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 “Stobaugh Farm”, is a productive farm with information below.
LOCATION North west corner of FM 922 at CR 353
ACREAGE 216.8 +/- acres
PRICE PER ACRE $4,000
TOTAL PRICE $867,200
WATER 2 Wells. 3 ponds.
ELECTRIC Lines on the property.
FENCES Good fence on west boundary, fair on south boundaries. Poor fencing on east and north boundary.
VEGETATION Native grasses on lay-out land. 44.69 acres in cultivation.
MINERALS No minerals to convey. No current production on property.
EASEMENTS Standard electric line easements.
IMPROVEMENTS 2 Water wells Barn. 3 Ponds.
DO NOT ENTER PROPERTY WITHOUT AN APPOINTMENT