Oklahoma Grass Ranch With Wind Royalties and Home Selling in Multi-Parcel Auction Set For July 27th Presented Mason & Morse Farm Ranch Company
“The 800-acre Flanagan grass ranch presented by Mason and Morse Ranch Company will include wind royalty payments and single family home. Property will be offered in five tracts as a multi-parcel auction. Bidders will be able to bid on individual tracts or combine them into combinations.”
June 28th, 2023 (Guymon, Oklahoma – Texas County) – Oklahoma has emerged as a significant player in the wind energy sector. The states wind energy capacity is growing and consistently ranks in the top five states for total installed capacity. Oklahoma currently has approximately 10,000 megawatts (MW) of installed wind capacity. Land investors are increasingly more attracted to real estate assets that have multiple income streams. The additional alternative energy income adds value to the historical agricultural production operation. This increases an investors return or in the current economic cycle or helps offset high borrowing interest rates.
Located in the Oklahoma Panhandle just southwest of Goodwell, Oklahoma, the 800 +/- acre Flanagan Grass Ranch will be offered as an auction in five (5) tracts using a multi parcel combination auction format. Mason Morse Ranch Company is marketing the property and organizing the auction scheduled for Thursday, July 27, 2023, in Guymon, Oklahoma. A portion of this ranch has been in the same family for more than 100 years.
AUCTION SUMMARY
- 1:00 P.M. Central, Thursday July 27th, 2023, Texas County Activity Center – 402 N. Sunset; Guymon, Oklahoma
- 800+/- Acres of Grassland Including Wind Turbines & Home
- Offered in 5 Surface Tracts
- Tract one is a Stand Alone Tract
- Tracts 2-5 may be purchased individually or in any combination
- 5% BUYER’S PREMIUM
INFORMATION MEETING & OPEN HOUSE: July 18th 5-7 PM
“This property and auction format is significant because it not only offers land investors an opportunity for an alternative energy investment with royalties, a family looking for a well kept rural home may also be interested with an opportunity to acquire adjacent land and wind royalties to help offset higher borrowing rates.” said Zurick Labrier, Broker and a Principal Partner of Mason Morse Ranch Company.
TRACT DETAILS
Tract 1: 16 +/- acres out of the NE corner of the NW/4 of Section 21-T01N-R13E ECM, Texas County, Oklahoma
This Will Be a Stand Alone Tract. It will not be allowed to be combined with any other tract(s). With frontage on County Road FF, this Homestead Tract is the perfect tract for someone looking for country living. Just 4 miles southwest of Goodwell, Oklahoma via Highway 54 and 3 miles south on Mile 20 Rd, it’s a short commute to school or work in the Oklahoma Panhandle and northern Texas Panhandle. Consider this tract in combination with Tract 2 or 3, if you are looking for a larger place. Combining Tracts 1, 2, and 3 would give you a total of 320 +/- acres.
Tract 2: NW/4 of Section 21-T01N-R13E ECM, save and except 16 +/- acres out of the NE corner of the quarter, Texas County, Oklahoma is approximately 144 +/- acres of native grassland and expired CRP with county road access on two sides (County Road FF and Mile 20 Rd). The North Fork of the Frisco Creek runs through this tract. Combining this tract with the Homestead Tract (Tract 1) would give you access to the domestic well or consider purchasing Tract 2 and Tract 3 for more grazing acreage and access to the windmill on Tract 3.
Tract 3: NE/4 of Section 21-T01N-R13E ECM, Texas County, Oklahoma is just east of the Homestead Tract is this 160 +/- acre tract of native grass and expired CRP. Livestock water is provided by a windmill. Access is provided on the north side of this tract via County Rd FF. The North Fork of the Frisco Creek also runs through this tract. Combining this tract with Tract 2 would give you approximately 304 +/- acres of native grassland. You could add Tract 1 – Homestead Tract for a nice livestock operation.
Tract 4: S/2 of Section 21-T01N-R13E ECM, Texas County, Oklahoma is 320 +/- acres of native grass is not all this half-section has to offer. There are five (5) Wind Turbines running east / west through the middle of the tract. These turbines offer an annual income of approximately $23,500, based on the 2022 payment. The Wind lease and royalty will convey to the Buyer (see the complete Auction Terms & Conditions). This tract also has two windmills, making a nice set up for livestock grazing. Access to this tract is provided by Mile 20 Rd on the west side of the tract.
Tract 5: NW/4 Section 28-T01N-R13E ECM, Texas County, Oklahoma is off of Mile 20 Rd and offers access along the west side of this quarter section of expired CRP. This 160 +/- acre tract could be just the right size place for your operation or new home site. The existing Wind lease includes this tract even though there are no turbines in place. Annual income from this lease is approximately $11,500 for this Tract, based on the 2022 payment. The Wind lease and royalty will convey to the Buyer (see the complete Auction Terms & Conditions). You could combine this tract with other tracts in this auction for more grazing acres and additional access.
About Zurick Labrier
Raised in Dalhart, Texas, Zurick Labrier is Broker and a Principal Partner of Mason Morse Ranch Company. He grew up working on the family ranch in New Mexico. After graduating from Texas Tech, Zurick worked for Caprock Industries for three years and then had a successful 15-year career selling feed for Purina Mills. In 2004 he made the transition to the world of agriculture real estate brokerage and auctions. His natural tie to farmers and ranchers has helped Zurick to be successful in helping his clients whether purchasing or selling real estate.
Contact
Zurick Labrier
Zurick@ranchland.com
www.ranchland.com/zuricklabrier
1-806-680-3729
About Mason & Morse Ranch Company
“Farm, Ranch Land Sales” – www.ranchland.com, Mason & Morse Farm Ranch Company is a leading provider of farm, ranch, timber and recreational land brokerage & auction services across the United States. With roots dating back to 1961, in the Roaring Fork Valley near Aspen, Colorado, the company specializes in marketing high-value and large acreage properties across the U.S. Combined, Mason & Morse Farm Ranch Company agents offer their clients more than 133 years of combined experience agricultural land and lifestyle recreational luxury properties.