This 1,447-acre Texas Panhandle farm, located approximately 4 miles northwest of Dimmitt, Texas, is one contiguous tract of land with 1,104 acres currently enrolled in the USDA Conservation Reserve Program (CRP). The annual CRP payments total $43,413.00. Approximately 238 acres are in cultivation and cashed leased. Irrigated crops have been produced previously on the farm. As evidenced by the farm’s USDA-FSA crop bases, commodities produced have included wheat, oats, corn, cotton, and barley.

Prior to enrollment of the property in the CRP, irrigation facilities (wells, underground pipe distribution system, and center pivot sprinkler) were in operation, with sufficient subsurface water to support the crop program. The decision to enter the farm in the CRP was based upon factors outside the availability of subsurface water. A number of farms in the immediate area currently produce irrigated crops, thereby indicating potential to re-establish a portion of this farm into irrigated crop production. Information obtained from High Plains Underground Water Conservation District (HPUWCD) indicates presence of irrigation quantity water under this farm similar to that of others in the area. HPUWCD water monitoring information, along with logs of wells drilled previously on the property is available for further investigation.

The farm’s perimeter, along with a few cross fences, is fenced with 4-strand barbed wire ranging from good to fair condition.

The potential for irrigation production, along with CRP income make the farm a solid base for producing consistent annual returns on the investment.

This 1,090-acre Brazos Valley irrigated farm, located approximately 10 miles southeast of Waco, Texas, is one contiguous tract of land with 920 cultivated acres (87.5% irrigated, 12.5% dryland). The farm has a long history of use for irrigated crop production with indications via water rights documents that it was irrigated as far back as 1918. While corn and cotton have historically been the primary crops produced (evidenced by 864.5 acres of USDA-FSA crop bases – 73.6% corn, 20.6% cotton, and balance in wheat base), the land is suitable for production of grain sorghum, wheat, oats and soybeans. Some specialty crops such as melons could likely be produced on the property as well.

Crops on the property are irrigated using water pumped from the Brazos River and Tehuacana Creek via an underground pipe distribution system to seven center pivot irrigation sprinklers. Grain storage facilities, accommodating approximately 340,000 bushels of grain, and a 12,000 SF shop provide additional revenue sources and support for the farm. Other improvements include multiple farm buildings, an office building, and two houses.

The farm is offered with rights adjudicated by the State of Texas to divert 1,060 acre-feet of surface water per annum from the Brazos River and Tehuacana Creek for irrigation purposes. These water rights represent a property right that can be severed from the farm and sold to a third party subject to state law. They are among the oldest rights along the Brazos River (1918 & 1929), and are much higher in priority date than those of most of the Brazos River Systems agricultural and municipal users.

This farm’s diverse features, size, high percentage of quality cropland, irrigation water delivery system, grain storage facilities, and other revenue-producing improvements combine to offer a substantial base for producing consistent annual returns. Coupled with the senior adjudicated water rights, the farm offers significant potential for appreciation.