Vealmoor Place

Vealmoor Place | Texas
Property Types:
Farm

$3,437,385 | 1,964.22 ACRES | UNDER CONTRACT

Rusty Lawson

Overview

  • Price: $3,437,385
  • Acreage: 1,964.22
  • ID: 560
  • Location: Big Spring, Texas
  • County: Howard
  • Status: Under Contract
  • Water Rights: Available
  • Wind Energy Rights: Available
Property Description

We are proud to have obtained an exclusive listing on a long-term family owned property located in the northwest-quadrant of Howard County.  The Fisher Estate’s Vealmoor Place consists of 3 sections of grassland containing a total of 1,964.22 acres, more or less. 

Legal Description

678 acres, more or less, being all of Section 46, Block 33, T-3-N; T&P Railway Company Survey; 654 acres, more or less, being all of Section 2, Block 33, T-2-N,T&P Railway Company Survey; 632.22 acres, more or less, being all of Section 1, Block 33, T-2-N, T&P Railway Company Survey, Howard County, Texas.  *All the acreage amounts listed above were obtained from the Howard County Appraisal District.

Description

Basically, this entire property is currently in a good stand of improved grasses, with 76.33 acres remaining in the Conservation Reserve Program (CRP).  This portion of the property is receiving an annual payment of $3,222, expiring in 2022. The majority of the remainder of the property is expired CRP.  

Access to this land is excellent, having approximately 1 mile of pavement frontage (FM 1584) on the east side and graded CR 50, 21 and 52 also adjoining the boundaries of the property.   

The majority of the Vealmoor Place has a terrain that is mostly level with some scattered areas of sloping land.  Approximately 74% of the land has slopes that only range from 0-1%.  The remaining 26% of the land has slopes that range from 0-3%.    

Some scattered oil production is located on the property.

If desired, the majority of this land could be placed back into cultivation.

Improvements

Three (3) non-equipped water wells are located on the northwest side of the property.  The seller is unaware of the production capacity of these wells.  

Minerals/Wind

No minerals available.  All wind rights will convey.  

Taxes

+/-$7,068/year

Price

$1,750/acre

Remarks

As mentioned, the Vealmoor Place is a long-term family owned farm that has been well maintained over the years.  It is seldom that such a large unit of land is offered for sale in this area of West Texas.  If you are in the market for farmland or grassland in Howard County, this is a property that deserves your consideration. Please call Rusty Lawson at (806) 778-2826 for more information.  

Property Summary

Activities & Amenities
  • Electricity
    Income Producing
    Water Rights
    Water Well
Land Details
  • Total Acres: 1,964.22
  • Topography: Various
  • Wind Energy Rights: Available
  • CRP Acres: 76.33
Building Details