Positioned in the heart of Hill County’s renowned dryland farming country, this 1,160 deeded acre property offers an exceptional combination of guaranteed passive income, immediate tenant cash flow, and high-upside agricultural potential. The holding features 302.89 acres enrolled in a 10 year USDA Conservation Reserve Program (CRP) contract delivering secure federal payments through 2034, alongside 779 acres leased to an established local operator through 2029. Highlighting the land’s strategic value are 725 acres of recently expired CRP ground. Having sat fallow and chemical-free for years, these acres present a turnkey opportunity for rapid transition into certified organic crop production or premium lease rates. Completely unimproved with low annual property taxes and four active DNRC stock water rights, the parcel provides an efficient, low-overhead land investment built for long-term equity growth. Dual Revenue Stream: Generates $31,769 in total gross annual income from an active CRP contract and a cash farm lease. • Guaranteed Long-Term CRP: $8,269/year locked in through September 30, 2034 ($27.30/acre). • Established Farm Lease: $23,500/year cash rent through December 31, 2029. • Organic Transition Upside: Features 725 acres of recently expired CRP land that has sat chemical-free, offering a rare opportunity for rapid or immediate Certified Organic Farming. • Low Overhead & Blank Canvas: Completely unimproved land with zero outdated structures or maintenance liabilities, plus $1,600.48 in low annual property taxes. • Secured Stock Water: Supported by four active DNRC surface water claims, including on-stream and a spring-fed reservoirs.