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Dallam County, Texas real
estate |
Click on photos to enlarge |
 Listing
# TX10001 SOLD PENDING CLOSING
Price $550,000.00
320 acres, Dallam County Texas Irrigated Cropland
Location: This irrigated property is located 10 miles Northwest
of Dalhart Texas.
Description: 320 acres of irrigated cropland. There is 250
tillable acres and a yield of 60+ bushels of Wheat per acre and 190+
bushels of Corn per acre. Agricultural lease offers
opportunities favorable to investors.
Lease: As rent, Lessee pays landlord one-half of all crops
produced from the property and also one-half of all other farm income
pertaining to the property. 60% of rent represents rent of irrigation
equipment and remaining 40% of the rent represents rent of the land.
Landlord pays for repairs to pumps and all other improvements below
surface ground. Lessee pays for repairs to the sprinkler, motor and all
other improvements above ground. Each party participates in marketing of
the crops. Government Farm payment received annually, approximates to
$5000 DCP.
Irrigation and water sources: Center Pivot (2 - Valley Sprinkler
8 Tower Serial # 11811216 and #11812020 Rev C) that covers 250 acres,
see attached inventory of complete 960 acre parcel. Owner presently has
2 wells drilled and will add one well and connect to existing irrigation
system immediately after closing. Irrigation wells are ran off natural
gas motors. Sprinklers and wells in excellent condition.
Equipment: View complete list in our photos and documents (this
is the list for the entire 960 Acre combination of 3 - 320 acre
parcels). List includes all sprinklers, irrigation wells, gear head,
drive lines and cooling coils. In addition the list reflects one
electric generator, electric submersible pump and 2 rotophase.
Utilities: There is Electric 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: Some are owned by current owner and will convey at time
of sell.
Real Estate Taxes, (2009) $754.35 with no other cost.
No Pipelines or other Easements known to date.
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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TW BoO 960 ACRE TRACT EQUIPMENT LIST
East ½ Section 18, North ½ Section 3, West ½ Section 2
1 - Valley Sprinkler 8 tower Serial # 11811216 Rev C
1 - Valley Sprinkler 8 tower Serial # 11812020 Rev C
1 – Lockwood Sprinkler 8 tower model #2265 serial # 807780
1 – Zimmatic Sprinkler 8 tower model #307 507 serial # L18928
1 – Lockwood Sprinkler 8 tower model #2265 serial # 810407AA
1 – Lockwood Sprinkler 8 tower model #2265 serial # 810409AA
6 Irrigation wells
5 – Natural gas motors
1 – MM 8001 serial # 0628001
1 - MM 05-6A serial # 34203059
1 – GM V-6 serial # 393841
1 - GM 350 108 AH M805260024
1 - GM 350 108 AH M805260009
5 – Gear Head, drive line, and cooling coil
1 – Amarillo serial # 2BL-90 65264
1 – Amarillo serial # 2BL 55830
1 – Randolph model # G100 serial # 913371
1 – Randolph model # G125 serial # 921580
1 – Randolph model # G100 serial # 910249
1 - Electricity generator
1 - Electric submersible pumps
2 - rotophase Information
is taken from sources believed reliable; however, no guarantee is made
by the real estate company. |
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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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