$447,300
298.2± Acres
New Listing
Trego County, Kansas

298 +/- Acres of Grazing Pasture With Immediate Possession, Live Water, & Oil Income in Trego County, KS

ID: 76992
Status: New Listing
Price: $447,300
Acres: 298.2±
Price Per Acre: $1,500
Type: Ranches, Farms
Address: 00000 390th Ave
City, State: Wakeeney, Kansas
County: Trego
ZIP Code: 67672
Presented By: Greg Bieker

Description

298 +/- Acres of Grazing Pasture With Immediate Possession, Live Water, & Oil Income in Trego County, KS

Legal Description: W/2 S31, T11, R22

Property Description: Located less than 5 minutes Northeast of WaKeeney, KS in Trego County, is this excellent half-section of native grass grazing pasture with bonus oil income. Western, KS has long been known as cattle country and some of the best cattle raised in Trego County have summered in this pasture. The excellent grass growth, crystal-clear live water source, easy access, and passive oil income, make this pasture an excellent addition to a producer's portfolio.

  • Cattle Working Facility- Allows for easy working and loading of cattle.
  • Water Source- Running water via spring fed stream provides nearly 300 yards of live water.
  • Immediate Grazing Possession- 2024 Tenant has been terminated, pasture will be available to new owner immediately.
  • Excellent Winter Moisture- Property received 4" of rain in November 2024 and an additional 10"+ of snow in January and February 2025.
  • Fencing- 4 wire fence on North, West, and South side in fair condition, 3 wire fence along East side is fair to poor.

Mineral Rights: Pass with the sale

Oil Royalty Interest: .15625

Oil Royalty Income: $3,867.50 In 2024

Tenant Rights: Available for IMMEDIATE POSSESSION.

Tenant Lease: Property currently has oil production lease. This lease agreement shall be honored by the future buyer.

Property Taxes: $598.41

Driving Directions: At Exit 128 along Interstate 70, travel North through the East side of WaKeeney, KS along 13th Street approximately 1.25 miles to JCT Ave/Hixon Rd. Turn East on JCT Ave/Hixon Rd. and travel 3 miles to 290th Rd. Travel North 1 mile to the SW corner of the property.

Key Features:

-Immediate Grazing Possession

-Producing Oil Well Royalties

-Live Water

-Mineral Rights Included

-Cattle Working Corrals

-Less Than 5 Minutes From WaKeeney, KS

-Just 3 Miles North Of Interstate 70

Ask Greg About This Property

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