the property, and trees surround portions of the playa lake areas.
Hunting: This property is known for its trophy Mule deer. Antelope, quail, and sand hill crane can also be found on the property.
Improvements: There are no improvements located on this property.
Price: $685 per acre, surface only
Taxes: The 2017 taxes were approximately $2,076 with ag exemption.
Remarks: The Coyote Draw CRP property is an income producing property with the added benefit of outstanding deer hunting potential. If you are in the market for an investment with both income and hunting potential located within an hour of Lubbock, this offering should be seen today.