This property in Morton County, KS offers steady income with 158.3 acres enrolled in CRP, generating $4,432 annually through 2030, as well as $1,000/year from two gas wells. Just 2 miles off the blacktop and near Cimarron National Grassland, come check out this great investment property.
Land
Sitting 2 miles north of the blacktop, this 158.3-acre property, enrolled in the Conservation Reserve Program (CRP), provides a dependable yearly income of $4,432 through September 30, 2030. The CRP program focuses on sustainable land management, ensuring both financial returns and ecological benefits. Create additional annual income with an annual hunting lease. Situated in Morton County, Kansas, this property offers an excellent investment opportunity for those seeking steady income and sustainable land use. Additionally, there are two gas wells producing approximately $1,000 of income each year. The water rights File # 9116 provide opportunities for water use on 160 acres with 320 acre feet at 580 gallon per minute. The land benefits from its proximity to the vast Cimarron National Grassland consisting of over 100,000 acres of public hunting access, providing numerous recreational opportunities.
Whether you're an investor looking for a stable revenue stream from gas production royalties or a landowner interested in conservation practices, this property delivers substantial benefits.
Legal Description: S10, T31, R40W, Acres 157.7, SW LESS ROW
Farm Data:
CRP Data
158.30 Acres enrolled in CRP Program at $28/acre
Yearly Payment: $4,432.00
Effective Start Date: 10/01/2020
Expires: 9/30/30
2024 Real Estate Taxes: $158.65
Average Yearly Rainfall: 18 inches
State Hunt Unit: 18
Closest Town: Richfield
Directions:
From Ulysses, head west onto US-160 E for 11 miles, Follow S Big Bow Grade and E Rd 25/Dd Blvd to 22 Rd in Richfield Township, then turn south onto 22 rd for 1.5 miles and the property is to the east.
Location/Populations:
13 miles north of Richfield, Kansas (Population: 27)
18 miles north of Rolla, Kansas (Population: 380)
20 miles south of Johnson City, Kansas (Population: 1,334)
32 miles southwest of Ulysses, Kansas (Population: 5,616)