Spain Farm

Spain Farm 160± Acres | $272,000 | Olton, Texas | Lamb County

Spain Farm We are proud to have obtained an exclusive listing on 160 acres, more or less, located in the northeast-quadrant of Lamb County, being approximately 3.5 miles north and approximately 1 mile west of Olton. Access is good, being by graded CR 82 on the south and graded CR 299 on the east.

DESCRIPTION The Spain Farm is a good partially irrigated farm, with approximately 120 acres under pivot. The south two corners of the property are in improved grass and the north two corners are operated as dry cropland.

LEGAL DESCRIPTION The Southeast-quarter (SE/4) of Section 8, Block A, L. & S.V. Ry. Co. Survey, Abstract 471, Lamb County, Texas.

The terrain of this farm is mostly level, with a very gentle slope to the east. Slopes across this farm range from 0-3%.

Overall, the Spain Farm is in a good state of cultivation.

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FARM SERVICE AGENCY’S BASE ACRES AND YIELDS Farm 2671, Tract 2031 Crop Base Acres PLC Yields Corn 60.80 162 bu.

Seed Cotton 63.44 3,214lbs.

UNA Generic 15.86 0

MINERALS/WIND One-half of any minerals owned will be conveyed. 100% of the wind rights will be conveyed.

CENTER PIVOT/IRRIGATION WELLS Improvements include a 1990 model Valley brand quartermile center pivot. This pivot is in good condition for its age and is currently nozzled at 350 gallons per minute. Four (4) irrigation wells are developed on the property, with three (3) of wells being equipped with 4-inch electric submersible pumps and one (1) well being equipped with a 3-inch electric submersible pump.

REMARKS If you are looking for an investment property or to expand your current farming operation in Lamb County, please call Rusty Lawson at (806) 778-2826 for more details on this offering.

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PRICE $1,700 per acre

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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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CHASSMIDDLETON.COM Listing subject to sale, withdrawal, or error.