North East Texas Farm Portfolio

$12,425,900

Property Details

  • Price:$12,425,900
  • Acres:2,523
  • County:Red River
  • Address:County Road 1370
  • City:Clarksville
  • State:Texas
  • Zip:75426
  • Status:Available
  • Type:Commercial Property, Farms

Property Description

2,523+-acre farm located South of Clarksville, Texas. Multiple parcel farm portfolio comprising of 2,080+ acres tillable of which 750 acres is under pivot irrigation. Dominant soil types are Deport, Houston and Burleson clay soils. Water risk is mitigated with reservoir storage, no wells, and each pivot was designed for extra storage for drought years. All utilities, pumps, pipelines and needed equipment in place and is included in sale.

Currently farm is tenant operated and professionally managed for improving the land through conservation, nutrients, and wildlife. The farm is set up for a buyer/operator or an investor with tenant farmer in place. Recent crops include cotton, corn, and soybeans. A total of six Zimmatic pivots backed with multiple reservoirs water over 750 acres suitable for an array of crops; corn, cotton, milo, wheat, soybeans, and improved grasses are grown in the area and the farm could be planted to permanent crops depending on what investors needs. NOTE: Farm has room for additional irrigation if more is needed.

FACTS

-2,523+- acre farm located South of Clarksville, Texas
-Currently tenant operated

IMPROVEMENTS

-750 acres of pivot irrigation, contains (6) Zimmatic pivots- 3 new and 3 2015 models
-(5) reservoirs totaling 120+ acres of surface water
-(1) Case diesel pump with Lubbock pump, 2015 model motor and 2022 pump
-(1) Electric motor and pump 2022 model
-(1) John Deere diesel power unit with side mount generator 2021 model, Lubbock pump 2015 model
-(2) phase convertors
-5+ miles of pvc water lines
-(2) flood-controlled duck sloughs
-Partial fencing
-Multiple gravel interior roads
-Multiple gated entries
-All utilities in place

CROPS

Current crops in the area range from corn, cotton, milo, soybeans, winter wheat, grazing wheat/rye and established pasture for grazing. Property could make an exceptional grazing property with irrigation to help with grass production. Also, farm is in a grain deficit area and within 60 miles of property more than 600,000 bushels of corn are consumed weekly between multiple poultry companies as well as livestock feed production facilities. Cotton is also a now a viable crop option with state-of-the-art gin located 45 miles from the farm, Cooper, Texas built in 2015. As for small grains and soybeans, most are shipped to regional users for further processing.

WILDLIFE

Property is in the central flyway for migratory waterfowl, primarily property has great number of ducks and occasional geese. Water habitat, farmland and plentiful surrounding wooded habitat make for superior deer hunting. Future income is possible with leasing applicable to duck/deer hunting either to a group or outfitter.

MINERALS

All owned minerals convey

Disclaimer: All information provided herein was acquired from sources deemed reliable and is believed to be accurate. However, we do not warrant its accuracy or completeness and recommend that every item of interest be independently verified by Purchaser.

Property Map / Directions

From Clarksville take FM 909 south for 5.5 miles to CR 1370. Head east on 1370 for 1 mile. Farm starts on north side of road.