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Dallam County, Texas real estate |
Click on photos to enlarge |
 Listing
#TX10012
Price $1,375,000.00
800 m/l acres, Dallam County Texas Irrigated Cropland
Location: This irrigated property is located approximately 10 miles
Northwest of Dalhart Texas.
Description: 800 acres of which 625 acres are irrigated cropland. An
approximate yield of 60+ bushels of Wheat per acre and 190 bushels of
Corn per acre. Soils are also suitable for potato crops. Agricultural
lease offers opportunities favorable to investors.
Lease: As rent, Lessee pays landlord an annual cash lease for the
irrigated acres at a rate of $150 per wet acre with a yearly return of
$93,750 to the owner. Lessee is responsible for the irrigation, engine
and sprinkler repairs including utility expenses from beginning to end
of the farming operation. Lessor is responsible for the gearhead and
pump repairs over $500 per event and any below ground repairs.
Irrigation and water sources: 5 - Center Pivot Sprinklers, 9 -
Irrigation wells all connected by a pipeline providing access to every
pivot on the property. (2- Natural Gas Motors, 7-submersible pumps and
motors, 2 Generator systems), see attached inventory of equipment with
model numbers. Sprinklers and wells in excellent condition.
Equipment: View complete list in our photos and documents. List
includes all sprinklers, irrigation wells, gear head, drive lines and
cooling coils.
Utilities: There is Electricity to the property.
Soils: Soil survey for the Dallam County area and subject property
reflects well drained, moderately permeable soils formed in loamy eolian
sediments. These soils are on nearly level to slightly sloping terrain.
Minerals: Those owned by current owner will convey at time of sell.
Real Estate Taxes, (2009) $1860.00 with no other cost.
Conclusion: This Farm is close to Dalhart, Texas and local
Agri-business structure. Irrigated Farmland produces a substantial
annual income through the crop lease and is a great investment in
today's market. As a buyer you would receive annual crop lease payments,
possible appreciation of the property over time and as a new buyer you
could receive a tax benefit from depreciable assets.
Information is taken from sources believed reliable; however, no
guarantee is made by the real estate company. |
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800
ACRE TRACT EQUIPMENT LIST
1 -
Lockwood Sprinkler model #1300 serial #575379 Pivot - ACV
1 - Lockwood Sprinkler model #1300 serial #579179 Pivot - ACV
1 - Lockwood Sprinkler model #1300 serial #088A1-647979 Pivot-ACV
1 - Lockwood Sprinkler model #1295 serial #088A2-648079 Pivot-ACV
1 - Lockwood Sprinkler model #1295 serial #088A3-627179 Pivot-ACV
9
Irrigation wells
1 - Chevy 262 IRR motor 10A22875
1 - Chevy 811 IRR motor 8PIL20302
1 - Genset Generator System NMV31761
1 - Marelli GenSet M6518292
1 - Franklin / Simmons 40HP Submersible Pump
1 - Franklin / Simmons 30 HP Submersible Pump
1 - Franklin / Gould Submersible Pump and Motor B0480-30HP
1 - Franklin / Gould Submersible Pump and Motor B0480-40HP
1 - Franklin / Gould Submersible Pump and Motor B0480-15HP
1 - Franklin / Domestic Submersible Pump and Motor #2823008110
1 - Franklin / Gould Submersible Pump and Motor #B0480-40HP |
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Click on photos to enlarge |
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Texas
Farms - Ranches - Land and Real Estate For Sale
Rural Property For Sale - CRP and/or Hunting Land For Sale -
Hunting Lodges
Texas real estate, Texas farms, Texas
ranches, Texas hunting land, Texas rural real estate |
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