Electricity and Irrigation wells -AP-
Size: 160 acres - Red Springs East Farm - Additional 163 acres available mile west of this farm
Location: Located near Red Springs, Texas in Baylor County. This Tract is approximately 10 miles west of Seymour, Texas half way between Fort Worth and Lubbock.
Terrain: This is an excellent sandy and clay loam farm that is very productive. The farm lies primarily flat with very minimal slope and has only one area in the northeast corner that holds some water in wet conditions. The farm has good county road access on the south and east sides and would be excellent as a production farm or small cattle operation. The farm was previously irrigated and two irrigation wells remain and are operational. They have not been used in a few years.
Improvements: Electricity; two irrigation water wells with electric turbine pumps; five wire fencing on one side.
Minerals: Some minerals avail...
Minerals: Some minerals available with an acceptable contract.
Remarks: As dryland the farm could be lease to a local farmer for approximately $30-33 per acre, OR a crop-share lease. The farm could return as much as a 6-9% return depending on crop, crop yields, and commodity prices. See Mapright map on the website for soil types and structures. These numbers could be dramatically higher if the farm was converted to an irrigated farm!
Price: $1,475 per acre
Contact: Andrew Pennington - Listing Agent/Owner (940) 838-8112
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