480 +/- Acre Farmland Hale County, TX
This farm is 480 +/- acres of contiguous farmland in the Cotton Center area. The farm grew three full circles of corn in 2015. The soil is very sandy making this an ideal alfalfa, potato, or peanut farm.
The 372 +/- irrigated acres are watered by three 2003 Zimmatic sprinklers. The systems are set up with Field Basic Panels, 24 rubber, LDN on 60 centers, and 1,000 gallons of fertilizer storage at each pivot point.
According to the seller, the ten irrigation wells (8 subs, and 2 electric VHS) supply 1,575 gallons per minute to the sprinklers. The three sprinklers have their own set of wells that supplies water to each. The water reported by the seller is slightly higher than the charted flows at each sprinkler due to well repairs this summer. Power is supplied by Lamb County Electric.
The three circles are currently planted with 90 lbs/ac of wheat. The wheat crop will convey wit...
The three circles are currently planted with 90 lbs/ac of wheat. The wheat crop will convey with the sale of the property at this time. The farm has been leased for $200 / wet acre for the 2015 crop year. The farm is being offered with immediate possession available; however, the lease may be able to be extended allowing a gross ROI of approximately 5.44% based on asking price.
From elevation to risk assessment
Search for detailed parcel information including; Elevation & Vegetation Maps, Ownership Information, Detailed Parcel Information, Crop History Map, Soil Survey Productivity Data, and more.
Research Parcel InformationDirections
Five miles north of Cotton Center, TX on FM 179 to the intersection of FM 179 and FM 1914 / CR 175. Then 2.5 miles west on CR 175, north half a mile on CR D, then two miles west on CR 170 to the NE corner of the property.
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