DESCRIPTION: This 186.8+/- Acre Conservation Reserve Program Tract is located in north central Hockley County on US 385 and FM 597.  This farm has diverse topography for the area and is very accessible with paved frontage down the east boundary (US 385) and south boundary (FM 597).  The farm is in an area that has various types of use of land for agriculture production including cotton, grain sorghum, wheat, and grass for haying and grazing. This farm is currently in the conservation reserve program and planted to grass and would make a great place for recreation and hunting.  It is worth noting that the southern 2/3’s of the farm are in a Flood Zone A designation as the Yellow House Draw runs through the property.  With scenic views, diversity of terrain, relatively close proximity to Lubbock and Levelland, Texas this might be one to buy.

LEGAL DESCRIPTION: Being a 186.8 acre tract consisting of all of Labor 2, League 707 save and except a 1 acre tract outside of highway right of way (Highway easement recorded in Volume 65, Page 60 of the Hockley County Deed Records), said 1 acre tract recorded in Document 202500000315 of the Official Public Records of Hockley County, Texas, said 186.8 acres being further described as follows:

Beginning at a ½” iron pipe found in West FM 597 for the Southwest corner of said Labor 2;

Thence N.2°22’12”E. 2947.22 feet to a 1/2" With Cap - "C.E.C. 10194378” set for the Northwest corner of said Labor 2;

Thence S.87°21’45”E. 2780.41 feet to a mag nail with washer set in U.S. Highway 385 for the Northeast corner of said Labor 2;

Thence S.2°21’25”W. 1620.56 feet to a point in the West line of said Labor 2;

Thence N.87°33’01”W., at 60 feet pass a 1/2" With Cap - "C.E.C. 10194378” set for the Northeast corner of said 1 acre tract, in all, 277.29 feet to a found 1/2" rod for the Northwest corner of said 1 acre tract;

Thence S.2°24’52”W. 200.35 feet to a 1/2" With Cap - "C.E.C. 10194378” set for the Southwest corner of said 1 acre tract;

Thence S.87°38’35”E., at 217.8 feet pass a ½” rod found for the Southeast corner of said 1 acre tract, in all, 277.49 feet to a point in the West line of said Labor 2;

Thence S.2°21’25”W. 1124.82 feet mag nail with washer set in U.S. Highway 385 for the Southeast corner of said Labor 2;

Thence N.87°24’08”W. 2781.08 feet to the Point of Beginning and containing 186.8 acres including part of U.S. Highway 385 on the West and part of West F.M. 597 on the South.

TOPOGRAPHY: Tract has a fair amount of slope and Yellow House Draw runs through the bottom SW 1/3 of property which can serve as good wildlife funnel and also is a part of the property that provides some shelter from north wind in winter.  Yellow House Draw runs through the property which can flood during periods of excess rainfall.  Approximately the southern 2/3’s of the property is located in a FEMA Floodplain Symbol A, Zone Subtype A-100.  Approximately top 1/3 or remainder of the property is designated as a FEMA Floodplain Symbol C, Zone Subtype C.  FEMA Firmette included in Property Information Packet.

IMPROVEMENTS: There are currently no improvements on this property other than a few old irrigation well sites, condition unknown.  There is a home on the save and except portion of the tract that is not owned by the sellers and will not convey in the auction.

WATER FEATURES:  This property has the Yellow House Draw running through it that runs from Yellow Lake to the Northwest all the way to Yellow House State Park in north Lubbock to the Southeast.  This area can sometimes run during periods of flooding.  The property will at times have some water on it during rainy seasons in the lowest lying areas.

FENCING: There is currently no fencing on the property.

WILDLIFE, HUNTING AND RECREATION: Area is well suited for a variety of game such as mule deer, dove, quail, crane and geese.  With the Yellow House draw running through property, there is better than average habitat for birds and deer and the draw does serve as a natural wildlife funnel in the area.  There is storm runoff water through the property from time to time, offering the possibility to capture for wildlife habitat enhancement.

SOIL: Soils that comprise the tract consists primarily of Amarillo fine sandy loam, 0 to 1 percent slopes, Midessa and Posey fine sandy loams, 3 to 8 percent slopes, Bippus clay loam, 0 to 2 percent slopes, occasionally flooded, and minor soils consisting of Midessa fine sandy loam, 1 to 3 percent slopes, Estacado loam, 0 to 1 percent slopes, and Acuff loam, 0 to 1 percent slopes.

USDA INFO: Farm is currently enrolled in the USDA Conservation Reserve Program (CRP) through September 30^th, 2030.  Acres enrolled are 178.33 with an annual payment per acre of $37.00 or an overall annual payment of $6599.00.  FSA-156 available in Property Information Packet with details about base acres.

TAXES: $322.64 w/exemptions, $2036.36 without exemptions (2024)

RESERVATIONS: Seller warrants that this Property will sell without any other title reservations, including but not limited to mineral, wind, or solar reservations.

