Vaughn Farm

We are proud to have obtained an exclusive listing on 1,202.1 acres, more or less, located on the Hockley/Lamb County line, being approximately 7 miles northwest of Whitharral, Texas.  Access is good being by paved FM 1490 which adjoins the west side and various other graded county roads. 

Legal Description:

Labor 24, League 684, Lamb  County, Texas; Labor 3 and Labor 4, League 695, Lamb and Hockley Counties, Texas; Labor 7, Labor 8, Labor 18 and the North-half (N/2) of Labor 17, League 695, Hockley County, Texas, containing 1,202.1 acres, more or less. 

Description:

The Vaughn Farm consists of a total of 1,202.1 acres, with 580.97 acres enrolled in the Conservation Reserve Program and approximately 621.13 acres being in improved pasture.  The CRP portion of the property is generating $19,452 per year, with 87.44 acres expiring in 2020 and the remainder expiring in 2023.  The improved pasture portion of the property is fenced and currently supports a small cow/calf herd. 

The terrain of the property varies from nearly level to very gently sloping.  Slopes across this farm range from 0-3%, with approximately 75% of the property having slopes that only ranges from 0-1%.  The primary soils are Amarillo and Arvana fine sandy loam. 

Improvements:

Two houses, a large shop with metal siding, several livestock sheds and a set of portable panel pens are located on the Vaughn Farm.  Domestic and livestock water is proved by three water wells equipped with small electric submersible pumps. 

Minerals/Wind:

One-half of the minerals and one-half of the wind rights will be retained by seller.

Taxes:

+/-$3,950/year

Price:

$850/acre

Remarks:

It is seldom that such are large tract of farmland is offered for sale in this area.  The Vaughn Farm is a productive income producing property, with a large portion of the property that could be put back into cultivation upon the expiration of the current CRP contracts.  If you are in the market for farmland in the northern Hockley County area, this offering could certainly be what you are looking for.  Please call Rusty Lawson for more details.