Agricultural Property Profile
Agricultural Property Profile Hancock Ranch * Hall County, Texas
Hancock Ranch Profile
CONTENTS PROPERTY OVERVIEW .................................................................................................................................... 3 LOCATION ........................................................................................................................................................ 4 IMPROVEMENTS ............................................................................................................................................. 5 GOVERNMENT PROGRAMS ............................................................................................................................ 6 ACCESS............................................................................................................................................................. 6 TAXES .............................................................................................................................................................. 6 MINERAL RIGHTS ............................................................................................................................................ 7 SALES PRICE ..................................................................................................................................................... 7 CONTACTS ....................................................................................................................................................... 7 APPENDIX ........................................................................................................................................................ 8 MAPS Area Roadways Aerial Map Contour Map Soils Map PHOTOS AREA DEMOGRAPHICS
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Hancock Ranch Profile
PROPERTY OVERVIEW The Hancock Ranch, 2,716 acres of native grassland, is situated in the southeastern Texas Panhandle in an area that enjoys a river-bed buffer from neighboring properties on its north, south and eastern boundaries, along with a high fence along its western boundary. Approximately 1,400 acres of additional grassland, accreted from changes in the river courses over many years, abuts the eastern end of the property. This accreted area is fenced and watered. It is accessible for grazing and hunting practically by only the owner of the ranch. The secluded location of this property makes it one of the most suitable ranches of its size for managed hunting anywhere in the Texas panhandle. Bounded by the Prairie Dog Town Fork of the Red River (locally known as the “Big Red”) on the north, and the south bank of the Little Red River in on the south, the property enjoys fairly constant subsurface water table levels regardless of rainfall fluctuations. Grass availability for livestock and wildlife habit is therefore consistent and not affected by variations in weather conditions to the extent of most other Panhandle properties. Native grasses consisting primarily of sand dropseed, alkali sacaton, and various grama grasses provide abundant grazing and wildlife habitat. Approximately 116 acres, previously in the government CRP program, is currently classified by FSA as cropland and could be planted in specific wildlife attraction crops. Wildlife includes quail, turkey, dove, and deer (mule deer & 3
Hancock Ranch Profile whitetail). Historically, the ranch has consistently supported approximately 150 cow/calf units annually, with peaks reaching 200. The property is fully developed for livestock production with excellent permanent fencing, water facilities supported by the rural water supply coop, working corrals & handling facilities, and roadways throughout.
LOCATION Located in Hall County, the ranch is easily accessible from area airports. The closest commercial airport to the property is located at Amarillo, Texas (approximately 97 miles). The closest private airports to the property are located in Clarendon, Texas (approximately 37 miles), and Childress, Texas (approximately 45 miles). The Childress airport features a lighted, paved, 6,000-foot runway. Clarendon’s airport runway is also paved and 4,500 feet in length.
Lakeview
Estelline
4
Hancock Ranch Profile To drive to the ranch from Childress, head northwest on Hwy 287 to Hwy 86 (approximately 16 miles) , west on Hwy 86 to FM 657 (approximately 21 miles), north on FM 657 to ranch entry road (approximately 7 miles), and east along the unpaved road to the ranch entrance (approximately 1 mile). It is approximately 45 miles from Childress. To drive to the ranch from Clarendon, head south on Hwy 70 to FM 256 (approximately 18 miles) , east on FM 256 to FM 657 (approximately 9 miles), south on FM 657 to ranch entry road (approximately 9 miles), and east along the unpaved road to the ranch entrance (approximately 1 mile). It is approximately 37 miles from Clarendon. To drive to the ranch from Amarillo, head southeast on Highway 287 to Clarendon and follow the directions above from Clarendon to the ranch. It is approximately 97 miles from Amarillo.
IMPROVEMENTS The ranch’s north, south & east boundaries are fenced with well-maintained barbed wire fencing. The west boundary is high-fenced. Additionally, the perimeter of the adjacent accreted land is fenced. A set of steel corrals with multiple pens and loading/unloading facilities is located near the center of the property. An underground piping system distributes water to various livestock tanks and ponds throughout the property and adjacent accreted land. Water is purchased from the Red River Water Authority of Texas. Electric power is available about ½ mile west of the property and can be readily extended to the property if desired. The electrical provider is Lighthouse Electric Coop headquartered in Floydada, Texas, with a local office in Memphis, Texas.
