Miller Half Section

Farm/Ranch for Sale
Catylist Listing ID: 30498105
Property Subtypes: Cash Crop
Gross Land Area: 320 Acres
Sale Price: $880,000
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/7/2021

Overview / Comments

Well maintained, Southern Castro County farm for Sale.
Productive Farm
This farm has proven history of producing corn, cotton and wheat. Farm is equipped with two 7 Tower Zimmatic Pivots, equipped with Chem-igation check valves.  They are tied together by underground line allowing for the sharing of water between pivots.  Pivots are currently packaged at 500 GPM and can be ran one at a time with that setup.

Topograpy
Farm for the majority is level to very gently sloping, there is some slope in the SW corner  and the south boundary of the farm towards adjacent playa lakes off of the property.

Soils
Soils are a mix of predominantly Clay Loam, Acuff Loam and Estacado Loam which are well suited to grow the major commodities that grow well in the area.  Loamy soil should also hold up well to wheat pasture grazing if desired.

Wells
There are 2 submersible pumps and 2 vertical turbine pumps. Farm has good accessibility for overhead electrical and possible room for additional wells.  Drillers logs are attached in MapRight map, simply click map to see the images of driller logs. (Source High Plains Water District)

Hunting and Recreation
Wheat pasture potential would offer great potention for Flyway hunting of Sandhill Crane and Geese along with great potential for Pheasant with adjacent playa lakes on two sides.  Possible potential for occassional Mule Deer on forage in mornings and evenings coming out of adjacent CRP.

Reservations
Owner intends to reserve ½ of existing minerals if any exist and ½ of commercial wind production royalty rights. 

Location Keypoints
Good accessibility to farms with good county roads and two state highways within 1 mile of farm. This farm is in area with many large scale dairies and small to large feedyards that will from year to year purchase commodities grown of the farm. Also, due to cattle feeding in area has the potential for owner to acquire barnyard manure for fertilizier.  

Additional Details

Nearest MSA: Plainview
County: Castro
Highway Access: Good accessibility to farms with good county roads and two state highways within 1 mile of farm. From intersection of US 70 and FM 1055 in Earth, TX head north for 6 miles then west on CR 630 for one mile. You will be at SE corner of farm. Farm is approximately 1 mile in length east to west and approximately 1/2 wide north to south.
Legal Description: Legal Description: (East 1/4) 455 BLK 2 SEC 20 SE 1/4 HALSELL S/D; (West 1/4) 455 BLK 2 SEC 20 SW 1/4 HALSELL S/D

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Demographic Statistics

Proximity: 5 miles
Total Population: 528
Median Age: 42.64
Households: 203

Contact

Photograph of Listing Agent

Monty Edwards

M. Edwards, REALTORS West Texas CIE Member
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