Mitchell County Land Auction
Tract 1 is on the north side of SH 350. This rolling dryland farm has a total of 274 +/- acres with approximately 230 acres in cultivation. County Road 286 runs along the north side of this tract.
Tract 2 sits on the south side of SH 350 and contains approximately 167 acres of rolling grassland and expired CRP land. There is a solar well in the NE corner of this tract. This is an excellent location for a country home. It has good brush and cover for wildlife throughout the tract, creating good recreational and hunting opportunities.
Possession will be given at closing, with the exception of Tract 1 where possession is subject to the Crop Share Lease that will be signed by the Buyer at closing. This lease will cover the period from closing to the current cotton crop harvest. The Buyer of Tract 1 will receive the 25% crop share for the 2022 cotton crop.
Minerals will be sold in two tracts (Tract 3 and Tract 4). These tracts may be combined with other tracts. The Net Mineral Acres are estimates and will be more precisely determined by a Mineral Title Report.
Tract 3 - 227.50 Net Mineral Acres under Surface Tract 1. See Mineral Report Tracts 1 and 3 in Documents.
Tract 4 - 42.99 Net Mineral Acres under Surface Tract 2. See Mineral Report Tracts 2 and 4 in Documents.