Property Description

Location:
The property is about 4 miles southwest of Plainview, Texas, along I-27. The closest airport is Lubbock International Airport and is about 30 minutes to the south.

Acres:
+/- 10.99

Description:
Impressive horse facility conveniently located along I-27 within about 30 minutes of Lubbock, Texas. A total of +/- 10.99 acres with +/- 7.5 acres of two seperate pastures. Everything has been masterfully planned with both an indoor and an outdoor arena, an octagonal pen, two horse barns, and much more! The facility is currently used for horse boarding with room for up to 12 head. It can also play host to roping, barrel racing, or other events. Perfect for those looking for a commercial income producing potential. There is also a large apartment at one end of the indoor arena with a basement and two car garage.

Water:
There is one well on the property at approximately 185 feet deep and drilled in 2008. All equipment is in the garage including a 1,000 gallon water tank to supply indoor pen. There is also a bypass pressure tank.

History:
The property was built in 2010 and over the years has been used for horse boarding as well as roping and barrel racing events.

Improvements:
There are several improvements to the property that make it the working equestrian facility that it is today. The main barn made of U.S. steel has a 80x100 indoor arena with 5 rail pipe fence. The arena does have a PA system and is lighted. There are also separate men and women restrooms, a partial kitchen, a tack room, and wash rack with hot and cold water. All this in combination makes it a comfortable place to hold events. At one end of the steel building, there is a 2,400 sqft apartment with an additional 16x24 finished basement. The apartment is two stories and has 3 bedrooms and 2 baths. The upstairs is partially finished and has been plumbed and electricity has been ran. On the property, there is also a lighted 220x150 outdoor arena with insulated announcer stand with PA system. The arena is equipped for roping events with a steer pen and roping chute. There are also two horse barns, one with 8 stalls and the other with 5. The second barn has portable panels that can be taken out to create a loafing shed.

Minerals:
The percentage of owned mineral rights will convey with the purchase of the property.

Landscape:
The land is very flat, great for what the property is used for. The soils here within are listed with the accompanying percentages with total area of interest equaling 100%: Pullman clay loam (Pua) 100%.

Exclusions:
The tractor and any portable panels will be removed prior to closing.

Zoning/Easements:
The property is outside of any municipality so is not zoned. There are no known easements that would affect operation of the facility. It is anticipated all existing easements will be identified by surveyors.

Price:
$695,000.

Estimated Taxes*
$1,618.30.

Water Conservation District:
The property lies within the High Plains Underground Water District .

Area:
This property is located in central Hale County, Texas.

Access:
The property can be accessed by CR T along the west side of the property.

Directions:
From Plainview, TX, head south on I-27 to CR T. Go north on CR T, to property immediately on the right hand side of the road.

PROPERTY INFORMATION

Documents

Hydro/Topo/Google Maps

www.PlainviewEquestrian.com

Soil Report

CONTACT