473 Acres in Dimmitt, TX - $473,000

NW CASTRO COUNTY CRP 473

State: Texas

Region: Panhandle

County: Castro

Property Type: CRP

Acres: 473 acres more or less

Taxes: $2,283.26

Price: $1,000.00 per acre

Location: NW of Dimmitt, Texas city limits approximately 10 miles.

A nice Conservation Reserve Program property, located 8.7 miles west of Dimmitt on Hwy 86 and 4.5 miles north on CR 505.

The property consists of 473 acres more or less with 412.8 acres enrolled in the Conservation Reserve Program at a rate of $40.24 per acre through September 30, 2014. The total annual payment is $16,611.00.

There is an excellent cover of grass which will be ready to graze cattle when the contract ends. A nearly new five strand fence was put up around the perimeter of the property three years ago. There are also three irrigation wells that could be brought back into production for irrigation. The wells are currently without pumps.

A buy...