K-B Farms is liquidating all of their real estate holdings in southwestern Cooke County, near the Era and Hood Communities. 14 different tracts are being sold by sealed bid, with all bids being presented to the sellers on October 11, 2017. Please see the “Bid Information” sheet attached for more information, or contact the listing agent, Jared Groce, for more information. Buyers may offer any amount, but offers below $4000 per acre might not be considered by the sellers.
This property, known as the “South Barns Farm”, is a productive farm with information below.
LOCATION: 1500’ south of the corner of FM 1198 and CR 338 on the east side on FM 1198
ACREAGE: 100 +/- acres
PRICE PER ACRE: $4,000
TOTAL PRICE: $400,000
WATER: Windmill well (currently unoperative). Pond. Grasshopper Creek.
ELECTRIC: Lines on FM 1198. No meter on the property.
FENCES: Good to excellent barbed wire fence. Cross fenced from grass to cultivation
VEGETATION: Native grasses on lay-out land. 21.5 acres in cultivation.
MINERALS: No minerals to convey. No current production on property.
EASEMENTS: Standard electric line easements. Pipeline easement.
DO NOT ENTER THE PROPERTY WITHOUT AN APPOINTMENT.