166.1 Acres in Littlefield, TX - $498,300

The West 166.1 acres, more or less, of the West 168.1 acres of Labor 15, League 636, SCL, Abstract 1900, Lamb County, Texas, Save and Except approximately 2 acres and the structural improvements located on the west side of the property.

General Description:

This property is being operated as a partially irrigated farm, being irrigated by +/-120 acres of drip irrigation. Approximately 40 acres of improved grass is located in the southeast-quadrant of the farm.

The terrain varies from nearly level to gently sloping. Slopes across the property range from 0-3%. Elevation change is approximately 10 feet, being approximately 3,640 feet on the north side and approximately 3,630 feet on the south side.

The soil quality found on this tract is good, being primarily Amarillo fine sandy loam and Acuff loam. Both soils are two of the more productive soils found in the county.

The Farm Service Agency base acres and yields are as follows:

Wheat: 9.6 acres with a PLC Yield of 18 bushels

Corn: 6.6 acres with a PLC Yield of 137 bushels

Seed Cotton: 115.68 acres with a PLC Yield of 1,289 lbs.

Unassigned Generic Base: 28.92 acres

Improvements:

+/-120 acres of drip irrigation on 40-inch centers installed in 2016.

Water:

Four (4) irrigation wells are developed on this tract. All are equipped with electric submersible pumps. These wells range in depth from 200 feet to 260 feet. These irrigation wells have not been test pumped, but were reported to produce approximately 250 to 300 gpm total.

Price:

$3,000 per acre - $498,300

Taxes:

+/-$325

Minerals and Wind Energy:

No minerals will convey. 100% of the wind energy will convey.

Remarks:

If you are in the market for good smaller partially irrigated farm in the central portion of Lamb County, please call Rusty Lawson at (806) 778-2826 for additional information.