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$2,392,000

NAL Estimated Property Value

Highway 70, Brice, TX, 79226

Off MarketInfo

About this property

Productive Farm Grazing Pasture Red River & Battle Creek Frontage Just off Highway 70 in the heart of the Texas Panhandle sits this 898/- acre farm and ranch with an outstanding balance of irrigated acres, dryland cultivation, grazing pasture, and recreational appeal. Properties that combine this much versatility are hard to come by. Irrigated Farmland: The farm boasts 210/- irrigated acres under two center pivots, both powered by natural gas motors: 7-tower Grow Smart pivot, nozzled for 300 gpm. The well tied to this pivot pumps approximately 300 gpm at a depth of 65 feet. 9-tower Zimmatic pivot, nozzled for 850 gpm. Two wells feed this system, each producing 600800 gpm at approximately 110 feet deep. Fertilizer has been used through the Pivot systems, and while no cotton has been planted here in the past three years, the soils and water capacity give strong production potential for a variety of crops. Dryland & Pasture In addition to the irrigated land, the property offers 142/- acres of dryland cultivation currently planted in wheat and 546/- acres of native pasture and grazing land. Cattle are supported with excellent water access, including: Two Brice/Lesley water meters with water tubs One stock well with submersible pump at approximately 20 feet deep Water Features & Wildlife Natural water features set this place apart. The western boundary is lined by over a mile of Battle Creek, shaded with mature cottonwoods, plum thickets, Bermuda, and native grasses. This corridor provides excellent habitat for turkey, whitetail deer, mule deer, quail, and other wildlife. The southern edge of the property is bordered by the Red River, a year-round stream that brings natural beauty, live water for year around water for wildlife.

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$2,392,000
Estimated Property Value
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$2,392,000Estimated Equity
100% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$14,352 /month
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Cash Flow Estimate:
$4,784 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Brice

Highway 70 | Property Details | No Agent List