Douthit Ranch is 1,253 Acre with a great mix of cultivation, pasture, varied terrain, and good surface water. Located 10 miles Northeast of Rotan, TX. currently leased for $18,000 per year. A Salt water injection well pays $9,000 per year Total of $27,000 per year in income. 750 acres in cultivation wheat,cotton,haygrazer and 500 acres in native pasture. There is a hay barn, equipment barn with electricity, older set of working pens, and a great site for a hunting Cabin. Perimeter fence in fair condition, Rolling to varied terrain with good elevation changes along draws. Four surface tanks, 5 acre lake in the middle of the property, 3 other 1 acre tanks, and 3 different draws that hold water in wet weather
Monthly Payment
Total Payable in 24 Years
Payment Break Down
60%
Interest40%
Principle