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    Panhandle Tx Usa Panhandle, TX 79068

    Sponsored
    For Sale
    $3,493,875

    640 Acres, Irrigated Farmland

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Exceptional investment opportunity: 640+/- acres of prime Texas farmland in Carson County, near Panhandle. This property boasts 335 wet acres irrigated by a robust system including one 760' deep well delivering 800 GPM (2.38 GPM/wet acre). Irrigation infrastructure is comprised of a new Zimmatic 1/4-mile sprinkler, a Reinke 110-acre sprinkler, and a Valley 100-acre (windshield wipe) sprinkler. Improvements include a 1,800 sq ft barn with concrete floor, livestock pens and shed with water tank, a stock well with submersible pump, and perimeter/cross barbed wire fencing. Three dirt tanks are situated along the draw. Access is via Hwy 207, 5 miles north of Panhandle, TX. Asking price: $3,493,875. This turnkey operation presents a rare chance to acquire established, high-producing agricultural land in a desirable location. The property's excellent water rights and modern irrigation system ensure consistent yields. The existing infrastructure, including the barn and livestock facilities, adds significant value and operational efficiency. This is an ideal opportunity for both established agricultural operations and investors seeking a stable, high-return investment in Texas farmland.

    Property Features for 0 Panhandle Tx Usa

    General Information

    Property type
    Farms
    Lot Size
    27,878,400 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Panhandle
    County
    Carson
    State
    Texas
    Longitude
    -101.3804447
    Latitude
    35.3456038

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Farm - 640 Acres, Irrigated Farmland
    Where is this farm located?
    The property is located at Panhandle Tx Usa Panhandle, TX.
    What is the asking price?
    The asking price for this property is $3,493,875.
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    Panhandle Tx Usa Panhandle, TX 79068
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

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    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Panhandle Tx Usa Panhandle, TX 79068
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