367 Private Rd 5475, Como, Texas 75431

The property being valued here is an 18.927 acre farm located in northern Wood County on a private road at the end of CR 1475 approximately 1 mile east of FM 69 near the community of Coke. The private road was formerly also part of CR 1475. The property is the site of 4 40×500 cool cell tunnel broiler houses. The broiler industry is a highly integrated industry. The obligation of the company in most instances are as follows: Supply broiler chickens. Supply feed and medication. Supply technical service, advice and assistance. Catch, transport, process and market birds. The broiler growers obligations are usually as follows: Supply farm, houses and labor. Repair and maintain houses and equipment. Manage day to day husbandry of the broilers. Pay most utility costs and taxes. Growers are usually given a minimum guarantee per pound of gain. The gross profit is also based on a feed conversion, where-in the efficient grower who is able to keep the feed conversion high and mortality low, is rewarded by receiving a premium payment over and above the base price. The improvements on the property at the present time include four 40×500 broiler houses and supporting buildings with necessary pads and roads and 2 wells. The broiler house improvements were constructed to meet Pilgrims Pride standards. The soil on this property is primarily sandy loam and a gravelly sandy loam. These soils are best adapted for pasture or timber, these are well drained soils, and the erosion hazard is moderate.