Irrigated Mixed-Use Farm

PROPERTY DESCRIPTION

SOLD

We are pleased to offer this irrigated mixed-use farm on the corner of Highway 70 and FM 2284 east of Olton in Hale County.

Irrigation:

There are 333.5 irrigated acres covered by three pivots.  Pivot #2 is a 2007 Zimmatic covering 124.7 acres, Pivot #3 is a 1999 Zimmatic covering 123.3 acres, and Pivot #4 is a 2008 Zimmatic covering 85.5 acres.  There are eight submersible wells making a combined 400 gpm.  All the wells and pivots are tied together. The Fieldnet systems are owned by the tenant.  There is a livestock well in the NE corner of the property.

CRP, Dryland, and Grass:

There are six corners in CRP, expiring in 2026, and paying $2,064.00 per year. There is a small amount of dryland in the middle of the farm covering 51 acres.  The remainder of the 63.2 acres are in native grass.

Topography:

Circles #3 and #4 are very flat and productive.  Circle #2 is also mostly flat with slop on the SW third sloping towards a large Playa Lake in the SW corner of the property.

Soils:

The soils are very productive with Olton Loam being the predominant soil on 77.76% of the farm, followed by Pullman Clay Loam on 12.8% of the farm.  The rest of the soil is mostly Randall Clay in the lake bottom.

Lease:

The farm is cash leased for the remainder of the 2023 crop year.  The tenant would like to continue operating this farm if a buyer is interested in renting it out.  Contact our office directly for more information about the Lease.

Notices:

The buyer’s agent must be present at all showings.  Underground line locations may or may not be accurate and are approximate from the Seller.  Buyers are encouraged to do their own due diligence to validate all information.  There are two additional farms for sale one mile west of this property.

PROPERTY LOCATION

Five miles east of Olton on US Hwy. 70 to the SW corner of the property. Hwy. 70 on the south, County Road D on west, and FM 2284 on east.

Latitude: 34.193537 / Longitude: -102.031624

PROPERTY INFORMATION

Price: $1,143,859
Total Acres: 497
Irrigated Acres: 334
Dryland Acres: 51
Grass Acres: 63
CRP Acres: 50
CRP Payments: $2,064
CRP Expiration: 2026
Taxes: $755
Reservations:

PROPERTY MAPS

Listing agent