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Irrigated Farm with Dual Water
For Sale
$3,900,000

11865 737 Rd, Funk, NE 68940

Land, Funk, NE

Property SizeContact for details
Lot Size316.00 Acres
Days on Market11

Property Features for 11865 737 Rd

General Information

Property type Land
Property subtype Other
Zoning description Agricultural
Directions Head north out of Holdrege on Highway 183 to 737 Road and turn east. Continue for four miles to R Rd. For the south farm, continue straight 1/2 mile, the south farm can be accessed on north side of 737 Road. For the north farm, turn north at the intersection and continue 1 mile to 738 Rd. Turn east and the north farm will be on the south side of the road after 1/2 mile.
Standard status Active
Lot size 316.00 Acres

Taxes and HOA fees

Tax Annual Amount 14600
Listing Agency: AgWest Land Brokers
Listed By: Jeff Moon · License #20171092
Added: Oct 5 Changed: Oct 12 Last Checked: Oct 15 at 6:06AM
MLS# 12024383

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 316.80-acre farm in Phelps County includes approximately 269 irrigated acres, 35.97 acres of grassland, 8.16 dryland acres, and 3.67 other acres. The soil is entirely Holdrege silt loam. Irrigation draws on two wells as well as CNPPID surface water. The landowner owns the well columns and pumps; the tenant owns the remaining irrigation equipment, including pivots and power units. The property is open for the 2027 crop year, subject to the current 2026 lease.

Located northeast of Holdrege, the farm is accessed from gravel roads and is near an ethanol plant, grain elevators, and feedlots. The farm is within the Tri-Basin NRD, with certified irrigated acres of 115 in the north half and 153.87 in the south half. FSA records show 311.66 total cropland acres, including 285.36 corn base acres and 4.39 soybean base acres.

Key Highlights

  • 316.80+/- total acres, including 269+/- irrigated acres
  • All soils are Holdrege silt loam
  • Two irrigation wells: 2,000 GPM north well and 1,600 GPM south well

Property Analytics

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Current Use

Farms

Location Intelligence

Demographics for 68940, NE

453
Population
165
Households
2.7
Avg Household Size
42
Median Age
24%
College-Educated
96%
High-School Grad
73.9 sq mi
ZIP Area
6
Density / Sq Mi
$102,857
Median Household Income
$49,375
Median Earnings
$795
Median Rent
$195,800
Median Home Value
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Frequently Asked Questions

What type of property is this?
Farm - Groundwater and CNPPID surface water support irrigation across cropland, grassland, and dryland acreage.
Where is this farm located?
The property is located at 11865 737 Rd Funk, NE.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: 316.80+/- total acres, including 269+/- irrigated acres; All soils are Holdrege silt loam; Two irrigation wells: 2,000 GPM north well and 1,600 GPM south well
More about this property
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