NE Spearman 729
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Craig Cooper
Craig Cooper
Triangle Realty
Available

NE Spearman 729

$2,500,000 729 Acres
Property ID 5447769

Description

PROPERTY DESCRIPTION

Location:

This property is located 13 miles East of Spearman, TX and and hour and a half North of Amarillo, TX.

Acres:

+/- 729

Description:

This farm is very flat with excellent soil. This farm has 3 established wells, an underground water line and 2 existing sprinkler pads. The sprinkler configuration could cover +/- 425 acres. When in operation the middle well was pumping a solid 1,200 gpm.

Water:

This property has 3 established wells. One of the wells is owned by Chapparal Oil Company, it could possibly be transferred. The middle well on the property is drilled 650 ft. with 250 ft. of saturated thickness. The West well was drilled to 502 ft. and they stopped drilling in water sand coarse. The Chapparal well drilled to 610 ft. The static water level in the area is 370-400 ft. and staying steady.

History:

This farm has been primarily a wheat and cattle farm. At one time it was irrigated under row irrigation and later with sprinkler irrigation.

Improvements:

Improvements on the property include 3 wells and an underground water line to 2 existing sprinkler pads. Also, a 160 x 40 ft. quonset barn with concrete floor in excellent condition. A few storage storage buildings and a processing area with a hydraulic chute.

Minerals:

None to convey.

Landscape:

The land is mostly flat and readily available for farming uses. The soils here within are listed with the accompanying percentages with total area of interest equaling 100%: Sherm clay loam (PuA) 91.9%; Sherm clay loam (PuB) 4.82%; Darrouzett clay loam (RcA) 3.28%.

See soil report for more information.

Exclusions:

The existing crops will be excluded from the purchase of the property.

Zoning/Easements:

The property is outside of any municipality so is not zoned. There are no known easements that would affect operation of the farm. It is anticipated all existing easements will be identified by surveyors.

Estimated 2017 Base Taxes:*

$4,400

Water Conservation District:

The property lies within the North Plains Groundwater Conservation District.

Area:

The farm is located in the southwest quadrant of Ochiltree County.

Access:

County Road R borders the property on the north side and County Road S borders the property on the south.

Directions:

From Spearman, TX travel East on FM 759 for 10 miles, turn North on CR 5 for 3 miles and you will be at the SE corner of the section.

Directions

From Spearman, TX travel East on FM 759 for 10 miles, turn North on CR 5 for 3 miles and you will be at the SE corner of the section.

Land

Barn Information
Barn(s)

Present Use
Agriculture

Lot Description
Acreage

Proposed Use
Agriculture
Commercial
Dairy
Hunting/Fishing

Number of Wells
3

Tax Data (Show Tax Data)

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Craig Cooper
Craig Cooper
Triangle Realty

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    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 Lands of America, 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.