Irrigated Farm for Sale in SE Oklahoma 1129 Acres
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WM Oklahoma Farm 709 11
 

Property Type Oklahoma Farms and Ranches for Sale | SouthernPlainsLand.com
Address
Southeastern, OK -SOLD-
Location Southeast Oklahoma Land for Sale, near Goodlake and on the Red River.
Acreage 1129
-SOLD- Folks, this Oklahoma Farm for Sale is located just across the Red River from the DeKalb, Texas Farm; about 6 road miles; and, like the DeKalb farm, we have a 52 inch annual rainfall. We're looking at 87 Bu Corn on dry-land & 200 under irrigation with NO DRYING COST; a Local Market for Corn with a 35 Cent Positive CBOT Basis, picked up on the farm; Double cropping Soy Beans & Wheat. In many years, irrigation is only a back up. With drafting from approximately 15 feet, pumping costs are very inexpensive. I don't believe the Cost-to-Production Ratio on these Northeast Texas & Southeast Oklahoma Farms can be beat any where in the United States. We're looking at an average of 45 Bu wheat just on the corners and 70 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 6% for 5 years of the Sale Price of Cultivated Acres, which works out to a NET RETURN of 4.4% or 5.8% if a buyer did not buy the approximately 141 acres of Pecans on the north end. This makes this Farm Oklahoma Investment Property. -SOLD-
Acreage 1,129 acres +/-
Terrain Flat to Gently Rolling; Approximately 912 Cultivated Acres, 418 Irrigated Acres, 845 Cultivated Acres & approximately 141 Acres of Pecans (very large & depreciable), Other Hardwoods & Pond.
Water Excess of 2 Miles of Red River.
Improvements 2 New Irrigation Pivots, New Diesel Motor, Pump & River Drafting Equipment.
Recreation White-Tail Deer, Hogs, Turkeys & Lots of Fishing.
Minerals All that the Current Owners Own Will be Conveyed.
Kalin RO 09
Broker/Agent
903-341-0550
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal.
 
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