11612 acres in Fannin County, Texas
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Details about the Land
Description of the Land
Farm is actually across Red River in Bryan County Oklahoma.
This diversified farming and ranching operation, located on the Red River in Bryan County, Oklahoma, is now being offered for sale. This active enterprise consists of an exceptional working irrigated row crop farm, pecan operation, silage operation, grazing lands and an active sand pit.
The operation is located near Yuba, Oklahoma on the Red River just north of Bonham, Texas. Access to the property is generally off of Hwy 78.
5,574 +/- acres are currently farmed; primarily planted in corn, soybeans and winter wheat.
3,530 +/- acres are irrigated row crops
Whole Corn (Average Yields = 180-210 BPA)
Soybeans (Average Yields = 60+ BPA)
Wheat (Average Yields = 70+ BPA)
Acreage above includes 250 acres of irrigated pecan orchard containing 8,200 trees planted in February of 2007, 2008 and 2012.
2,044 +/- acres of non-irrigated farmland in row crops:
Whole Corn (Average Yields = 145 150 BPA)
Soybeans (Average Yields = 40 50 BPA)
Winter Wheat (Average Yields = 60 70 BPA)
Native Pecans located in Rangelands:
There are approximately 1200 native pecans on the property that are included in annual harvest (last 4 years average annual yield ~80,000 lbs.)
Water and Irrigation:
40-44 inches per year.
Surface Water from Red River and/or Brown Creek:
1) South Pump Station (3,950 acre feet of water rights):
350 HP pumps in river
Pressure to pivots:
394 HP sub. pump at station
175 HP centrifugal pump
355 HP sub. pump
2) North Pump Station (2,275 acre feet of water rights):
194 HP sub. pump at Brown Creek
120 HP centrifugal pump at Brown Creek
155 HP sub. pump at Brown Creek
Pressure To Pivots:
175 HP vane pump
175 HP centrifugal pump
150 HP centrifugal pump
140 HP centrifugal pump
Groundwater (2,465 acre feet of water rights):
8 Irrigation Wells:
1) Older wells-
#66 Well 50 FT depth 500 GPM Diesel Powered
BROWN CREEK 50 FT depth 200 GPM Diesel Powered
#81 WELL 50 FT depth 200 GPM Diesel Powered
#53 WELL 50 FT depth 250 GPM Diesel Powered
2) Newly established wells -
ALLISON 50 FT depth 400 GPM Var. Speed Electric
EAST 07 PECANS 50 FT depth 400 GPM Var. Speed Electric
WEST END ROW 131 50FT depth Not in Service
ROW 55 NORTH WEST 50FT depth Not in Service
5 of the pivots are permitted to use effluent water from a nearby dairy operation.
Approximately 10 Miles of underground water lines are in place for the pivot systems and the pecan orchards all have underground sprinkler lines from shallow water wells.
18 Pivots: Ranging in size from 105 to 200 acres.
Approximately 5,828 +/- acres are in improved rolling pastures primarily used for livestock grazing and some hay production. Currently running a conservative cow/calf herd with ~650 cows. Manager feels there is capacity to grow herd significantly. There are multiple ponds, small lakes, creeks and water wells located throughout the rangeland. Some of the pasture may be suitable for row crop farming as well.
The diverse enterprise also includes a major sand harvesting operation from the Red River. Operation was started in 2005 and has grown significantly since inception. For the first half of 2013 the sand operation has grossed $2,335,145 with an EBITDA of $903,216. Product is screened and graded for sale into markets for the local area.
Elevator 1: 76,000 Bushel Capacity Bins; One 4000 BPH LEG; 6,000 Bushel Wet Bin w/Delux Grain Dryer
Elevator 2: 21,600 Bushel Capacity Overhead Bins w/ 4,000 BPH LEG; 120,000lb. capacity truck scale (10X70)
Fuel Storage (covered):
One 12,000 Gallon Tank and one 18,800 gallon tank
Silage Bunkers (Concrete Construction):
Total Capacity of 52,000 tons (4 concrete bunkers: 2 at 15k tons capacity and 2 at 8k ton capacity)
Underground Utilities: Miles of 3 phase power is laid underground throughout the farm.
Multiple farm houses, barns, livestock/domestic water wells, fencing, storage sheds and 6 sets cattle working pens are found throughout the property.
Rolling Stock and Equipment:
The farm and ranch rolling stock and related equipment currently used by the seller are not included in the asking price; however, it is available for purchase separately.
The heavy equipment, rolling stock, etc. used for the sand operation is included in the asking price and will convey.
Management and Operations:
The farm and ranch operations are managed by 1 Farm/Ranch Manager and 9 other full time employees.
The sand operation is managed and staffed separately.
Additional information including financial information, further operational data, equipment lists, etc. will be provided to qualified buyers and subject to the execution of a non-disclosure agreement.
Asking $ 47,585,050 ($4,941/acre) for entire farm & ranch including the sand operation. Sand Pit alone asking $14,000,000 on approximately 210 acres. Farm/Ranch without sand pit operation asking $33,585,050($3,565/acre).
Note: The information contained herein has been gathered from sources deemed reliable; however, Republic Ranches, LLC, it brokers and agents cannot guarantee the accuracy of such information. The information contained herein is also subject to changes, errors, omissions, prior sale or withdrawal of property from the market without prior notice, and approval of purchase by owner. Prospective buyers should verify all information to their satisfaction.
Bonham, Texas, 74741
NOTE: The information contained herein is provided as general information only and has been obtained from sources deemed reliable. It is provided without any guaranty, warranty or representation, expressed or implied, made by LandsofAmerica.com, or any related entity, as to the accuracy or completeness of the information. The information is presented subject to errors, omissions, change of price or conditions, prior sale or withdrawal without notice. Prospective purchasers should make their own investigations, projections and conclusions concerning the information.