Texline, TX 79087(Dallam County)

Directions to the property from Texline, Texas are as follows: 4.5 miles southeast on US 87, 4 miles east on Stewart Lane and mile north on Draper Road to the Southeast corner of the property. From Dalhart, TX the property is located approximately 30 miles northwest. The formally irrigated farmland is currently enrolled in the Conservation Reserve Program until September 30, 2030 at $21.75 per acre per year for a total annual payment of $16,723.00. The remaining acreage is in grass with two former irrigated circles of 127 acres +/- and 77 acres +/- and the balance of the acreage being native grass. At an early point in the CRP contract a buyer could consider buying out of the contract. Previously the property had eight irrigation circles and irrigated acres under pivot could be approximately 940 acres if a buyer wanted to redevelop the land for irrigation. Current improvements include six irrigation wells, underground irrigation pipelines to the center pivot points and electrical lines. The owner has no knowledge of the conditions of any of these improvements. Good grass with considerable depreciation.