Description: Irrigated Farmland with 2 wells, underground tile, electricity, excellent access on FM road, and small playa lake.
USDA-FSA Bases and Yields
Wheat 39.8 24
Cotton 104.7 421
DCP Annual Payment: $2,920.00
Minerals: Owner states that they own 100% of the minerals and will negotiate 50% to Buyer. This property is only 6.5 miles West of the McIntosh oil and gas well. There is also a wind farm approximately 10 miles ENE of property. Buyers should do their own mineral search.
Wells: 2 Electric Submergible Pumps, app. 10 HP
Wells are producing app. 75 GPM each, or 150 GPM combined.
The property is currently farmed in Wheat and Cotton.
Listing Price: $895/Acre
Read MoreLocation: East of Floydada, Texas on Hwy 70 to FM 651, then ½ mile South on FM 651 to the NE corner of property
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