4,999 Acres in Morton, TX - $15,000,000
This expansive 4999-acre farm is currently leased through 2026 on an Annual Cash Lease.
The current tenant pays $850,000.00/ year. The owner pays for the property taxes of
approximately $7,000.00/ year. There is a possibility for additional income by leasing the hunting
rights by about $25,000.00/ year. The property has 23 pivots that are functioning and in use on
approximately 3,700 acres of the total farmable land. There are +/-100 submersible well pumps on site which are systematically linked for better water management pumping roughly 11,850gpm. The current tenant farms roughly 1,500 acres of alfalfa 5 to 6 times yearly, while the balance produces peanuts and triticale. The pumps servicing the alfalfa are electric with gas/diesel pumps on the balance. The 23 sprinklers are a mixture of Zimmatics, Pierce, and Valley models. The property also includes a 12x30 air condition building an...
approximately 3,700 acres of the total farmable land. There are +/-100 submersible well pumps on site which are systematically linked for better water management pumping roughly 11,850gpm. The current tenant farms roughly 1,500 acres of alfalfa 5 to 6 times yearly, while the balance produces peanuts and triticale. The pumps servicing the alfalfa are electric with gas/diesel pumps on the balance. The 23 sprinklers are a mixture of Zimmatics, Pierce, and Valley models. The property also includes a 12x30 air condition building and a large 100x80 covered hay barn. The land provides great hunting for large mature mule deer, antelope, quail, dove, coyotes, and bobcats. Located in the High Plains Underground Water Conservation District. There are no oil rights.
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