Elbow Place 642.64± Acres | $1,124,620 | Big Spring, Texas | Howard County
Elbow Place We are proud to have obtained an exclusive listing on a long-term family owned property located in the southwestquadrant of Howard County. The Fisher Estate’s Elbow Place consists of basically 1 section of grassland/native pasture containing a total of 642.64 acres, more or less, and is located in the desirable Forsan Independent School District. LEGAL DESCRIPTION 635.66 acres, more or less, being all of Section 40, Block 33, T-1-S, T&P RR Co. Survey, and 6.98 acres, more or less, being out of the West-part of Section 39, Block 33, T-1-S, T&P RR. Co. Survey, Howard County, Texas, containing a total of 642.64 acres, more or less. *The acreage amounts listed above were obtained from the Howard County Appraisal District.
DESCRIPTION The Elbow Place consists of a combination of native pasture, land enrolled in the Conservation Reserve Program (CRP) and expired CRP. The western most 210 acres, more or less, remains in native pasture. This area has a fairly dense canopy of mesquite throughout. The native pasture is fenced with traditional barbed wire fencing in fair to poor condition. The middle portion of the property is currently enrolled in the CRP. This area consists of 196.16 acres and is receiving an annual payment of $6,201, with the last payment being in 2021. The eastern 220 acres, more or less, is expired CRP and is in a good stand of improved grasses. Several scattered oil well sites and tank batteries are located throughout the property. CONTINUED ON PG 6
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Access to this land is excellent, having approximately 1 mile of pavement frontage (Nichols Road) on the east side. The primary soil found on the eastern portion of the property is Amarillo fine sandy loam, which is one of the more productive soils in the county. The western portion of the property primarily consists of Springer loamy fine sand, which is a sandier type soil that has a risk of wind erosion. IMPROVEMENTS Three (3) water wells are located on the northwest side of the property. MINERALS/WIND No minerals available. All wind rights will convey.
CONTINUED ON PG 9
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TAXES +/-$1,830/year PRICE $1,750/acre REMARKS As mentioned, the Elbow Place is located in the Forsan ISD. Much of the land in this area of Howard County with paved highway frontage is currently being developed into smaller rural residential tracts. If you are in the market for farmland, grassland or property in Forsan ISD with paved highway frontage, this offering deserves your consideration. Please call Rusty Lawson at (806) 778-2826 for more information.
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RUSTY LAWSON Associate Broker Certified Appraiser
m 806.778.2826 rusty@csmandson.com 5016 122nd Street Lubbock, TX 79424
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