County Road AA , Spearman, TX 79081 (Hansford County)

Size: 1,629 Acres

Type: Farms and Ranches

DCF Spearman Farm

Location:

The property is located about 3.5 miles south of Spearman, Texas. Amarillo, Texas, is about 90 minutes to the southwest of the property.

Acres:

1,629

Description:

Great opportunity to own an established irrigated farm just minutes from Spearman, Texas. In all, there are ten 1/4 mile pivots with 1,200 total irrigated acres in current production on the farm today. There are also ten wells with a combined gallons per minute of 7,575 gpm. This irrigated farmland is located in a prime agricultural area surrounded by other large ag producers including Seaboard Foods.

Water:

There are ten irrigation wells with nine pumping at 925 gpm and one at 1,100 gpm for a toal of 7,575 gpm. All of the wells are tied together with 50lb. High Pressure PVC water lines. The owner drilled four wells about 6 years ago between 2011 and 2012 and are at depths between 750-820 feet. Four of the wells h...

History:

Over the years, the owners have predominately used the land for corn and cotton.

Improvements:

Seven of the sprinklers are Valley while the other three are Zimmatic. Two of the Valley sprinklers are nozzled at 800 with the rest at 700. Four of the wells have a Super T Factory Cat Gas Engine. The rest of the wells are powered by an electric engine. Full sprinkler and well details available in the documents section. There are several improvements to the property aside from the ten wells and sprinklers. The western most 350 acres has a set of cattle pens and an older barn in the southwest corner of the tract. There is also another set of pens and metal cattle shed in the central most 315 acres. Three-phase electricity has been ran to the property as well.

Minerals:

The current percentage of owned mineral rights is unknown at this time.

Landscape:

The land is mostly flat and readily available for general farming uses. There are two playa lake beds on the edge of two of the pivots that require a windshield wipe movement. The soils here within are listed with the accompanying percentages with total area of interest equaling 100%: Perryton silty clay loam (PtA) 96.79%; Hansford silty clay (HcA) 3.01%.

See soil report for more information.

Exclusions:

Any exclusions will be resolved at time of negotiations.

Zoning/Easements:

The property is outside of any municipality so is not zoned. There are no known easements that would affect operation of the farm. It is anticipated all existing easements will be identified by surveyors.

Estimated 2017 Base Taxes:*

$6,159.09.

Water Conservation District:

The property lies within the North Plains Groundwater Conservation District.

Area:

Circle K Farms is located in the southeast quadrant of Hansford County.

Access:

The west most acreage is at the intersection of County Road 24 and County Road Z. The rest of the acreage is bordered by Farm to Market Road 760 and intersected by County Road AA.

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Directions

From Spearman, Texas, go southwest of town on HWY 207 to County Road Z. Continue east about 2 miles. The west most acreage will be at the southeast corner of CR Z and CR 24. See map for more details.