EASEMENTS: The sale of the property is subject to any and all easements filed of record.  SEE Survey marked in Property Information Packet for more information.

FURTHER REPRESENTATIONS: All information provided is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. Information is subject to change without notice.  There are no warranties either expressed or implied pertaining to this property. REAL ESTATE IS BEING SOLD "AS-IS, WHERE-IS" WITH NO WARRANTIES EXPRESSED OR IMPLIED. Please make all inspections and have financing arranged prior to the end of bidding. The property is available for and subject to sale prior to auction. By participating in this auction, Buyers hereby acknowledge that any bid(s) placed by them is a binding agreement to purchase the property, subject to the bid being approved and confirmed by Seller.

COMMENTS: Please call Monty Edwards to plan to view the property at 806-786-5426 or email him at monty@medwardsland.com.  

Online Auction Bidders Agreement

THIS IS A LEGALLY BINDING DOCUMENT. IF YOU DO NOT UNDERSTAND THE TERMS AND CONDITIONS AS SET FORTH HEREIN, PLEASE CONSULT AN ATTORNEY PRIOR TO SIGNING.

 I ___________________________________________________________ (Buyer) agree to immediately enter into a Purchase Contract if I am declared the high bidder (winning bidder) by the auctioneer during the following auction:

Description of Land (Full legal descriptions in Title Company).

Being a 186.8 acre tract consisting of all of Labor 2, League 707 save and except a 1 acre tract outside of highway right of way (Highway easement recorded in Volume 65, Page 60 of the Hockley County Deed Records), said 1 acre tract recorded in Document 202500000315 of the Official Public Records of Hockley County, Texas, said 186.8 acres being further described as follows:

Beginning at a ½” iron pipe found in West FM 597 for the Southwest corner of said Labor 2;

Thence N.2°22’12”E. 2947.22 feet to a 1/2" With Cap - "C.E.C. 10194378” set for the Northwest corner of said Labor 2;

Thence S.87°21’45”E. 2780.41 feet to a mag nail with washer  set in U.S. Highway 385 for the Northeast corner of said Labor 2;

Thence S.2°21’25”W. 1620.56 feet to a point in the West line of said Labor 2;

Thence N.87°33’01”W., at 60 feet pass a 1/2" With Cap - "C.E.C. 10194378” set for the Northeast corner of said 1 acre tract, in all, 277.29 feet to a found 1/2" rod for the Northwest corner of said 1 acre tract;

Thence S.2°24’52”W. 200.35 feet to a 1/2" With Cap - "C.E.C. 10194378” set for the Southwest corner of said 1 acre tract;

Thence S.87°38’35”E., at 217.8 feet pass a  ½” rod found for the Southeast corner of said 1 acre tract, in all, 277.49 feet to a point in the West line of said Labor 2;

Thence S.2°21’25”W. 1124.82 feet mag nail with washer set in U.S. Highway 385 for the Southeast corner of said Labor 2;

Thence N.87°24’08”W. 2781.08 feet to the Point of Beginning and containing 186.8 acres including part of U.S. Highway 385 on the West and part of West F.M. 597 on the South.

 Bidding Open & Close Dates/Times:

o   Online Bidding Opens on August 20th, 2025 at 5:00 PM CDT

o   Online Bidding Closes on September 17th, 2025 at 5:00 PM CDT

 By signing below, I agree that I have read and fully understand the Online Auction Bidders Agreement and the Terms and Conditions of this auction.

I fully understand and agree that an Online Auction Bidders Agreement MUST be signed and returned to the auction company, prior to being allowed to bid in the Online Auction.  As a bidder, it is solely my responsibility to contact the auction company at (806)686-6371 or the Auctioneer directly at (806)786-5426 with any questions regarding the auction, purchase agreement, or terms & conditions, prior to placing any bids in said auction. 

 Online Auction Terms & Conditions

1) Seller’s Confirmation: The property is being offered in an Online Only Auction, this is a reserve auction with all bids being subject to approval by Seller.

2) Auction Bidding Registration: Online bidder hereby acknowledges that they must be properly registered for the online auction by completing and signing the (Online Auction Bidders Agreement), which will be sent by email via DocuSign. Upon completing this registration form and receiving approval, bidding privileges will be turned on. If you need assistance with registration, you may contact Monty Edwards at (806)786-5426 or by email at Monty@MEdwardsAuction.com.  Seller(s) may at their sole discretion request additional registration requirements from any bidder unknown to them or the auction company.

3) Bidding Opens/Closes: The Online Only Auction (i.e. Internet Auction) bidding shall be opened and begin closing on the dates and times stated above.  

