1,447 acres in Castro County, Texas

Posted on: October 13th, 2017 by Super Admin

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.

1,090 acres in McLennan County, Texas

Posted on: October 13th, 2017 by Super Admin

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.

Cordova Road, Seguin, Texas

Posted on: August 12th, 2017 by Super Admin

A 100-acre tract of land that lies in the epicenter of South Central Texas booming housing and commercial region just north of Sequin and east of New Braunfels. This prime investment/development property borders the northern city limits of Seguin, with easy access to state highways 123 and 46. Located in the highly regarded Navarro Independent School District, this competitively priced property offers rapid appreciation potential as development of the surrounding area continues.

Currently operated as a dry-land farm, the property affords consistent lease revenue and significant property tax savings through its agriculture-based property tax exemption. Neighboring properties include several well-maintained housing subdivisions, rural homes, and agricultural tracts.

Its ready access to SH-123 and SH-46, and close proximity to IH-10, IH-35 and SH-130 Tollway, put first-class schools, bustling retail centers, restaurants and major employers just minutes away. This tract offers prime development opportunities for the discerning investor or developer.

The Area
Seguin is in the heart of one of the hottest growth corridors in the county. Home to 30,000 residents and multiple Fortune 500 companies, its pro-business culture and lower cost of living make it a prime location for a diverse array of businesses and an attractive place to call home. In addition, it is the retail hub for three counties- Guadalupe, Gonzales and Wilson with a trade area population of 115,000. Traffic counts on major arteries serving this region are projected to as much as double in the next 17 years, reflecting Seguins growing attraction as a place to live, work and play. While numerous subdivisions and developments dot the map around this tract, the demand for housing continues to be strong. Available housing inventory at year-end 2016 was a low 2.3 months.

Austin/San Antonio Corridor – Development Property

Posted on: January 9th, 2017 by Super Admin

This 515-acre tract of land lies between Austin and San Antonio, in one of central Texas fastest growing areas – in the corridor between State Hwy 123 and TX-130 Toll Highway. It is certain to appreciate in value as Austin, San Antonio, and the towns between them continue their impressive growth. Located approximately 13 miles southeast of San Marcos in Guadalupe County, the property is one of the last farms of its size available for sale in this area.

The acreage consists of two tracts [303.6 acres & 211.7 acres] divided by Bylerpool Road. Each tract is bounded by paved roadway frontage on two sides. Water lines (Crystal Clear Water Supply Corporation) and power lines (Guadalupe Valley Electric Co-Op) run alongside each tract. There is no wastewater treatment service. However, the property is well-positioned to benefit from nearby York Valley MUDs ability to issue tax-exempt bonds to fund or reimburse wastewater and other infrastructure improvements.

The land is currently operated as a dry-land farm, which affords consistent lease revenue and qualifies it for an agriculture-based property tax exemption. Property taxes (based upon agriculture use) are less than $1,500 per year, and will continue in this range so long as the farm is operated or leased for agriculture use.

Commercial Office Buildings

Posted on: October 31st, 2014 by Super Admin

Red River Ranch

Posted on: October 31st, 2014 by Super Admin

Brazos River Farm

Posted on: October 31st, 2014 by Super Admin

Gossett Farms

Posted on: October 31st, 2014 by Super Admin

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