Location: Approximately 7 miles North of Plainview on Interstate 27, then 1 mile West on FM 788. Property runs ½ mile West and 1 mile North. Hale County.
Price: $1,300 per acre
(Includes house, sprinkler, & barns, a complete package)
Taxes: $ 2,221.86
Wells: 2 irrigation wells, 2 domestic wells
1 – 15 HP (middle)
1 – 20 HP (North)
1 – South – needs work
1 – domestic well at house
1 – domestic well on Northwest corner
Wells are approximately 300’ depth.
Sprinkler: 1 Reinke towable ¼ mile with 2 pads, 10 years old. Nozzled at 225 GPM. Good Condition
House: Nice 1,700+ square foot house with 3 bedrooms, 1.75 baths. Has new carpet, paint, fixtures, countertops and septic system.
Barns: One 30’ x 70’ nice barn with cement floor. One 40’ x 40’ barn with cement/dirt floor.
Bases: Wheat 26.4, Cotton 72.1, Corn 198.5
Yields: Wheat 29, Cotton 582, Corn 150
Direct Payment: $9,802.00
Comments: This ½ section of irrigated farmland lays good, has excellent access, and is ready to farm. The North ¼ section has wheat stubble ready to plant and protect cotton, milo, or other 2008 crops. If you are interested in depreciation and tax savings, take a close look at this property.
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