Agricultural Land for Auction in Lazbuddie, Texas

DESCRIPTION: 311.84+/- Acres of Farm Land in

Parmer County, Texas. This is a versatile property that is set up to work well for a variety of agricultural applications including row crop farming, forage production and grazing. The irrigation improvements including two 1/4 mile pivot sprinklers and 4 irrigation wells which are equipped with submersible pumps that are tied together with underground line to both pivots. This setup offers flexibility to seasonally rotate crops and livestock to achieve the highest and best use of property year around.

There is a wind farm that has just been constructed in this area, and there is a transmission line that is located on the western boundary of the property, but there are currently no wind turbines on this property. Since there is a new wind energy project in this area, there is a well-maintained all-weather caliche road (CR 27) that extends north 1 mile to FM-145 so the farm is very accessible. With fencing, pivots and good soil, this is an offering that you don't want to miss.

Inquire for more information or to book a private showing and be sure to register to bid in this auction.

LEGAL DESCRIPTION: Tract 1:

All of the Northwest Quarter (NW/4) of Section

89, Block "H", Thomas Kelly Subdivision, in Parmer County, Texas.

SAVE AND EXCEPT:

8.16 Acres out of the NW/4 Section 89,

Block I-I, Kelly Subdivision, Parmer County, Texas;

Beginning at a 1/2" IR set in the W/line of

Section 89, for the SW corner of this tract, from whence a 2" IP found for the SW comer of Section 89, bears S 1?55'39" W, a distance of 4109.79';

Thence N 1 ?55'39" E, along W /line Section

89, a distance of 1173.07' to a 1/2" IR set for the NW corner of Section

89, and the NW corner of this tract;

Thence S 88?56'15" E, along the N/line of

Section 89, a distance of 1150.89' to a 1/2" IR set for the NE comer of this tract;

Thence along a 1353' radius curve, concave North

Westerly, an arc length of 1781.69' a chord bearing of S 45?54'22" W, a chord distance of 1855.72' to the Place of Beginning.

Tract 2:

The Southwest Quarter (SW /4) of Section 89,

Block "H", Thomas Kelly Subdivision, Parmer

County, Texas.

TOGETHER WITH all improvements situated thereon, including, but not limited to, the following items, irrigation equipment, submersible pumps, corrals, and gates;

TOPOGRAPHY: The north 2/3's of the entire subject property is fairly flat with slight slope to the Southeast, and the bottom 1/3 of the property slopes considerably more, dropping approximately 35 feet from the south center pad to southern border of property.

IMPROVEMENTS: Property is equipped with 2 pivot irrigation systems with submersible pumps and underground line tying both systems together. There is a 5-wire barbed fence around the perimeter of these two tracts except for the interior adjacent property line which is not cross-fenced.

WATER FEATURES: There are no natural water features on the property.

FENCING: The exterior perimeter of the property is fenced with permanent 5 wire barbed wire fencing. This fencing is in good condition.

WILDLIFE, HUNTING AND RECREATION: Area is in flyway for great migratory bird hunting such as crane, geese and dove hunting along with possibilities for pheasant and quail. The area does have a mule deer season as well and with neighboring areas that are in grass which could hold good possibility of nice deer. Farm is far enough out of local towns to have great nightscape with a spectacular sunset and starry night views.

SOIL: The soils for this property consists primarily of Acuff loam, 0 to 1 percent slopes, Acuff loam, 1 to 3 percent slopes, and Olton clay loam, 0 to 1 percent slopes, with some other areas mostly on southern end of property consisting of Bovina loam,

1 to 3 percent slopes and Zita loam, 0 to 1 percent slopes.

USDA INFO: Farm is currently enrolled in the USDA Farm Program under 2 different FSN's NW 1/4 has

151.76 acres of DCP Cropland with 10.96 acres of Wheat Base, 13.72 acres of

Corn Base, and 76.90 acres of Seed Cotton Base.

SW 1/4 has 159.67 acres of DCP Cropland with 49.33 acres of Wheat Base, 43.53 acres of Corn Base, 3.99 acres of Grain Sorghum Base, 42.56 acres of Seed

Cotton Base, and 10.64 acres of unassigned Generic Base.

TAXES: NW 1/4 ($1179.06) w/exemptions, SW1/4 ($1230.55) w/exemptions

RESERVATIONS: Seller warrants that this Property will sell without additional title reservations of any kind, including but not limited to wind, mineral, or solar reservations. See Lien Search and Title

Report in Property Information Packet for more information.

EASEMENTS: The sale of the property is subject to any and all easements filed of record.

FURTHER REPRESENTATIONS: All information provided is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. Information is subject to change without notice. Real estate is being sold "As-Is,

Where-Is" with NO warranties expressed or implied.

COMMENTS: Call or text Monty Edwards for more information at 806-786-5426.