-SOLD-NO STATE INCOME TAX IN TEXAS! Folks, this is one of the best irrigated farms in Texas. If it's not the best water in the state, it's surely some of the best. Of the 7,235 total acres 5,358 are irrigated by 28 pivots with pump delivery from 725 GPM to 1,700 GPM. With a saturation of 350 - 450 av., the delivery from some of these wells is limited only by pump size. 1/3 of the farm is NG, CAT power, with the exception of 2 Moline 800s. The other 2/3 is electric with 200 - 250 HP motors. A few older pivots are 1994 - 95; however, the bulk of the farm was built from 2004 - 2008 and that is the age of most. The soils are clay loam, class II. Corn yields average 245, wheat 95 & cotton 2.50 - 2.75. Last year the cotton on the dry corners of the neighboring farms averaged 1.25 as you will see in the last photo. This farmer does not plant the corners, as he and his wife only use 2 full-time employees This farm has a lease value of $1.3M/year and the price is firm. -SOLD- |