Lamb County CRP

This attractive income-producing property is located northwest of Lubbock, in a rapidly growing area that appeals to those seeking a peaceful lifestyle outside the city limits. The property boasts accessible all-weather roads, enhancing its appeal and usability. The land is predominantly flat with fertile soils, ideal for various agricultural pursuits. It features three older irrigation wells, the condition of which is currently unknown, offering potential for further agricultural development. Currently, the property generates an annual income of $8,264, equating to $50.81 per acre, through a CRP (Conservation Reserve Program) contract that remains in effect until 2031. This provides a stable revenue stream while keeping carrying costs remarkably low, with annual property taxes amounting to only $288.98. With its versatile landscape, this property presents numerous possibilities for agriculture, recreational activities, or as a homestead, all while being conveniently close to Lubbock. Disclaimer: The information provided has been obtained from the owner and other reliable sources. However, Clift Land Brokers and the owner make no warranties or guarantees regarding the accuracy of the data. Prospective buyers are encouraged to verify all information through independent investigations. Buyers Agents must be identified upon first contact and must accompany any prospective buyers during all property showings.