4) Property Preview: The property can be previewed by contacting the auction company at (806) 686-6371 or the Auctioneer directly at (806) 786-5426. Buyer agrees to indemnify, defend and hold harmless property owner from any damages resulting from Buyer's preview of the property. Property previews are encouraged prior to placing a bid in the auction. There may be cattle in the pasture, so please keep all the gates closed while inspecting. Please do not drive in tall grass to avoid fire hazard. Direct all questions to the auction company, see website for preview dates when staff will be onsite.

5) No Financing Contingency: By participating in this auction, bidders hereby agree that their bid shall NOT be subject to the bidder’s ability to obtain financing. By placing a bid in this auction, bidders are making a “cash offer” to purchase the property and financing is NOT a contingency in the purchase agreement.

6) Buyer’s Premium: A FIVE PERCENT (5%) Buyer’s Premium shall be added to the final bid price placed online, which will determine the Total Contract Sales Price. Bidders hereby understand that the Buyer’s Premium shall be added to the winning bid to create the Total Purchase Price for which they are obligated to pay for the property.

7) Purchase Contract: Winning bidder hereby agrees to enter into a Contract to Purchase the property immediately upon being notified of the Seller’s acceptance of their winning bid. Upon the close of the auction the winning bidder will be forwarded via email the Auction Real Estate Sales Contract to purchase the property. A signed copy of the Auction Real Estate Sales Contract must be received by the Auction Company (United Country Real Estate - M. Edwards Realty & Auction) within 24 hours from the time said Purchase Contract was sent to the winning bidder. The Auction Real Estate Sales Contract may be (hand delivered, faxed, or scanned and emailed).  A copy of the Auction Real Estate Sales Contract is available for review online prior to placing any bids in the auction.    

8) Down Payment/Earnest Deposit: A non-refundable down payment of Ten Percent (10%) of the total contract purchase price will be wire transferred or hand delivered in the form of certified funds to the Title Company no later than 48 hours following the close of auction. See closing agents contact information below. The balance of the purchase price will be due in full at closing.

9) Closing: Closing shall be on or before October 16th, 2025.  Closing shall take place at Hockley County Abstract located at 609 Austin Street, Levelland, TX 79336 Closing Agent is Amber Hinson and her phone number is 806-894-6127, email is hockleyabstract@valornet.com . Out of state buyers will be afforded the opportunity to close remotely.

10) Easements: The sale of the property is subject to any and all easements filed of record.

11) Minerals and Other Title Reservations and/or Special Provisions: Attached hereto as Exhibit(s) E, are materials specifically related to reservations or special provisions that will be a part of the purchase contract to be executed in compliance with Section 7 hereof.  Buyer acknowledges receipt of such Exhibits and specifically consents to the inclusion of such reservations and special provisions in the aforementioned purchase contract. Seller warrants that this Property will sell without any other title reservations, including but not limited to mineral, wind, or solar reservations.

12) Survey: In the event any purchased tract requires a survey to determine the legal description, the cost of the survey will be paid by the Seller. If the same buyer or entity purchases two (2) adjoining tracts and no interior survey is required to separate said tracts, then any additional survey desired by the buyer will be at the buyer’s sole discretion and cost. 

13) Possession: Possession of the property will be given upon payment in full of the purchase price and transfer of title at closing. 

14) Title: Seller shall provide a Preliminary Title Commitment for the property being sold. Seller shall pay for the issuance of the Title Policy for the property being sold and transferred. Seller shall execute a Special Warranty Deed conveying the property to the buyer(s).

15) Taxes: Seller shall pay any previous year’s taxes (if due), and the current year’s real estate taxes shall be prorated to the date of closing.

16) Online Auction Technology (Disclaimer): Under no circumstances shall Bidder have any kind of claim against United Country Real Estate – M. Edwards Realty & Auction, Broker of record, or anyone else, if the Internet service fails to work correctly before or during the auction. Online bidding is subject to technology faults and issues which are outside the control of the auction company. Bidder(s) are encouraged to use the “Maximum Bid” feature on the bidding platform and lock in their maximum bid amount, if they are concerned about technology failure during the auction. The SELLER and/or Auction Company reserves the right to (pause) the online auction bidding in the event of any internal or external technology failure, to preserve the integrity of the auction event and maintain a fair and impartial bidding environment.

17) Soft Close: If a bid is received within the last 3 minutes of the auction, the auction close time will automatically extend 3 minutes to allow other bidders an opportunity to competitively bid prior to the auction closing. This feature eliminates "snipers" and encourages fair and impartial bidding from all participants.

18) Disclaimer: All information provided is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. Information is subject to change without notice.  There are no warranties either expressed or implied pertaining to this property. REAL ESTATE IS BEING SOLD "AS-IS, WHERE-IS" WITH NO WARRANTIES EXPRESSED OR IMPLIED. Please make all inspections and have financing arranged prior to the end of bidding. The property is available for and subject to sale prior to auction. By participating in this auction, Buyers hereby acknowledge that any bid(s) placed by them is a binding agreement to purchase the property, subject to the bid being approved and confirmed by Seller.