Irrigated, Northeast Texas Farm for Sale, G & K Farms, Headquarters
Property Type Farm & Ranch: Texas
Address
Northeastern Texas Farm for Sale
Blossom, TX Farm for Sale
Location Northeast Texas Land for Sale, near Blossom, Texas.
Acreage 1881
Price $6,225,000.00
Price Per Acre $3,189.85
Wichita Falls Texas
Main Office
Office: 940-723-5500
Fax: 775-667-5850

Folks, this here is a Northeast Texas Farm for Sale to behold. With a 44 - 46 inch annual rainfall we're looking at 87 Bu Corn on dry-land & 140 - 180 under irrigation with NO DRYING COST; a Local Corn Market with a 35 Cent, Positive CBOT Basis. Corn is not the optimum crop here, though. Double-cropping Soybeans and wheat is the tradition, here. In many years, irrigation is only a back up. Water is drafted from the large, very clear Lakes. Saving the wrath of God, the water here is nearly unlimited. Pumping is very infrequent and very inexpensive. Compare that to a $250 per acre, annual pumping cost in the High Plains. Keep in mind, these Lakes are collective run-off and there is good nitrogen content in the water; superior to well water.

You're looking at $1,000,000 in Grain facilities, Scales & Gravel alone. We're looking at an average of 40 - 45 Bu wheat on the corners and 60 - 80 under pivot. 20 - 35 BU Soybeans on dry-land and 45 - 60 under pivot. Keep in mind that on most High Plains Farms, your corners are a 25% extra cost without enough yield to justify the fertilizer. Here, every acre produces handsomely. There's no waste here, Folks. Hail Risk here is hardly even a factor. Everyone that visits this farm will be impressed; that's a guarantee.

Owners will Lease-Back at 5% of the Sale Price on Cultivated Acres making this farm Texas Investment Property. The 2008 Property Taxes on this Farm were $13,997.17. Come make us an offer.

Acreage 1,881 Deeded Acres +/- and 204 Lease Acres +/-.
Terrain Flat to Gently Rolling; 1,621 Cultivated Acres, with 820 Irrigated Acres; Nearly All Cultivated.
Water 63 (Surface) Acre Lake, 47 Acre Lake, 27 Acre Lake, Multiple 5 - 10 Acre Ponds & Rural Water.
Improvements 3,598 sf Brick Main House, built in 2003; 1,008 sf Guest House, built in 2002; 1,456 sf Double-Wide; New 450,000 Bu, Fan Cooled Grain Barn; 3 New 50,000 Bu, Fan Cooled Grain Bins; New Truck Scale & Scale House with Bathroom Facilities; 2 Large Metal Shops with Huge Machine Shed Attached; 3 Large Irrigation Pivots; Commercial Catfish Farm (Leased). FOLKS, there is over 2 million dollars in depreciable assets on this farm.
Recreation White-tail Deer, Hogs, Turkeys & Lots of Fish.
Minerals All that Current Owners Own Will Be Conveyed.
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal.