Located In: Farnsworth, TX

Property Description

Excellent farm near Farnsworth with ±730 acres total, +/- 487 acres are under center pivot irrigation; has produced exceptional cotton the last two years. There are 2 wells with 1 new. Each are pumping at 500 GPM. There is a potential for more wells if needed. Three phase electricity runs down the south and west sides of the farm. The perimeter is completely fenced and is in very good condition. The property has a newer well along with an existing well that each produce about 500 GPM for a total of 1,000 GPM. Owner has performed some other test holes as well that look great.

Price: $2,044,000

Status: Off Market

Type: Irrigated Farmland

Size: ±730 Acres

The property is located just under 1 mile north of Farnsworth, TX, or about 11 miles SW of Perryton, TX. The closest international airport is in Amarillo, TX, and is right at 105 miles from the property.

Property Info and Links

Water:
The property has a newer well along with an existing well that each produce about 500 GPM for a total of 1,000 GPM. Owner has performed some other test holes as well that look very good.

Hunting:
This area is known for the excellent pheasant hunting. There are also some quail and deer that are seen occasionally.

History:  
Throughout the years, this property has been producing mainly corn, milo, and wheat. The last two years it has produced an excellent cotton crop.

Improvements:
Property improvements consist of a mile Valley sprinkler system, two irrigation wells, submersible well, and a fairly new 5 strand barbed wire fence around the pereimeter of the farm.

Minerals:
No mineral rights are available for purchase from the seller.

Landscape:
The terrain is mostly flat and readily available for farming usage. A small playa lake resides on the west edge of the property, but is not in the way of the center pivot irrigation.The soils here within are listed with accompanying percentages for area of interest totaling 100%: Sherm clay loam (PuA) 59%; Sherm clay loam (PuB) 32.4%; Ness clay (Ra) 5.1%; Sunray silty clay loam (UcB) 1.8%; Laxbuddie clay (Re) 1.6%.

See soil report for more information.

Exclusions:  
The current cotton crop will not convey with sale of the property.

Zoning/Easements:
The land is outside any municipality and not zoned.  There are no known easements that adversely affect the farm operation at this time.  It is anticipated that all existing easements will be identified by surveys performed in connection with the sale process.

Taxes:*
$3,395.00.

Water Conservation District:
The property is located within the North Plains Groundwater Conservation District.

Area:
The farm is located in the northeastern quadrant of Ochiltree County, Texas, just 1 mile north of HWY 15 and Farnsworth, Texas.

Access:
County Road 7 is an all-weather road running along the west side of the property along with County Road M that runs along the south edge.

Directions:
From Perryton, Texas, take Highway 15 about 11 miles towards the southwest and turn north on CR 7. Continue about 1 mile to southwest corner of the property.

DOCUMENTS

Hydro/Topo/Google Maps

Soil Report

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Additional Property Details

MLS# 19-106

1
2 Wells

2
Pivot Irrigation

3
Three Phase Electricity

4
Fenced Perimeter

Property Map