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Dallam County, Texas real
estate |
Click on photos to enlarge |
 Listing # TX10004 SOLD PENDING CLOSING
Price $1,100,000.00
640 acres, Dallam County Texas Irrigated Cropland
Location: This irrigated property is located 10 miles Northwest
of Dalhart Texas.
Description: 640 acres of irrigated cropland. A yield of 60+
bushels of Wheat per acre (250 acres in Wheat) 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: 4 - Center Pivot Sprinklers, 4 -
Irrigation wells (4- Natural Gas Motors, 4- Gear Head / drive line and
cooling coil), see attached inventory of equipment with model numbers.
Owner presently has 4 wells drilled and will add 2 wells at time of 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 -- one is currently under contract so the list will be adjusted
accordingly in the future). 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) $1571.96 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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