Section 84 HWY 385

Property Description

Location:
This property is located about 1 mile south of Springlake, Texas off HWY 385. The farm is approximately 60 miles northwest of Lubbock, Texas, and about 90 miles southwest of Amarillo, Texas.

Acres:
+/- 321.5

Description:
One-half section of irrigated farmland has been well fertilized and maintained. Great for growing wheat, cotton, or corn. Farm also sits in a good water area.

Water: 
There are 3 well pumps on the farm with a combined 600 gpm (per owner).

History: 
Over the past several years, the property has many been developed into the prime farm ground it is today.

Improvements: 
The 3 wells are all electric and are connected together. There are 2 Reinke center pivot sprinklers.

Minerals: 
Owner will convey 50% of owned mineral rights and 50% of owned wind rights.

Landscape:
The farmland is relatively level and readily available for farming usages with rich loamy soil.

Exclusions: 
There are no exclusions.

Zoning/Easements: 
The farm is outside any municipality and not zoned.  There are no known easements that adversely affect operation of the farm.  It is anticipated that all existing easements will be identified by surveys performed in connection with the sale process.

Price: 
$956,462.50.

Water Conservation District: 
The property is located in the High Plains Underground Water Conservation District.

Area: 
The farm is located in north Lamb County and sits on HWY 385.

Access: 
The property has access on the west side by HWY 385 and on the north by CR 94.

Directions: 
From Springlake, Texas, go south on HWY 385 about 1 mile to property. Farm lies on the east side of the highway.

 

PROPERTY INFORMATION

Area: Springlake, TX
County: Lamb
Status: Sold
Price: $956,462.50.
Per Acre: $2,975.
Type: Farmland-Irrigated
Size: +/- 321.5 acres

Documents

Lands of America Listing

CONTACT

Offered By: Bruce Bridges
Email: phyllisb@trianglerealtyllc.com
Cell Phone: 806-647-6520
Office Phone: 806-367-8334

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