Spearman, TX 79081(Hansford County)

Irrigated Farmland in Hansford County

PRICE REDUCED

This is an isolated turn-key well-laying farm with newer improvements and mostly contiguous acres. There are 19 operating wells producing a total of 8,750+/- GPM on 3,112+/- irrigated acres (2.81+/- GPM/wet acre). The wells are powered by natural gas engines. Water is dispersed through 16 center pivot sprinkler systems and one 320+/- acre drip irrigation system. Improvements also include 371,376 bushels of on-farm storage with an 80' scale which was all built new in 2013 and a 1,440 sq. ft. shop with a concrete floor. The south half section has a 1,361 sq. ft. residence on it and the farm as a whole has miles of perimeter barbed wire fencing. This farm offers a ton of depreciation and there is a current tenant in place at a competitive rental rate for the area.