Property Description
Fantastic find in the northwest Texas Panhandle in a heavy agriculture area. Currently, there are ±535 acres currently under center pivot irrigation with potential for about 2,000 more acres to be developed into irrigated farmland. That acreage just came out of the CRP this year and could be grazed or developed further. There are 10 wells in use pumping between 200 and 250 GPM each to the current circles. The wells have a water level of approximately 70 feet. A great setup near the entrance of the property includes two residences, a 750 head grow yard and a 100 foot quonset barn. This prime acreage with easy access with its highway frontage and near large meat processors and feedyards.
The property is located about 6 miles southeast of Texline, Texas. Amarillo, Texas, is about 115 miles to the southeast of the property.
Additional Property Details
Minerals:
The current owner will retain 50% of all wind and any currently owned mineral rights.
Landscape:
The land is gently rolling across the property sloping towards the southeast. The soils here within can be are listed with the accompanying percentages with total area of interest equaling 100%: Dallam loamy fine sand (DaB) 68.6%; Dallam fine sandy loam (DlA) 17.3%; Vingo and Dallam soils (VlC) 8.9%; Perico fine sandy loam (PeA) 3.9%; Dallam fine sandy loam (DlB) 1.3%.
See soil report for more information.
Exclusions:
Any exclusions will be resolved at time of negotiations.
Zoning/Easements:
The property is outside of any municipality so is not zoned. There are no known easements that would affect operation of the farm. It is anticipated all existing easements will be identified by surveyors.
Estimated 2017 Base Taxes:*
$13,613.67.
Water Conservation District:
The property lies within the North Plains Groundwater Conservation District.
Area:
Chesnut Farms is located in the northwest quadrant of Dallam County.
Access:
HWY 87 runs along the northeast corner of the property.
Directions:
From Texline, Texas, go southeast on HWY 87 about 6 miles to the northwest corner of the property.
MLS# 19-1975
Property Map
Sold Listing Agent: The Haynes Team
Licensed In States: TX, NM, OK, CO
E-mail: us@trianglerealtyllc.com | Cell Phone: 806-513-5055
Meet The Haynes TeamSold Listing Agent: JT Haynes | Broker/Owner
Licensed In States: TX, NM, OK, & CO
E-mail: jtj@trianglerealtyllc.com | Cell Phone: 806-513-5055
Meet JT HaynesThe listing data on this web site is provided on an "as is" basis and for information and reference purposes only. We do not claim to review the accuracy of information and other materials available online about the clients that utilize its services. All those that review this site should take the appropriate precautions to verify all information. Neither owners or employees, or trianglerealtyllc.com or its affiliates can be held liable for typographical errors, layout error, or misinformation contained herein.