Co Rd 72, Lockney, TX 79241
Co Rd 72, Lockney, TX 79241
Co Rd 72, Lockney, TX 79241
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$424,575
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333 Acres Lot
Active

Co Rd 72 Lockney, TX 79241

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Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202551778

Lot Size 333.000 Acres

Acres 333.0

Property Sub-Type Unimproved Land

Source Lubbock Association of REALTORS®

Property Description

This 333-acre property in Floyd County, Texas, offers a prime investment opportunity for agriculture, conservation, and recreation.
268.52 acres are currently enrolled in the Conservation Reserve Program (CRP) until 2032, generating $33.59 per acre annuallya higher rate than many other CRP contracts.
The property has county road frontage on the south and west sides, providing excellent accessibility.
Electricity is available, and the area is surrounded by productive irrigated farms, presenting future irrigation potential.
With cattle prices at all-time highs, this could be a great opportunity to convert the land back into pasture for grazing operations.
Beyond agriculture, this land offers outstanding hunting. The area is known for several established mule deer herds, excellent waterfowl hunting, sandhill crane, quail, and pheasant.

Location

State TX

County Floyd

Area Floyd County

Direction Lockney, TX: Approximately 17.3 miles south via FM 598. Plainview, TX: Approximately 31 miles west. Silverton, TX: Approximately 14 miles northeast via SH 86 and FM 598.

Rooms

Basement Basement

Exterior

Utilities Available Electricity Available

Building

Lot Description Rectangular Lot

New Construction No

Others

Tax ID R000005042

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Standard


Listed by Western Heritage Realty/Invest

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Matt Wolfe

Matt Wolfe

Agent | License ID: 766624

+1(806) 601-1444

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Co Rd 72