The Lone Oak

Property Description

This is a diverse residential ranch being offered with farming equipment and mineral interest. This would make an acceptable property as a full time residence with hunting, farming and grazing activities or an enjoyable recreational place with turnkey living conditions available.
IMPROVEMENTS: The homesite has a well-kept 2001 model 4/2 manufactured home. There is a newer shop along with a few other barns in the vicinity. The improvements are supported by 2 separate electric meters, Fort Griffin SUD water meter and onsite septic. Appliances are mostly electric and the new HVAC unit is also supplemented by a propane heater. The 3-acre cultivated area in the NW corner of the property beside the house could serve to construct roping arena in a convenient location. Fences are in poor to fair condition but are adequate for a small cow herd.
EQUIPMENT: A newer model 75 hp Mahindra tractor with front loader, pull-behind disk, grain drill, and several other attachments are being included in the asking price.
WATER: Aside from the FGSUD water, two reliable stock tanks are on the property. The 1/2 acre tank that is right out the back door is said to be very deep and stocked with bass, crappie, catfish, and bluegill.
VEGETATION: The land offers a variety of options for rotational grazing management and wildlife habitat. There is a centrally located 2 acre food plot in the center of the native range land portion of the property. Also, dove hunting should be good on the 20 acre sunflower field, which is in rotation with winter wheat for deer and cattle use. Adjacent to the wheat/sunflower field is a 15-acre Kleingrass field with some young mesquite brush. Aside from the 3 acre field beside the house, the balance of the land is made up of brush cover and native grasses.
TERRAIN: This land is considered mostly level with a slight roll.
MINERALS: The sellers are offering to convey what they own in mineral interest which is believed to be 1/3 of the original estate. No current production or pipeline are known to exist on the property.
22 minute drive from Albany
9 minutes from Moran
26 minutes from Cisco and I20
PRICE: 133 acres, residential buildings, farm equipment, and minerals are being offered together for the full asking price of $385,000.
Contact Info: Lee Burton - Listing Agent - (979) 204-3121