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Protected: Ranch with CRP & Grazing Potential

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Lamb County Irrigated Farm

RECENTLY SOLD This irrigated farm is located just north of Earth in Lamb County. The property features a Reinke sprinkler system irrigating 120 acres, supported by a submersible well producing approximately 100 gallons per minute. The south half is currently planted in fall wheat, while the north half has a new wheat crop. The farm is leased to a neighboring tenant for the current crop year; however, the tenant is open to being bought out of the wheat and relinquishing possession before a summer crop is planted. The corners are in cultivation. The land consists primarily of fine sandy loams, …

This is an isolated farm with newer equipment. Six total wells produce a combined 1,600+/- gpm or 6.43+/- gpm per irrigated acre. All of the wells are electric and powered by Natural Gas Cat Generators. All Valley Sprinklers. There is good barbed wire fencing along the perimeter of each parcel. Note that additional acres of contiguous groundwater rights will convey with the property to provide for pumping allocation and further well exploration and development if desired. The Seller will reserve the right to drill livestock/domestic wells. The purchase of this farm is contingent upon the Seller leasing the farm back …