Cut Creek Ranch Sold Farms, Ranches, Recreational

Curtis, NE 69025, USA
$2,250,000
  • Description
  • Map
  • Features

Description

This is an amazing piece of Nebraska real estate. Cut Creek starts on this property and runs for approximately 3 miles through the ranch. We sold this ranch to the owners 18 years ago. At that time the ranch was covered with 65%-75% cedar trees. Today there is approximately 5% cedar tree covered grass. The owner has had several controlled burns and has drastically improved the ranch quality for grazing. Countless miles of new fence have been installed with habitat development in mind. He has called in and harvested 13 elk over the years for other people. Trophy Mule Deer and White-tailed Deer are in abundance. Not to mention a sizable population of Wild Turkey. The dry crop has been planted with conversation in mind as well. There is 90 foot strips of grass bordering all of the grass and shrub habitat for Quail bordering all of the dry crop fields. There is between 4 and 5 coveys of Quail on the property regularly. The house is a very modest house and there is excellent access with Cut Creek Road bordering the east side of the property.

Estimated Cash Lease Income
190 cow/calf pairs @ $60.00 per month = $11,400.00. $11,400.00 x 5 months of grazing = $57,000
House Rental $600.00 x 12 months = $7,200.00
253.34 acres @ $40.00 per acre = $10,133.00

Grazing Income: $57,000.00
House Rental: $7,200
Drycrop Income: $10,133.00
Gross Income: $74,333.00

Real Estate Taxes ($15,470.46)
Fence Maintenance ($1,500.00)
Insurance ($2,000.00)
House Maintenance ($1,000.00)
Total Net Income = $54,362.54

FSA Info
Legal Description

Township 9 North, Range 28 West of the 6th P.M., Lincoln County, Nebraska:
Section 6: All
Section 7: SW1/4, S1/2NW1/4, W1/2SE1/4, NW1/4SE1/4SE1/4, S1/2SE1/4SE1/4
Section 17: PT. W1/2
Section 18: N1/2 & SE1/4

Township 9 North, Range 29 West of the 6th P.M., Lincoln County, Nebraska:
Section 1: E1/2
Section 12: PT. NE1/4 & NE1/4SE1/4

Taxes: $15,470.46

 

Map

  • City: Curtis
  • State/county: Nebraska
  • Zip/Postal Code: 69025
  • Neighborhood: Lincoln County
  • Country: United States

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