-SOLD- NO STATE INCOME TAX IN TEXAS! -SOLD-

Folks, this Irrigated Texas Farm for Sale is just 1/4 mile south of the Red River, 12 Miles north of DeKalb, TX and 40 miles west of Texarkana. Here we have a 48 - 52 inch Average Annual Rainfall. We're looking at 87 Bu average for Corn on dry-land & approximately 140 - 180 under irrigation with NO DRYING COST. A Local Market for Corn at 35 Cents  (above) CBOT. Corn is not the optimum crop here, though. Double cropping Soy Beans & Wheat is the tradition, here. In many years, irrigation is only a back up. Pumping is very infrequent and very inexpensive compared to a $180 per acre, annual pumping cost in the High Plains.

We're looking at an average of 40 - 45 Bu wheat on dry-land and approximately 60 - 80 under pivot. 20 - 40 BU Soybeans on dry-land and approximately 45 - 55 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.

This Farm has a Lease Value of $199,575 making it Texas Investment Property.

Taxes run approximately $2.75 per acre. -SOLD-