80± Acres – Bailey County (Contract Pending)

We are pleased to present the exclusive listing of this 80+/- tract of grassland in Bailey County. Just outside Muleshoe, this property is a tremendous opportunity for a new owner to have an income producing asset, a site to build a dream home, or whatever else they may want to do!

Location:

Just northwest of Muleshoe, this tract is situated just off the highway, and has easy, paved access to it via 3125 running East and West along its northern border.

Land (soil/slope):

The land is made up of multiple soil types, with Zita fine sandy loam being most common, covering around 44 acres
of the property (55%) with a 0-1% slope. Amarillo fine sandy loam is the next most prevalent, with roughly 25 acres and 31% coverage. Midessa fine sandy loam and Portales loam can also be found in some parts of the property.

Water:

There is one well on the North side of the property, however it has been abandoned for some time, and the seller believes it to be most likely dry.

Improvements:

There are no improvements other than the well on the land, however there is a spot where a house used to sit until it burned down many years ago.

Hunting/Farming/CRP:

The 77.9 acres of the land is currently enrolled in the Prairie Chicken Program, and is producing a total of $3,748.55/year, or $48.12/acre. The current contract runs through September 30th, 2026.

Taxes:

Per current information, the annual taxes on the land are $253.48/year.

Price:

The property is listed at $96,000, or $1,200/acre.

Notes: Buyer is encouraged to conduct their own due diligence prior to purchasing. All info listed above is according to the best knowledge of the seller and other relevant sources. The TX Real Estate Group will not be held liable for any information found to be inaccurate during or after closing the buying process. All buyers agents must be identified on first contact and accompany buyers on all showings in order to be given full participation fee. If these requirements are not met, participation fee will be at the sole discretion of the TX Real Estate Group.