Game is trophy mule deer, blue and Bob White quail, dove, coyote, bobcat, sandhill crane, and occastional feral hogs. This is a good game ranch. There is a mule deer season.
Ranching capabilities: Carrying capacity is about 88 mother cows (AUYL). Exterior fences are barbed wire and in exceptional condition. There are no interior fences of note.
The taxes for 2008 for both Gaines and Dawson Counties was $869.44. The ranch qualifies for agricultural use assessment in each county.
Revenue on the ranch comes from several sources. Cattle grazing $14,700 annually,; Salt water disposal well $12,000 minimum; Deer hunting $10,000; Quail hunting $4,000; Dove hunting $2,000; Caliche sales average $5,000; Land damage $12,300. The income is very sporadic from oil company operation and can be nil one year and out of sight the next. Caliche sales usually run with land damages, sporadic. This is a big oilfield with a lot of activity. The grazing and hunting is steady and hunting can be expanded. This makes for a conservative $60,000 average. The estimated gross income is from owner records and market pasture rates on grazing.
Buyer must arrange financing (cash to seller).
Cooperating brokers welcome.
GLYNN R. CHANDLER
Real Estate Broker
Texas & New Mexico Certified Appraiser
116 SW Ave. B, Seminole, TX 79360
Established 1968
Office 1-800-765-6942 or Office 432-758-3815
Mobile 432-788-7152 Fax 432-758-1913
[email protected]
