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    Channing Tx Channing, TX 79018

    For Sale
    $2,176,000

    640 Acres, $3,400/Acre, Texas Panhandle

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 640-acre agricultural property in Hartley County, Texas, presents a compelling investment opportunity. Located near Channing, TX (zip code 79018), this farm boasts approximately 480 acres of irrigated land, representing 75% of the total acreage. The efficient irrigation system is supported by four irrigation wells with a combined capacity of approximately 900 gallons per minute (GPM), yielding 1.88 GPM per wet acre. Infrastructure includes natural gas and 3-phase electricity. Improvements consist of a ½-mile Reinke sprinkler system, a CAT generator set with electric motor and hollowshaft pump, a Chevy engine with turbine pump, and two electric submersible pumps. The asking price is $2,176,000, translating to $3,400 per acre. Detailed directions from Hartley, TX are available. This property offers significant potential for agricultural production due to its large irrigated acreage, efficient irrigation system, and modern power infrastructure. The property is zoned for agricultural use.

    Property Features for 0 Channing Tx

    General Information

    Property type
    Farms
    Lot Size
    27,878,400 SF

    HighLights

    • 640‑acre agricultural property in Channing, TX (79018), priced at $2,176,000 ($3,400/acre).
    • 480 acres of irrigated land (75% of total acreage) with efficient irrigation system.
    • Modern infrastructure including four irrigation wells (900 GPM total capacity), natural gas, and 3‑phase electricity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Channing
    County
    Hartley
    State
    Texas
    Longitude
    -102.3301953
    Latitude
    35.6836536

    FAQs

    What type of property is this?
    Farm - 640 Acres, $3,400/Acre, Texas Panhandle
    Where is this farm located?
    The property is located at Channing Tx Channing, TX.
    What is the asking price?
    The asking price for this property is $2,176,000.
    What are key features of this property?
    This property features: 640-acre agricultural property in Channing, TX (79018), priced at $2,176,000 ($3,400/acre).; 480 acres of irrigated land (75% of total acreage) with efficient irrigation system.; Modern infrastructure including four irrigation wells (900 GPM total capacity), natural gas, and 3-phase electricity.
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    Channing Tx Channing, TX 79018
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    Channing, TX 79018
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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.

    Relative

    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
    Channing Tx Channing, TX 79018
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