Sunray Tx 79029-1163 Dumas, TX 79029-1163
- Land
- 956.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Sunray Tx 79029-1163
- Lot size
- 956.00 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 956-acre property in Moore County, Texas, presents a compelling investment opportunity. Located southwest of Sunray, near the Valero Oil Refinery, this land boasts approximately 270 acres of irrigated land (28% of the total acreage), served by four wells with a combined capacity of approximately 850 GPM. Irrigation infrastructure includes a Valley 1 1/2 mile sprinkler (needing repair), a Valley 15 tower sprinkler (in good condition), and various engines and pumps (including one well needing a submersible pump). Water rights cover approximately 180 acres on the west parcel. The property is easily accessible, located 5 miles south of Sunray, TX on FM 119, then north on Lighthouse Rd. The asking price is $2,800 per acre, totaling $2,676,800. Well details include: MO-1091 (12/1968, 492', needs pump), MO-0437 (10/1962, 515'), MO-0550 (10/1963, 496'), and MO-0995 (01/1967, 505'). One electric well is powered by a CAT gen-set, while three others utilize natural gas engines. This prime location offers significant potential for agricultural production and industrial synergy due to its proximity to the refinery. The property's existing infrastructure and ample acreage provide a solid foundation for future development and investment.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Dumas
- County
- Moore
- State
- Texas
- Longitude
- -101.825
- Latitude
- 36.0167
