339.7+/- ACRES IN LAMB COUNTY

DESCRIPTION:  339.7+/- Acres Multi-purpose cultivated tract of land is situated in Lamb County, Texas between Sudan and Amherst and is centrally located on US-84 between Lubbock, Texas and Clovis, New Mexico.  Farm is equipped with two pivot irrigation systems and 5 irrigation wells that are tied together with underground line. This farm has a history of growing cotton, grain sorghum, wheat, and black-eyed peas, but could also work well as a cattle production farm with the addition of some permanent fencing.  Farm is very accessible and with approximately 560 feet of frontage on US-Hwy 84, just over 2400 feet of paved County Road 135 frontage on east boundary of property, over 2750 feet of dirt road frontage on County Road 125 on west boundary and approximately 4800 feet of dirt road frontage on County Road 232 on north boundary.  Farm is fairly flat with a few seasonal low lying playa areas in the southern part of the farm.  With predominantly Amarillo fine sandy loam soils, this farm should offer flexibility in use and practice.

LEGAL DESCRIPTION:
Tract 1: All of Labor Thirteen (13), Section Three (3), Block S-1, John H. Stephens, Grantee, Lamb County, Texas, containing 163.8 acres of land, more or less, according to the map or plat of said land as recorded in the office of the Lamb County Clerk.

Tract 2: All of Labor Fifteen (15), League Six Hundred Forty-eight (648), State Capitol Lands, Abner Taylor Original Grantee, Lamb County, Texas, containing 175 .9 acres of land, more or less, according to the map or plat of said land as recorded in the Office of the Lamb County Clerk;

SAVE AND EXCEPT a 0.42 acre tract of land out of Labor 15, League 648 State Capitol Lands, Lamb County, Texas, conveyed to the State of Texas from Mrs. L. W. Hayward in instrument dated October 31, 1932, and recorded in Volume 51, Page 18, Deed Records of Lamb County, Texas.

TOPOGRAPHY: Farm is fairly flat to gently sloping with general slope to south and east.  There are some playa areas on the southern portion of the farm.

IMPROVEMENTS: The farm is equipped with 2 older pivot irrigation systems that cover approximately 270 acres.  The east pivot is a Zimmatic and the west one is a Valley.  Owners estimate the year model of the Zimmatic east pivot) to be a 1979 model and the Valley (west pivot) to be a 1985 model.  These pivots are tied together and along with 5 irrigation wells equipped with submersible pumps.  The pivots are each packaged at 150 gpm and can be run one at a time.

WATER FEATURES:  There are some areas of the farm that can hold some seasonal water during extended wet periods, but under normal weather conditions there are no natural water features on the property.

FENCING: There is currently no fencing on the property.

WILDLIFE, HUNTING AND RECREATION: Area boast excellent dove, quail, crane, geese and mule deer hunting.  Certain farming and ranching practices could be conducive to this tract being a good candidate for dove, crane and geese hunting.

SOIL: Soils on this farm are predominately Amarillo fine sandy loam with 0-1% slope, with also some Amarillo fine sandy loam with 0-3% slope.  There are also some minor areas in playas of Randall clay and some small amounts of Amarillo loamy fine sand 0-3% and Amarillo fine sandy loam 3-5% on slope toward neighboring playa.  In general the predominate soil on this farm is one of the more desirable in the area for both farming and grazing practices.

USDA INFO: Farm is currently enrolled in the USDA Farm Program with 333.35 Cropland/DCP Acres with 30.70 Wheat Base Acres, 61.00 Grain Sorghum Base Acres, 185.62 Seed Cotton Base Acres, and 19.27 Unassigned Generic Base Acres.

TAXES: $917.05 (w/exemptions)

RESERVATIONS: Seller is uncertain of current mineral interests but will convey any existing mineral rights if any are still attached.  Depending on offer, owners will consider conveying all wind and solar interest in land.

EASEMENTS: Topography maps indicated a buried pipeline crossing the farm. There is an easement in the Northeast corner of the farm for a communications building. 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.  There are no warranties either expressed or implied pertaining to this property. Real estate is being sold "As-Is, Where-Is" with NO warranties expressed or implied.

COMMENTS: Please call Monty Edwards to make arrangements to view the property at 806-786-5426 or email him at monty@medwardsland.com.