Dream Property for Recreational Investors

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Price: Pending
Acreage: 160
County: Rice
State: Kansas

Property Description

You can have it all with this beauty! Oil income, crop income, pasture rent, and a place to come and chase the giant whitetail deer that Kansas is known for! Located just 3 miles west of Chase, Kansas is this 160 acre parcel with 108 acres of dry land farm ground with Class 2 soils, 58 acres of pasture and timber, and 5 oil wells producing about 2,000 barrels of oil a year. The pasture is fenced and has a windmill-driven water well providing a water source for livestock and wildlife. In addition to thick stands of mature timber in the pasture areas, there are multiple tree rows around the property providing travel routes for deer, roosting spots for turkeys, and hiding spots for coveys of quail. The property does have over 160 deeded acres, enough to split with a hunting partner and secure 2 Kansas landowner deer tags every year. The combination of oil and farming income generates a solid 4% +/- return on your investment!

For more information, answers to your questions and to set up an appointment to see this one in person, please contact Terry DeShon at (620) 727-7766. **Financial verification is required before viewing the property.**

Property Features

  • 160 +/- total acres
  • 108 acres Class 2 farm ground
  • 52 acres of pasture and timber
  • Fenced pasture
  • Water well and stock tank
  • Low area known to hold water that would be perfect for the construction of a pond
  • 5 producing oil wells
  • 2,000 barrels per year annual average consistently the last 7 years
  • Saltwater disposal well on the property making it self-sufficient
  • Seller would be happy to continue as the farming tenant
  • Mature timber and various tree lines creating secluded pockets and sanctuaries
  • Multiple rubs and scrapes showing sign of mature deer using the property
  • Mineral rights owned will pass with the property
  • Annual property taxes approximately $1,088.24
  • ROI of approximately 4%

Property Address

00000 Avenue L, Chase, KS