Ben G. Scott
Owner/Broker

Krystal M. Nelson
Broker/NM Qualifying Broker

Gerald M. Smith
Broker Associate

Shawn Gillispie
Sales Associate

Robert Nelson
Sales Associate

Phone
(800) 933-9698
5 a.m. - 10 p.m., C.S.T.

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CASTRO COUNTY RUNNING WATER DRAW 319
CASTRO COUNTY RUNNING WATER DRAW 319





State: Texas

Region: Panhandle

County: Castro

Property Type: CRP, Native Grass, Cultivation

Acres: 319 acres more or less

Location: SE of Dimmitt, Texas and SW of Hart, Texas


This property is surrounded by sprinkler irrigated farmland and has great potential for sprinkler irrigation if broken out accordingly as it is located in a strong water are of Castro County, Texas.

The property consists of 319 acres more or less with 221.4 acres enrolled in the Conservation Reserve Program at a rate of $39.33 per acre through September 30, 2008. A new CRP contract is in place on 221.3 acres for an additional ten years at a rate of $39.37 per acre, however, it is the thought that the land could be taken out of the program for a minimal penalty prior to the first CRP payment being paid in 2009 on the new contract (this is subject to change with a new Farm Bill).

The balance of the land is currently farmed dryland at this time. There are two irrigation wells on the property and a domestic well used at a set of cattle working pens along the west side of the property. A pivot pad was poured over ten years ago and was used for a short period with a center pivot sprinkler and one of the wells. The two wells are tied together with PVC and some concrete underground lines.

 
   
 
   
   
 
 
   
Scott Land Company ~ Mailing address: 1301 Front Street ~ Dimmitt, Texas 79027 ~
Physical Office Address: 1368 North Hwy. 385, Dimmitt, Texas.

Independently owned in the Real Estate Business for over 40 years, specializing in farms and ranches, both Dry and Irrigated
The information contained herein is as obtained by Scott Land Company - Dimmitt, Texas from the owner and other sources and even though this information is considered reliable, neither broker nor owner make any guarantee, warranty or representation as to correctness of any data or descriptions and the accuracy of such statements should be determined through independent investigation made by the prospective purchaser. This offer for sale is subject to prior sale, errors and omissions, change of price, terms or other conditions or withdrawal from sale in whole or in part, by seller without notice and at the sole discretion of seller. Readers are urged to form their own independent conclusions and evaluations in consultation with legal counsel, accountants, and/or investment advisors concerning any and all material contained herein.