JUST REDUCED!
This 400-acre irrigated farm in Gaines and Dawson Counties offers an exceptional blend of productivity, modern infrastructure, and long-term investment value. Featuring extensive recent upgrades, including new pivot systems and advanced irrigation technology, the property is well positioned for efficient agricultural operations. With strong water resources and turnkey functionality, it presents a compelling opportunity for both producers and investors.
Location:
This 400-acre farm is located in both Gaines County and Dawson County.
Access:
The property sits approximately 3.5 miles off U.S. Highway 180. The farm is easily accessible via well-maintained County Road CC, allowing convenient access.
Irrigation & Water:
The property is well equipped for irrigation with currently 240 acres under pivot. Improvements include:
Two brand-new seven-tower Peters Irrigation pivots.
Nine irrigation wells with a combined output of 900 GPM.
All pivots and wells are equipped with AgSense control systems, allowing for convenient remote monitoring and operation.
Farm Improvements:
The recently installed irrigation equipment adds significant value and functionality to the property. With modern pivots and remote-control capability, the farm is well suited for efficient irrigation management and long-term agricultural production. There is an estimated $548k in depreciable assets, including $180k in pivot deductions, $150k in well and underground pipe, and $218k in soil deductions (paperwork included).
Investment Potential:
This farm offers strong production capability along with substantial depreciable value from the newer irrigation equipment and improvements. It presents an excellent opportunity for producers or investors looking to acquire quality irrigated farmland in the area.
Price:
This property is being offered at $1,400,000, or $3,500 per acre.
Notes: Buyer is encouraged to conduct their own due diligence prior to purchasing. All info listed above is according to the best knowledge of the seller and other relevant sources. The TX Real Estate Group will not be held liable for any information found to be inaccurate during or after closing the buying process. All buyers agents must be identified on first contact and accompany buyers on all showings in order to be given full participation fee. If these requirements are not met, participation fee will be at the sole discretion of the TX Real Estate Group.
Showing Instructions:
Contact Listing Agent: Jude Soileau - 806-801-2030
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