Chick's Place

Farm/Ranch for Sale
Sale Pending/Contingent
Catylist Listing ID: 30642756
Property Subtypes: Cash Crop, Truck
Status: Pending/Contingent
Gross Land Area: 176.28 Acres
Sale Price: $317,304
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/25/2020

Overview / Comments

Property has 176.28 acres with 168 of those acres in drip. The Drip irrigation is spaced at 80" and has 15 zones. Farmland has been planted primarily in cotton in previous years but is currently not planted to a crop for 2020. The farm is also equipped with a Lockwood Center Pivot. With Drip Irrigation, wells, underground line (estimated at 4200 (LF) and pivot, this farm has a significant amount of depreciable assets. It is primarily Amarillo Fine Sandy Loam which is desirable for irrigated or non-irrigated farming practices of crops like cotton, grain sorghum, and wheat. Current tenant estimates the irrigation volume at 150 gpm. This property is in a great location just North of Littlefield and East of Amherst on CR 195. Call today for more details!

Attachments & Media

Additional Details

Nearest MSA: Lubbock
County: Lamb
Tax ID/APN: 11545
Site Description: From Littlefield go N on HWY 385 approx 6 miles, turn West on to FM 37 approximately .5m turn back N on CR 195, at .5 M you will be at the SE corner of the farm.

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Photograph of Listing Agent

Monty Edwards

M. Edwards, REALTORS West Texas CIE Member
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