PROPERTY DESCRIPTION
Property Highlights
- 1,313.13± Total Acres
- Located in Hale County in the Petersburg area
- Frontage on FM 37 and approximately 1 mile from FM 54
- 464.35± Acres of Grassland
- 843.5 ± Acres in CRP (3 Contracts Expiring in 2030)
- Annual CRP Income: $29,166
- Annual Wind Turbine Location Payment: $4,500
- Grazing and Haying Flexibility Under CRP Guidelines
- Predominant Soil: Pullman Clay Loam
- 31 Permitted Irrigation Wells
- 24 Wells on the Large Tract
- 7 Wells on the Half Section
- Wells Approximately 200–280 Feet Deep
- 4 Equipped Wells Producing ~375 GPM Combined
- Electricity Available Throughout the Property
- Strong Potential for Pivot or Drip Irrigation Development
- Attractive Opportunity for Organic Farming
- Excellent Wildlife Habitat Including Deer, Migratory Birds, and Other Native Species
Property Description
This unique offering consists of 1,313.13± acres of grassland and CRP located in the Petersburg area of Hale County, where properties of this size rarely come to market. The ranch offers a strong combination of grazing land, reliable CRP income, irrigation development potential, and wildlife habitat, creating a versatile agricultural investment.
The property includes 464.35± acres of established grassland along with 848.78± acres enrolled in three CRP contracts expiring in 2030, generating $41,838 in annual income. The CRP contracts are transferable to the buyer and allow for grazing and haying flexibility under current CRP guidelines.
In addition to CRP revenue, the property receives $4,500 annually from a wind turbine location payment.
The ranch supports a healthy stand of native grasses suitable for grazing or hay production, while the presence of productive Pullman Clay Loam soils in the tillable areas provides strong agricultural potential.
A key feature of the property is its significant irrigation development opportunity. There are 31 permitted irrigation wells across the property, with 24 wells located on the large tract and 7 wells on the half section. Wells range from 200 to 280 feet in depth. The current owner has equipped four wells producing approximately 375 gallons per minute combined. Electricity is available across the property, providing a strong foundation for future pivot or drip irrigation development.
Because much of the property has been enrolled in CRP, the land may also offer an attractive opportunity for organic crop production with relatively minimal transition time.
Beyond its agricultural potential, the property also provides excellent wildlife habitat, supporting deer, migratory birds, and other native wildlife, making it appealing for recreational use as well.
With steady income, significant depreciable assets, productive soils, irrigation infrastructure, and multiple development possibilities, this property represents a rare opportunity to acquire a large, versatile agricultural tract in the Petersburg area.
Disclaimer
The information provided has been obtained from the owner and other reliable sources. However, Clift Land Brokers and the owner make no warranties or guarantees regarding the accuracy of the data. Prospective buyers are encouraged to verify all information through independent investigations. Clift Land Brokers represents the Seller. Buyer’s Agents must be identified upon first contact and must accompany any prospective buyers during all property showings.
PROPERTY LOCATION
One mile west of Petersburg on FM 54, then north on County Road BB for one mile to the SE corner of the property. The north half section is located at the corner of FM 37 and County Road BB.
Latitude: 33.9127 / Longitude: -101.6338
PROPERTY INFORMATION
Price: $2,101,008
Total Acres: 1,313
Price per Acre: $1,600
Grass Acres: 464
CRP Acres: 844
CRP Payments: $29,166
CRP Expiration: 2030
Taxes: $2,836
Reservations: No Reservations
