DCF Spearman Farm

Property Description

Location:
The property is located about 3.5 miles south of Spearman, Texas. Amarillo, Texas, is about 90 minutes to the southwest of the property.

Acres:
±1,629

Description:
Great opportunity to own an established irrigated farm just minutes from Spearman, Texas. In all, there are ten 1/4 mile pivots with ±1,200 total irrigated acres in current production on the farm today. There are also eight wells with a combined gallons per minute of 7,575 gpm. This irrigated farmland is located in a prime agricultural area surrounded by other large ag producers including Seaboard Foods. 

Water:
There are eight irrigation wells with all pumping at about 925 gpm. All of the wells are tied together with 50lb. High Pressure PVC water lines. The four wells were drilled about 6 years ago between 2011 and 2012 and are at depths between 750-820 feet. Four of the wells have gas CAT engines while the rest are electric. 

History: 
Over the years, the owners have predominately used the land for corn and cotton.

Improvements:
Seven of the sprinklers are Valley while the other three are Zimmatic. Two of the Valley sprinklers are nozzled at 800 with the rest at 700. Four of the wells have a Super T Factory Cat Gas Engine. The rest of the wells are powered by an electric engine. Full sprinkler and well details available in the documents section. There are several improvements to the property aside from the ten wells and sprinklers. The western most ±350 acres has a set of cattle pens and an older barn in the southwest corner of the tract. There is also another set of pens and metal cattle shed in the central most ±315 acres. Three-phase electricity is available on the property as well. 

Minerals:
The current percentage of owned mineral rights is unknown at this time. 

Landscape:
The land is mostly flat and readily available for general farming uses. There are two playa lake beds on the edge of two of the pivots that require a windshield wipe movement. The soils here within are listed with the accompanying percentages with total area of interest equaling 100%: Perryton silty clay loam (PtA) 96.79%; Hansford silty clay (HcA) 3.01%.

See soil report for more information.

Exclusions: 
Any exclusions will be resolved at time of negotiations.

Zoning/Easements:
The property is outside of any municipality so is not zoned. There are no known easements that would affect operation of the farm. It is anticipated all existing easements will be identified by surveyors.

Price:
$7,982,100.

Estimated 2017 Base Taxes:*
$6,159.09.

Water Conservation District:
The property lies within the North Plains Groundwater Conservation District.

Area:
DCF Spearman Farm is located in the southeast quadrant of Hansford County.

Access:
The west most acreage is at the intersection of County Road 24 and County Road Z. The rest of the acreage is bordered by Farm to Market Road 760 and intersected by County Road AA. 

Directions:
From Spearman, Texas, go southwest of town on HWY 207 to County Road Z. Continue east about 2 miles. The west most acreage will be at the southeast corner of CR Z and CR 24. See map for more details. 

 

PROPERTY INFORMATION

Area: Spearman, TX
County: Hansford
Status: Available
Price: $7,982,100.
Per Acre: $4,900.
Type: Irrigated Farmland
Size: ±1,629 Acres

Documents

www.DCFSpearman.com

Hydro/Topo/Google Maps

Soil Report

Pivot / Well Specifications

Well Logs

CONTACT

Offered By: JT & Jamie Haynes
Email: us@trianglerealtyllc.com
Cell Phone: 806-681-3421
Office Phone: 806-367-8334

* This value is an estimate. You must validate yourself. Please read below.
The listing data on this web site is provided on an "as is" basis and for information and reference purposes only. We do not claim to review the accuracy of information and other materials available online about the clients that utilize its services. All those that review this site should take the appropriate precautions to verify all information. Neither owners or employees, or trianglerealtyllc.com or its affiliates can be held liable for typographical errors, layout error, or misinformation contained herein.


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Farm & Ranch Show
November 27th - 29th, 2018
Amarillo Civic Center
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Dallas Safari Club Convention
January 17-20 2019
Dallas, TX
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Panhandle Groundwater Conservation District Symposium
Spring 2019
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NCBA - National Cattlemen's Beef Association Convention & Tradeshow
January 30 - February 1 2019
New Orleans, LA
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