$1,250,000
Estimated Payment$5,904/mo
Farm For Sale

Tract 1 Drive 779, Oconto, NE 68860

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Farm In Oconto

Tract 1:Tract one is located just Southwest from Oconto, and consists of approximately 645 acres of hardland pasture. It has excellent water sources including four stock tanks located in key areas of the section, along with two stock ponds, which can hold water in dry years. Tract one also has recreational opportunities including whitetailed deer, mule deer, and wild turkey. Rangeland is considered to be in good to excellent condition. There is direct county road access to this tract. The ranch has been evaluated for estimated carrying capacities as well as estimated landlord revenue on a summer grazing basis utilizing cow/calf pairs and market rents. The ranch has two long term tenants. They have worked and cared for the land along with the current owners. The current ownership is very conservation minded and the ranch resource reflects this. Deeded Acres By County Record Taxes: $5,615.22 Hardland pasture: 644.73 Location/Background The Devine Ranch is located in South Central Custer County near Oconto, Nebraska, approximately 25 miles North from Lexington, which has one of the largest beef packing plants in the region. This ranch was homesteaded by John A. Devine who is still considered a very prominent man of Oconto. The current Owners of the Devine Ranch are direct descendants of the original Devine Family that homesteaded it. This is the first time this ranch has been for sale since it was homesteaded 132 years ago in 1889. Rainfall The rainfall in the area and location of this ranch ranges from 20-24 per year with the majority of it falling during the growing season. It is generally considered consistent and reliable to the extent that cattle sell downs because droughts are rare. Minerals The current ownership will convey all the owned minerals. Exchanges The current ownership will cooperate with 1031 exchanges. Ogallala Aquifer The Sandhills of Nebraska support the largest fresh water aquifer in the continental U.S. Known a

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Tract 1 Drive 779
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Location
Tract 1 Drive 779 Oconto, NE 68860
Home Details

Financial Details

Tax Details

  • Zoning: 300
  • Annual Tax Amount: 5615

Expenses

  • Rent Includes: Internet, Linens, Pets Allowed, Smoking Allowed, Tv

    Property Details

    General

    • Lot Features: Land Lease

      Location Details

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      • View Details: Private, Scenic

        MLS Details

        General

        • Days on Homes.com: 48
        • MLS Number: 11031407
        • Listed: 10/20/2021
        • Last Updated: 12/4/2021
        • Offered By: Lashley Land and Recreational Brokers, Inc.
        • Listing Source: My State Mls
        Monthly Payment Calculator

        $5,904

        Estimated Mortgage
        Principal & Interest
        $4,216
        Insurance
        $438
        Taxes
        $1,250
        Mortgage Insurance
        $0
        i
        Include PMI: Private Mortgage Insurance (PMI) is required by lenders if the down payment is less than 20% of the home price. It is recommended to include this field if your down payment is less than 20% of the home price.
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        Nearby Schools
        • Callaway Elementary School
          Class size: 10Distance: 13.94 mi
          B-
        • Callaway Elementary School
          Class size: 10Distance: 13.94 mi
          B-
        • Callaway Elementary School
          Class size: 10Distance: 13.94 mi
          B-
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        Listing Agent
        Jon Farley
        Lashley Land and Recreational Brokers, Inc.
        Oconto, NE
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        $1,250,000

        Tract 1 Drive 779

        Oconto, NE 68860

        Jon Farley
        Lashley Land and Recreational Brokers, Inc.