00000 E K50 Hwy Burrton, KS 67020
Estimated payment $3,506/month
Highlights
- 148 Acre Lot
- Crops Farm
- Level Lot
About This Lot
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!
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,134
Lot Details
- 148 Acre Lot
- Property fronts a state road
- Level Lot
Schools
- Burrton Elementary And Middle School
- Burrton High School
Utilities
- Water Rights
- Oil and Gas Rights
Additional Features
- Mineral Rights
- Crops Farm
Listing and Financial Details
- Assessor Parcel Number 1462400000016000
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/12/2025 09/12/25 | Price Changed | $640,240 | -7.2% | -- |
| 09/12/2025 09/12/25 | For Sale | $690,240 | 0.0% | -- |
| 09/12/2025 09/12/25 | Off Market | -- | -- | -- |
| 06/03/2025 06/03/25 | Price Changed | $690,240 | +7.8% | -- |
| 09/11/2024 09/11/24 | For Sale | $640,240 | +546.7% | -- |
| 04/29/2022 04/29/22 | Sold | -- | -- | -- |
| 04/01/2022 04/01/22 | Pending | -- | -- | -- |
| 03/02/2022 03/02/22 | For Sale | $99,000 | -- | -- |
Source: Mid-Kansas MLS
MLS Number: 51247
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