Price $681,904. 782 m/l acres, Dallam County Texas Irrigated Cropland and Grassland Location: This irrigated property is located approximately 23 miles Northwest of Dalhart Texas. Description: 782 acres of which 120 acres are irrigated cropland, 260 acres in CRP (CRP expires in 2018), and 402 acres in native pasture. The property approximately yields 40+ bushels of Wheat per acre and 73 bushels of Corn per acre. Soils are also suitable for potato crops and there is potential for additional irrigation wells to increase the number of wet acres. Lease: Agricultural lease in cropland and cattle grazing offers opportunities favorable to investors. This property could be leased to an area farmer for wet acres and cattle grazing. Property is currently cash leased per wet acre and grazing. Irrigation and Water Sources: 1 - Center Pivot Sprinkler, 1 - Irrigation well with pump. The sprinkler and well are in good condition. Livestock well provides watering capability to stock tank. Equipment: 1 Valley Sprinkler (converted to Raincat Structure) and 1 Pump, Gear-head and Cooling Coil. Fencing is new and in good condition. Structures: 2007 Redmond Mobile Home, 2,300 square feet with 4 bedrooms in good condition. Utilities: There is electricity, water and septic on the property. Soils: Soil survey for the Dallam County area and subject property reflects well drained, moderately permeable soils formed in Loamy Eolian sediments. These soils are on a nearly level to slightly sloping terrain. Minerals: Available minerals can be negotiated into the price, owner currently advertising on mineral marketing.com to lease the farms mineral interest. Real Estate Taxes, (2010) $1550.29 with no other cost. Conclusion: This Farm is close to Dalhart, Texas and local Agri-business structure. Irrigated Farmland and grazing produces a substantial annual income through the crop lease and is a great investment in today's market. As a buyer you would receive annual crop lease or cash lease payments, and possible appreciation of the property over time. As a new buyer you could receive a tax benefit from depreciable assets. Information is taken from sources believed reliable; however, no guarantee is made by the real estate company.

100% will convey

Deer, Antelope and Pheasants

Farm Lease and Minerals

Real Estate Taxes, (2010) $1550.29 with no other cost.

Irrigation and Water Sources: 1 - Center Pivot Sprinkler, 1 - Irrigation well with pump. The sprinkler and well are in good condition. Livestock well provides watering capability to stock tank.

County Road

Electric and Telephone

Conclusion: This Farm is close to Dalhart, Texas and local Agri-business structure. Irrigated Farmland and grazing produces a substantial annual income through the crop lease and is a great investment in today's market. As a buyer you would receive annual crop lease or cash lease payments, and possible appreciation of the property over time. As a new buyer you could receive a tax benefit from depreciable assets.

Steve Williams Hunting Country Real Estate 830-431-1525 - view all properties from this agent