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Cochran County Irrigated Farm

Morton, TX 79346

Cochran County, Texas

5,000 Acres
$15,000,000 USD
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Ranch Description

Cochran County Irrigated Farm is a 5,000+/- acre irrigated farm that is geared to organic crops located in Morton, Texas. This property has a great return on investment while growing organic alfalfa, triticale, and peanuts. The farm sits in a great location to sell hay to dairies up and down the South Plains, the Texas Panhandle, and into New Mexico. This irrigated farm has approximately 3,500 wet acres being serviced by 23 sprinklers. Per the owner, the approximately 100 wells pump roughly 11, 850 gallons per minute. The current tenant farms a little over 1,500 acres in alfalfa. The farm produces five full cuttings a year and also attains about three quarters of cutting on the sixth round while being farmed organic. The balance of the farm produces triticale and peanuts, also being organic. The equipment includes mainly Zimmatics with a few Pierce models and one Valley. All the wells are submersible and are powered by electricity on the alfalfa. The wells on the balance of the farm are powered by gas generators. Most pumps are in the 10 hp range. Also on the farm is one large covered hay barn that is used mainly to cover equipment. The property sits in the High Plains Underground Water Conservation District. The outdoor enthusiast will enjoy a property that has both Bobwhite and Blue Quail as well as mule deer. This irrigated property has a great return on investment based on the rental rate from the current tenant, which is in the first year of a seven-year agreement. We would be glad to discuss the details.

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RANCHFLIP ID
271365
MLS / Internal / Other ID
TX416806
Posted on RANCHFLIP
65 Days Ago
Last Updated
65 Days Ago
Views
334
Saves
2
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