Pending

159 Co Rd 4360

Munday, Texas 76371

$320,000 $1,349/Mo

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Overview

159

Acres(Lot)

Description

The Watson farm in Knox County Texas is located between the community of Rhineland and Munday TX! This farm has been actively farmed by the same tenant for over 40 years, while producing a steady income for the current owners and tenant.? Land & Soil The land is mostly flat and has a slight elevation drop from the west to east on the farm.? The soil profile is predominantly Miles sandy loam but has roughly 55 acres of Rotan Clay loam on the east side of the farm. Improvements & Water The farm at one time had a residence on the property and was moved to town in the 50’s but there are some remnants of the old foundation and an older shed.?The farm has three water wells on the land, One of these wells is used only for livestock water when the tenants graze cattle on the farm. (Pump in cow water well is owned by neighbor)?Two of the irrigation wells produce roughly 75 to 90gpm combined per the tenant. Single phase power is available around the farm on the west, south and north side. Crops? The farm has been in a cotton, wheat, haygrazer rotation. The tenants have grown roughly 20 acres of irrigated cotton during the summer time and have occasionally planted 50-75 acres of dry-land cotton when the prices were conducive. Minerals The sellers are offering all the surface minerals including wind, water and solar with an acceptable offer. The sellers are not conveying any oil & gas minerals with the sale. Notes This farm has been a productive property for many years and would be a great location for anyone looking to build a house or have a small farm in the country with all the amenities right there! Single phase power is available on three sides of the land and there is a great tenant farmer in place!?Currently the farm is leased and planted in winter wheat.?There is a small transmission line that runs through the west side of the farm going North to South.

Property Details

Property Type : Land

Price : $320,000

AD Id : 76065555

MLS Id : 553919599

Lot Size : 159 Acres(Lot)

County : Knox

Subdivision: Gateway Parks

Map

What's Nearby

Nearby Areas

Features

Utilities

Co-op Electric,Dirt

Lot Information

Lot Size (Acr): 159.0000 Lot Size Units: Acres Lot Size Square Feet: 6,926,040 Lot Features: Acreage,Agricultural
Property Information

Property Type: Land Property Sub Type: Unimproved Land Subdivision: farm City: Munday State: Texas Directions: Farm is located just north of Munday off FM 2811, Turn onto Co Rd 4360 and go east 1.5 miles to farm. Property Status: Pending Exclusions: cow water well/Pump etc, Tenants equipment

Listing Price Information

Original List Price: $320,000
Listing Information

Possession: Lease Outstanding,Negotiable

Tax Information

Parcel Number: 3348 Unexempt Taxes: $710

Homeowners Association Information

HOA Type: None

School Information

Elementary School: Munday High School: Munday Junior High School: Munday School District: Munday CISD
Utility Information

Utilities: Co-op Electric,Dirt

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
TBD Co Rd 4313, Munday, TX, 76371	$300,000	--	--	--	100 Acres(Lot)

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ByOwner last updated this listing 06/06/2026 @ 17:22

MLS: 553919599 LISTED BY: J. Travis Hawkins, KW SYNERGY* 325-370-3710 SOURCE: NTREIS - North Texas Real Estate Information