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Meyer Trust Ochiltree Auction

MLS Number: TX266877
Price : $0
Auction Date: 2019-10-17 06:00
Features: Hunting, Pond, Water Well
Acreage : 985.00
State: Texas
County: Ochiltree
Status: Under Contract
Property Documents: Brochure

UNDER CONTRACT
This Absolute Land Auction is scheduled for Thursday, October 17th at 6:00 pm at Frank Phillips College - Allen Campus 2314 Jefferson St., Perryton, Texas 79070.

Located in the northeastern Texas Panhandle, just south of Lake Fryer and Wolf Creek County Park, this property will be offered in two (2) individual surface tracts. Both tracts contain Conservation Reserve Program land with contracts that expire in September, 2029. These tracts offer excellent grazing and income opportunities, and deserve serious consideration by anyone wanting to expand their livestock grazing operation, looking for a hunting property, or wanting to improve their investment portfolios.

TRACT #1 - 657 + Acres
Legal Description: Section 389 Blk 43, H&TC RR Co Survey, Ochiltree County, Texas containing 657 acres more or less.

If you need to expand your current ranching operation, or you are looking for a long-term stable investment or a good hunting property, you need to consider this tract. Located on the breaks of Northup Creek, which feeds into Wolf Creek to the north, this tract provides excellent habitat for deer, antelope, and turkey. The northern half of this section is native grass with breaks. There is one windmill in the northwest quarter and a submersible with a pond on the south.

The southern half 330 acres are enrolled in the Conservation Reserve Program, which allows for a long-term investment return and provides excellent wildlife habitat. The CRP contract expires in September, 2029 and has an annual payment of $9,761,00.

The property is located just a quarter mile north of US Highway 83, 20 miles south of Perryton, Texas and 25 miles north of Canadian, Texas. Excellent location and opportunity make this tract stand out in this area. There is excellent perimeter fencing and fenced CRP.

Estimated Property Tax: $1,022.55

TRACT #2 328 + Acres
Legal Description: N/2 of Section 317, Blk 43, H&TC RR Co Survey, Ochiltree County, Texas containing 328 acres more or less.

This is a very good tract for investment and grazing. Located just a mile north of US 83, it is easily accessible by all weather roads. This tract is 22 miles south of Perryton, Texas and 23 miles north of Canadian, Texas.

There are 231.14 acres enrolled in the Conservation Reserve Program with a contract that expires in September, 2029 and an annual payment of $6,839.00. Perimeter fencing is in excellent condition and the CRP acres are fenced. There is a submersible well located in the south-central part of this tract. The opportunity to expand your existing ranching operation and the CRP income are just two reasons to add this tract to your portfolio.

Estimated Property Tax: $1,018.04




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