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Property profile

0 Stratford Tx Usa Stratford, TX 79022

OFF-MARKET
Land
480 ac lot
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Property summary

AI-generated overview

This exceptional 480-acre agricultural property is located southwest of Stratford, Texas, in Sherman County (zip code 79022). The property boasts approximately 360 acres of irrigated land, representing 75% of the total acreage. Irrigation is facilitated by three wells with a combined capacity of approximately 1,400 gallons per minute (GPM), yielding a generous 3.89 GPM per wet acre. The irrigation system includes three Reinke 1¼-mile sprinklers (1990s models), two CAT irrigation engines, one Chevy 454 irrigation engine, and three turbine pumps with gearheads. Improvements also include a 9,000-square-foot metal barn and a single-wide trailer house in good condition. Power is available via single-phase electricity on the north side of the southeast quarter. Access is provided via a private easement. Detailed well information is available, including drilling dates and depths for three wells (DA-5590, DA-5592, and DA-5197, with one drilled in May 2009 to a depth of 580 feet). The asking price is $3,000,000, or $6,250 per acre. This property presents a significant opportunity for agricultural investment, given its extensive irrigation infrastructure and substantial water supply. Directions from Stratford, TX: Drive southwest on US 54 for 2.5 miles to FM 2014, turn left, drive south 8.5 miles to County Road V, turn right, drive west 2 miles to a private farm road, turn left, and drive south 1.5 miles to the northeast corner of the property.

Property profile

Verified
Property type Land
Lot 480 ac (20,908,800 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Stratford Tx Usa Stratford, TX 79022
Stratford metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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