394 Acre Irrigated Farm with MINERALS!
Status
Acreage
Price
Nearest City
Area Of Texas
Property Description
This farm is located in a highly sought after area for farm land. The property is located approximately 2 miles south of Hwy 97 on County Road #137 and along with County Road #139 runs along as the north boundary of the farm. The property has paved access from F.M. 2505 to the east end of the farm. The farm has organic crop production fertilizer along the south border and no fencing along the north boundary. The property has a couple creeks that cross the property. Across the east end is an unnamed draw and along the west end is Borrego Creek. Large oak trees on the east end of the ranch are located near the old farm house and dilapidated barns. The property is currently leased to a local farmer and has been leased out for many decades.
Improvements
The property has a Carrizo Irrigation well. The well has 12 3/4" casing pipe to a depth of 599' and then 8" O.D. casing pipe to a total depth of 1,708'. The equipment down hole is unknown at the time the was written. The well was drilled in 1969.
The farm has FSA Farm bases as follows:
Wheat 40.88
Corn 149.53
Peanuts 50.89
Total Crop Base Acres of 241.30 Acres.
Total crop land as per the FSA is 344.08 acres.
The surface equipment is owned by the tenant and is available for purchase.
Water
The irrigation well supplies water to the underground mainline that delivers the water to the pivot irrigation systems.
Minerals
Seller will convey 25% of the mineral rights owned.
Utilities
The property has 3 phase power running down the entire length of the east end of the farm and all along the north side of the property down the county road.
Property Taxes
Property is taxed at an agricultural valuation.
Listing Agents
Contact
Disclaimer
Compass is a licensed real estate broker and abides by Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. This is not intended to solicit property already listed. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.
Please be aware that real property and its rights and amenities in the States of Texas and Colorado are subject to many forces and impacts out of our control whether natural, those caused by man, or otherwise; including, but not limited to, drought or other weather related events, disease (e.g. Oak Wilt, Anthrax, Chronic Wasting Disease), invasive species, illegal trespassing, previous owner actions, neighbor actions and government actions. Prospective buyers of Texas and Colorado real estate, particularly land, should investigate any concerns regarding a specific real property to their satisfaction.
Compass reserves the right upon seller's request and prior to an initial showing, or any subsequent showing of a specific property, to require any or all interested buyer(s) of such property to provide proof of financial ability to purchase said property.
If a buyer is buying an investment property, the buyer's agent, if applicable, must be identified on first contact and must be present at the initial showing of the property in order to participate in real estate commission. If this condition is not met, fee participation will be at sole discretion of Compass.