Property is only being sold through seller financing.
Owner Financing Offered At: - Property is being sold with 100% seller financing.
5.75% interest rate
20 year full amortization
Loan closed to prepayment. Loan may be assumed if buyer sells property
Related Party – Broker is a related party to subject property.
Acres – 191.08 acres according to survey dated April 8, 2014 prepared by 1519 Surveying, LLC.
Fencing – Two sides fenced in good condition.
Water – Nearest water well is across the fence.
Electricity – Navasota Valley Electric Coop.
Easements – Brazos Valley Electric has an electric easement that follows the frontage road. The seller shall have a 40’ water line easement that crosses the property surveyed. A title report will determine any other easements not known to Seller.
Minerals – Seller reserves all owned minerals.
Restrictions – No mobile or manufactured homes. RV’s are acceptable if used solely as Buyers permanent or temporary domicile. No excavation of sand and gravel. Not to be used as a landfill, scrapyard or have commercial livestock feedlots. No environment toxins buried on the property. Solar farms are allowed.
Current Use – Privately owned and leased out for farm and ranching. Lease has termination rights if Buyer desires to use the property. Existing tenant is interested in signing an additional 5 year lease at any time.
Highest & Best Use – Uses have been crops, stocker calves on winter oats and cow/calf operation on Coastal Bermuda.
Texas Farm and Ranch Realty dba Dube’s Commercial, Inc., does not make any representations or warranties expressed or implied as to the accuracy of this information. All sources are deemed reliable.