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Hancock Ranch Profile
GOVERNMENT PROGRAMS Government programs governing this property are administered through the FSA office located in Memphis, Texas. The property is designated as Farm No. 2417, Tract 1411. The following FSA-156EZ report sets forth summary information on file at FSA.
ACCESS Access is via an unpaved roadway off FM 657 through adjacent property. An established easement, in use for more than 20 years, is documented in 2006 correspondence between the landowners.
TAXES Property taxes for the year 2012 were approximately $ 1,432.79.
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Hancock Ranch Profile
MINERAL RIGHTS Current owner owns twenty five percent (25%) of mineral rights, and will convey ½ of such rights (i.e. 12.5% of total mineral rights) to purchaser. All water rights and wind rights convey.
SALES PRICE Lump Sum Amount - $ 2,037,165.00
CONTACTS To obtain additional information or to arrange an appointment for a site visit, please contact: Jodie Rapp
Ph (Off): (512) 551-9580
E-Mail: [email protected] Ph (Mob): (806) 236-1453
NOTICE: Prospective purchasers are urged to conduct such independent investigations through consultation with legal counsel, accountants, investment advisors, or otherwise as necessary to evaluate and form conclusions regarding the information contained herein. While the data and descriptions have been provided by sources deemed reliable, they are subject to errors and omissions, and their accuracy is not guaranteed. Neither Legacy Ag Group, LLC, nor Owner make any express or implied representation or warranty as to the correctness of such data or descriptions. The offering is subject to prior sale, change of price, and other changes in terms or conditions. Seller, at its sole discretion and without prior notice, may withdraw this property from sale in whole or in part.
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Hancock Ranch Profile
APPENDIX Maps Area Roadways Aerial Map Contour Map Soils Map
Photos Area Demographics
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Hancock Ranch Profile
CONTENTS PROPERTY OVERVIEW .................................................................................................................................... 3 LOCATION ........................................................................................................................................................ 4 IMPROVEMENTS ............................................................................................................................................. 5 GOVERNMENT PROGRAMS ............................................................................................................................ 6 ACCESS............................................................................................................................................................. 6 TAXES .............................................................................................................................................................. 6 MINERAL RIGHTS ............................................................................................................................................ 7 SALES PRICE ..................................................................................................................................................... 7 CONTACTS ....................................................................................................................................................... 7 APPENDIX ........................................................................................................................................................ 8 MAPS Area Roadways Aerial Map Contour Map Soils Map PHOTOS AREA DEMOGRAPHICS
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Hancock Ranch Profile
PROPERTY OVERVIEW The Hancock Ranch, 2,716 acres of native grassland, is situated in the southeastern Texas Panhandle in an area that enjoys a river-bed buffer from neighboring properties on its north, south and eastern boundaries, along with a high fence along its western boundary. Approximately 1,400 acres of additional grassland, accreted from changes in the river courses over many years, abuts the eastern end of the property. This accreted area is fenced and watered. It is accessible for grazing and hunting practically by only the owner of the ranch. The secluded location of this property makes it one of the most suitable ranches of its size for managed hunting anywhere in the Texas panhandle. Bounded by the Prairie Dog Town Fork of the Red River (locally known as the “Big Red”) on the north, and the south bank of the Little Red River in on the south, the property enjoys fairly constant subsurface water table levels regardless of rainfall fluctuations. Grass availability for livestock and wildlife habit is therefore consistent and not affected by variations in weather conditions to the extent of most other Panhandle properties. Native grasses consisting primarily of sand dropseed, alkali sacaton, and various grama grasses provide abundant grazing and wildlife habitat. Approximately 116 acres, previously in the government CRP program, is currently classified by FSA as cropland and could be planted in specific wildlife attraction crops. Wildlife includes quail, turkey, dove, and deer (mule deer & 3
Hancock Ranch Profile whitetail). Historically, the ranch has consistently supported approximately 150 cow/calf units annually, with peaks reaching 200. The property is fully developed for livestock production with excellent permanent fencing, water facilities supported by the rural water supply coop, working corrals & handling facilities, and roadways throughout.
