Lamb County Irrigated Farmland
Lamb County Irrigated Farmland
Price: $286,200.00 Total Acres: 159 Irrigated Acres: 122 Dryland Acres: 8.50 Grass Acres: 28.50 Taxes: 537.09 Mineral Rights: 1/2 owned convey
This is a nice farm with many improvements. It is being cash leased to a very good farmer, who has expressed interest to continue leasing it. The tenant takes care of all the repairs, making this farm a really nice investment. There are many depreciable assets including water wells and a sprinkler. There are six submersible wells producing around 320 gpm during peak summer usage. The sprinkler and all the wells are tied together with 6 inch 80 psi PVC. There is another original well with a small pump in the hole. This well is a light producer and the owner will remove the pump and pipe prior to a sale. There is also a house well on the SW corner of the property. There is a 1994 Valley 6000 Sprinkler with 37,789 hours. The sprinkler is nozzled for 300 gpm. It has 24” wheels and a reverser. There is a mechanical flow meter on the sprinkler. There is a 1,000 gallon poly fertilizer tank and a John Blue fertigation pump that will convey with the sale.
ReportTerraMetrics a map error Map data ©2016 Google Imagery ©2016
Eight miles south of Olton on FM 168. Turn west 1/2 mile on CR 202 to the SW corner of the property. Latitude: 34.060691 Longitude: -102.166013
Listing Agent
Eric Turpen (http://www.cliftlandbrokers.com/agent/eric-turpen/) Email (mailto:[email protected]) 806-679-6206
Price: $286,200.00 Total Acres: 159 Irrigated Acres: 122 Dryland Acres: 8.50 Grass Acres: 28.50 Taxes: 537.09 Mineral Rights: 1/2 owned convey
This is a nice farm with many improvements. It is being cash leased to a very good farmer, who has expressed interest to continue leasing it. The tenant takes care of all the repairs, making this farm a really nice investment. There are many depreciable assets including water wells and a sprinkler. There are six submersible wells producing around 320 gpm during peak summer usage. The sprinkler and all the wells are tied together with 6 inch 80 psi PVC. There is another original well with a small pump in the hole. This well is a light producer and the owner will remove the pump and pipe prior to a sale. There is also a house well on the SW corner of the property. There is a 1994 Valley 6000 Sprinkler with 37,789 hours. The sprinkler is nozzled for 300 gpm. It has 24” wheels and a reverser. There is a mechanical flow meter on the sprinkler. There is a 1,000 gallon poly fertilizer tank and a John Blue fertigation pump that will convey with the sale.
ReportTerraMetrics a map error Map data ©2016 Google Imagery ©2016
Eight miles south of Olton on FM 168. Turn west 1/2 mile on CR 202 to the SW corner of the property. Latitude: 34.060691 Longitude: -102.166013
Listing Agent
Eric Turpen (http://www.cliftlandbrokers.com/agent/eric-turpen/) Email (mailto:[email protected]) 806-679-6206
