Tract 5 – 65+/- Acres of CRP – SAFE in Bailey County, Texas

DESCRIPTION: 
This 65.0+/- acre Conservation Reserve Program–
State Acres for Wildlife Enhancement (CRP-SAFE) tract is located in Southwest
Bailey County and is in the CRP-SAFE program through September of 2031.  The farm has great accessibility with Farm to
Market (FM) 54 running down the North side of the property with some properties
carved out by other landowners for house sites on a portion of the
frontage.  There is still approximately 800’
of frontage on the north side of the tract, and FM 596 curves from the North to
the South on the Northeast side of the tract. 
There are several homes in the Maple farm community next to this
parcel.  This is a good tract of grass
that has passive income from this CRP-Safe tract.  This farm is located approximately 42 miles
from Farwell, Texas and 48 miles from Clovis, NM.  Farm is also located 33 miles from Muleshoe,
Texas and 33 miles from Sudan, Texas. 
Lubbock is located approximately 67 miles away and it is just over 74
miles to Preston Smith International Airport north of Lubbock, Texas. Lubbock
is home to a Division I University, Regional Medical Hub, and Agricultural Hub
of the South Plains.   

LEGAL DESCRIPTION: Approximately 65.00 acres out of E/part of Leagues 142-143, Block 3,
Hansford County School Land, Bailey County, Texas.  (Subject to Survey)

TOPOGRAPHY: Property has gradual slope from the west to east-northeast to a low
lying area in the NE part that is dissected by the intersection of FM 54 and FM
596.

IMPROVEMENTS: There are no improvements on this tract, there are several properties
that are contiguous with this parcel that have residential houses built on them
in the farm community of Maple.

WATER FEATURES:  There is an area in the non-farmed area of land in the triangle
around the intersection of FM 596 and FM 54 that has a small area that is
designated as a wetland Code PEM1J – Freshwater Emergent Wetland.  This can stand in water during excessive
rainy seasons.

FENCING: There is
no fencing on this tract.

WILDLIFE, HUNTING AND RECREATION: This area has a good population of trophy mule deer, quail, and
seasonal dove along with occasional crane and geese. There is also antelope in
the area as well.

SOIL: Soils on
this tract primarily consists of Arvana fine sandy loam, 0 to 1 percent slopes
and Midessa fine sandy loam, 1 to 3 percent slopes with lesser amounts of Midessa
fine sandy loam, 0 to 1 percent slopes, Amarillo fine sandy loam, 1 to 3
percent slopes, Randall clay, 0 to 1 percent slopes, occasionally ponded, and
Arvana fine sandy loam, 1 to 3 percent slopes.

USDA INFO: Farm has
just been re-enrolled in USDA -Conservation Reserve Program – TX Prairie State
Acres for Wildlife Enhancement (CRP-SAFE) with a Contract Period being 06/01/2017  through 09/30/2031. Currently there are 67.11
acres enrolled in CRP-SAFE with annual per acre payment of $39 for a total
annual payment of $2,617. Owner will require CRP Addendum to be signed as part
of the contract.  See Exhibit E Addendum
to Contract for this tract in Property Information Packet for details of
requirements in regard to Conservation Reserve Program Contracts.  See FSA-156 in Property Information Packet
for details about DCP Crop Data.

TAXES: 2025 taxes
w/exemptions ($317.12)

TITLE RESERVATIONS: Seller is unsure of present interest, but warrants that this Property
will convey without any other title reservations by current owner, including
but not limited to mineral, wind, or solar reservations.

EASEMENTS: The sale of
the property is subject to any and all easements filed of record.  There is a Maple water supply line that
transverses the property to one of the adjacent residential properties.

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.