LOCATION Located in Hall County, the ranch is easily accessible from area airports. The closest commercial airport to the property is located at Amarillo, Texas (approximately 97 miles). The closest private airports to the property are located in Clarendon, Texas (approximately 37 miles), and Childress, Texas (approximately 45 miles). The Childress airport features a lighted, paved, 6,000-foot runway. Clarendon’s airport runway is also paved and 4,500 feet in length.
Lakeview
Estelline
4
Hancock Ranch Profile To drive to the ranch from Childress, head northwest on Hwy 287 to Hwy 86 (approximately 16 miles) , west on Hwy 86 to FM 657 (approximately 21 miles), north on FM 657 to ranch entry road (approximately 7 miles), and east along the unpaved road to the ranch entrance (approximately 1 mile). It is approximately 45 miles from Childress. To drive to the ranch from Clarendon, head south on Hwy 70 to FM 256 (approximately 18 miles) , east on FM 256 to FM 657 (approximately 9 miles), south on FM 657 to ranch entry road (approximately 9 miles), and east along the unpaved road to the ranch entrance (approximately 1 mile). It is approximately 37 miles from Clarendon. To drive to the ranch from Amarillo, head southeast on Highway 287 to Clarendon and follow the directions above from Clarendon to the ranch. It is approximately 97 miles from Amarillo.
IMPROVEMENTS The ranch’s north, south & east boundaries are fenced with well-maintained barbed wire fencing. The west boundary is high-fenced. Additionally, the perimeter of the adjacent accreted land is fenced. A set of steel corrals with multiple pens and loading/unloading facilities is located near the center of the property. An underground piping system distributes water to various livestock tanks and ponds throughout the property and adjacent accreted land. Water is purchased from the Red River Water Authority of Texas. Electric power is available about ½ mile west of the property and can be readily extended to the property if desired. The electrical provider is Lighthouse Electric Coop headquartered in Floydada, Texas, with a local office in Memphis, Texas.
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Hancock Ranch Profile
GOVERNMENT PROGRAMS Government programs governing this property are administered through the FSA office located in Memphis, Texas. The property is designated as Farm No. 2417, Tract 1411. The following FSA-156EZ report sets forth summary information on file at FSA.
ACCESS Access is via an unpaved roadway off FM 657 through adjacent property. An established easement, in use for more than 20 years, is documented in 2006 correspondence between the landowners.
TAXES Property taxes for the year 2012 were approximately $ 1,432.79.
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Hancock Ranch Profile
MINERAL RIGHTS Current owner owns twenty five percent (25%) of mineral rights, and will convey ½ of such rights (i.e. 12.5% of total mineral rights) to purchaser. All water rights and wind rights convey.
SALES PRICE Lump Sum Amount - $ 2,037,165.00
CONTACTS To obtain additional information or to arrange an appointment for a site visit, please contact: Jodie Rapp
Ph (Off): (512) 551-9580
E-Mail: [email protected] Ph (Mob): (806) 236-1453
NOTICE: Prospective purchasers are urged to conduct such independent investigations through consultation with legal counsel, accountants, investment advisors, or otherwise as necessary to evaluate and form conclusions regarding the information contained herein. While the data and descriptions have been provided by sources deemed reliable, they are subject to errors and omissions, and their accuracy is not guaranteed. Neither Legacy Ag Group, LLC, nor Owner make any express or implied representation or warranty as to the correctness of such data or descriptions. The offering is subject to prior sale, change of price, and other changes in terms or conditions. Seller, at its sole discretion and without prior notice, may withdraw this property from sale in whole or in part.
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Hancock Ranch Profile
APPENDIX Maps Area Roadways Aerial Map Contour Map Soils Map
Photos Area Demographics
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