Fantastic find in the northwest Texas Panhandle in a heavy agriculture area. There are 480 acres currently under center pivot irrigation with potential for 120 more acres to be developed into irrigated farmland. There are 198.54 acres enrolled in the CRP program that is paying $49.50/acre until September 30, 2021. Three phase electricity supports 8 electric submersible wells pumping between 100 and 200 GPM each for a total of 1,175 gallons to the current seed milo, white corn and wheat circles per the well tests performed in October of 2019. There are 4 quarter mile 2011 Zimmatic sprinklers in use. This prime acreage that lies on Highway 54 and near XIT Feeders and Friona Feeders. Fertilizer pumps and equipment not included in sale. Visit www.xitfarm.com for full description
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From Dalhart, TX, go west on Highway 54 approxmately 8.4 miles. Property will be on your right across from XIT Feeders.