Hobert South Farm

Description

Hobert South Farm is a prime income-generating property that also has the potential to be an excellent homesite if desired. Situated along FM 267, just 8 miles east of Benjamin, Texas, the property includes two wind turbines. The wind rights will be transferred to the new owner, ensuring a reliable source of quarterly income from these turbines for years to come.

The property spans approximately 232 acres of fertile, cultivated land, which generates a substantial income from crop production or grazing. However, 50 acres in the southwest corner occasionally forms a playa lake during rainy seasons because of the clay soil composition. There are also 20 acres of native grass, which includes a 5.5-acre fenced trap located on the north side. This trap features a suitably sized pond, creating a peaceful environment for both livestock and wildlife.

The owned oil and gas minerals will also be included at an acceptable price. Tri-County Electric Co-Op power lines are situated on the east side along the FM road, providing easy access to electricity.

This property offers the advantages of quiet country living while being near several charming rural communities. Furthermore, it presents opportunities for income from wind energy, farming, and ranching. Contact me today to learn more about this unique opportunity.

-- IMPROVEMENTS --

• Fences ~ 5-strand barbed wire perimeter fence and cross fencing in good condition; No dividing fence on the north side
• Utilities ~ Tri-County Electric Co-Op access on the east side; possible water access one mile to the north on Hwy 82

-- WATER, COVER & TERRAIN --

• Surface Water ~ Pond approximately .5 acre when full
• Cultivated Land ~ 92% of property - currently planted in winter wheat
• Playa Lake ~ Approximately 50 acres in SW corner during rainy seasons.
• Native Pasture ~ 8% of property - native grasses 
• Soils ~ Sagerton CL; Rotan CL; Randell Cl; Aspermont SCL; Wichita CL

-- MINERALS & WIND --

• Mineral Rights ~ Owned minerals convey at an acceptable price
• O&G Production ~ No active production
• Wind Rights ~ Wind rights convey
• Wind Production ~ Two active turbines on the property

-- ACCESS & DISTANCES --

• Road Frontage ~ .85 mi frontage FM 267 on east side
• Nearby Towns ~ 3.5 mi N of Rhineland; 8 mi E of Benjamin; 9.5 miles NW of Munday; 24 mi W of Seymour
• Major Cities ~ 76 mi SW of Wichita Falls and 85 mi N of Abilene
• Airports ~ 12 mi NW of Munday Municipal; 28 mi W of Seymour Municipal; 131 mi E of Lubbock Preston Smith International Airport

   

  AGENT COMMENTS: 

  Contact me today to acquire this outstanding income-producing property. Once proof of ownership is provided, the wind contract can be immediately transferred to the buyer. Please note that the ranch is currently leased to a local farmer until September 30, 2025. If a sale occurs, the remaining lease will be prorated to the buyer at closing, offering additional cash flow.

Listing Agent -- Kathy Bailes (940)-256-4958

Additional Notices & Disclaimers: Campbell Farm & Ranch welcomes all cooperating agents and brokers. Cooperating Agents and Brokers must make "first contact" with the listing agent and be present at all showings to fully participate in the commission split. Commission split is at Campbell Farm & Ranch LLC's sole discretion. No Trespassing--Don't hesitate to contact a Campbell Farm & Ranch team member for a showing. All information in this advertisement is understood to be accurate and reliable but is not guaranteed. Please verify all information before using the information for decision-making purposes. All listing information is subject to errors, omissions, price changes, terms changes, or removal from the market without notice. Campbell Farm & Ranch presents all offers; the seller has the right to refuse any offer, review multiple offers, and accept backup offers.