Exceptional Opportunity – Multi-Use Farm with Great Location
includes Mineral Rights
521 Acres Located In Archer County, TX,
40 Miles SW of Wichita Falls,120 Miles NW of Ft. Worth
Owned And Operated By Same Family For Almost 100 Years
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Location: The farm is located in Archer County, Texas, on Farm/Ranch Road 210, three miles North of Megargel. It is about 120 miles Northwest of Ft. Worth and 45 miles Southwest of Wichita Falls. Nearest cities and communities include Megargel; Olney (14 miles East); Seymour (20 miles West) and Archer City (20 miles Northeast).
Total acreage in the farm is 521 acres + /-. It contains about 334 acres in cultivated land, 184 acres in pasture and 2.5 acres for house, buildings and corrals. Pasture is a combination of improved and native. Brush has begun to invade some of the previously cleared, improved pastures. Also some of the cropland is being used for seasonal grazing. The only cash crop currently grown is wheat. The farm has a wheat base of 197 acres and a grain sorghum base of 51 acres.
Most of the acreage is available by paved highway; the remainder fronts on rock or gravel roads. It has been owned and operated by the same family since 1913.
The farm provides a variety of income/recreational opportunities including crop production, cattle and hunting (deer, turkey, dove, quail, hogs).
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House: About 2,250 square feet; central h/ac; two full baths; two bedrooms; large den-living area; smaller den off kitchen. All utilities – rural water, electric co-op, telephone, satellite TV hookup, almost new septic tank. House is located on paved highway.
Buildings: Outbuildings include a large metal show with power, concrete floor, and two large sliding doors; and two large implement and/or
hay barns.
There is a barn attached to a corral with grain/storage bins, large implement /hay storage area, and covered feed/hay trough attached to barn; and corrals, working pen, loading ramp and chute area; and a circular grain storage bin. There are also numerous other buildings, corrals, etc. located throughout the property.
School District: Olney, Texas ISD. The Megargel School closed a few years ago. Acreage is about 15 miles from Olney.
Taxes: Young County, School Taxes - $988.76; Archer County, Property Taxes - $579.80
Minerals: Includes executive rights and 50% royalties
Price: $2,000/acre
Call Gene Fichte at 817.925.8716 or email Gene Fichte.
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