168.55 (+/-) acres in Wharton County

LOCATION: 

This property is located on CR 361.  1.3 miles west of FM 1160.  7.5 miles north of Louise & Hwy 59.  8 miles west of El Campo.

DESCRIPTION AND IMPROVEMENTS:

Rectangular in shape with ¼ mile of frontage on CR 361.  The property has approximately 25 acres of oak timber with the balance being farmland or native pasture.  Being a partition of a larger tract, the property is fenced on three sides, with the fence being new to good condition. Upon sale a one mile division fence will need to be constructed.

AGRICULTURAL USE:

This property is currently being used for pasture. It was once an irrigated rice farm and could easily be converted back into farming. There are approximately 135 acres of historical farmland. This tract is operated out of the Wharton County USDA / FSA Office under farm number 7216 and is combined with the adjoining tract to the north. Upon sale, the farm number will be reconstituted and assigned a new farm number as well as a portion of the 109.3 acres of Rice Base. The amount of base to be assigned is to be determined, but is estimated to be 72 acres, more or less.  The exact number of cropland acres and base to be assigned, upon reconstitution, will be determined by the USDA / FSA office.  This is excellent pasture and farmland with an added recreational value of deer and dove hunting.

COMMENTS:

The majority of the soils are Bernard Edna Complex and some Edna Fine Sandy Loam. The property does not appear to be located in any flood hazard zone, but a potential buyer needs to make that determination from his own research. This tract is conveniently located with good county road access, is excellent pasture, or can easily be converted back into agricultural production.

**Buyers agent must be identified on first contact and must be present at initial showing of the property listing to the prospective buyer, in order to participate in real estate commission. If this condition is not met, fee participation will be at sole discretion of Reata Realty and Management Company.
***The information and values contained in this report were obtained from sources deemed reliable. Reata Realty and Management Company, it’s principals, members, officers, associates, agents and employees do not guarantee the accuracy of this information. The information contained herein is subject to changes, errors, omissions, prior sale, withdrawal of property from the market without prior notice. Prospective buyers should verify all information from their own sources and satisfaction. No representation is made as to the possible value of this property or improvements as listed in this report. Prospective buyers should consult with their tax and legal advisors before making a final determination to value or decision to purchase.

PRICE: 4500/acre.  

Additional Details

Bedrooms: 0
Bathrooms: 0
Property Type: New Listing
County: Wharton