Attention investors! This beautiful, flat, class 2, tillable farm with great production history, experienced tenant, and oil royalties on 2 producing wells, is the perfect addition to your portfolio! Comprised of 100% class 2 soils made up of Tarver loam, Carway and Carbika soils, the NCCPI averages and actual production history are strong. Conveniently located right off US Highway 50 west of Hutchinson or just 1.5 miles east of Burrton on well-maintained South Woodberry Road, the land is easy to access. The seller has 5/8 of the 12.5% Oil Royalties intact and will transfer with the purchase of the land. The tenant is local, has a long successful track record with this parcel and farms a lot of land in the area. The current agreement is a 1/3, 2/3 crop share agreement producing great farming income to the owner in addition to the strong oil production of over 4,000 barrels a year for the last 6 years. The combination of oil and farming income generates a solid 4% +/- return on your investment!
Active
Price increase: $50K (6/3)
$690,240
0 E K50 Hwy, Burrton, KS 67020
--beds
--baths
148Acres
20.01 Acres or Over
Built in ----
148 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 350 days
- on Zillow |
- 41 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: June 03, 2025 at 12:04pm
Listed by:
Terry DeShon 620-727-7766,
Midwest Land Group, LLC
Source: Mid Kansas MLS & Prairie Land Realtors,MLS#: 51247
Travel times
Facts & features
Interior
Features
- Has basement: No
Property
Features
- Fencing: None
Lot
- Size: 148 Acres
- Features: None
- Topography: Level
Details
- Additional structures: None
Utilities & green energy
- Sewer: None
- Water: None
- Utilities for property: Electricity Available
Community & HOA
Location
- Region: Burrton
Financial & listing details
- Annual tax amount: $1,134
- Date on market: 9/12/2024
- Listing terms: Excl. Right WITHOUT Res.,Cash,Conventional
- Road surface type: Black Top, Gravel
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