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Property profile & analytics
OFF-MARKET
Land

0 Sunray Tx Usa Sunray, TX 79086

640 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 640-acre agricultural property, located southeast of Sunray, Texas in Moore County, presents a unique investment opportunity. The land boasts approximately 432 acres of irrigated farmland, representing 67.5% of the total acreage. A robust irrigation system is in place, featuring five irrigation wells with a combined capacity of approximately 900 GPM, providing 2.083 GPM per wet acre. The property has a rich history of cultivating diverse crops including seed maze, corn, cotton, and wheat. Improvements include a half-mile Valley sprinkler system, an electric motor with VFD panel and hollow shaft turbine pump, a Quonset barn, two CAT gensets, and four electric submersible pumps. The asking price is $2,240,000, or $3,500 per acre. Conveniently located off FM 281 and Texas Beef Road, this property offers extensive irrigated farmland and substantial infrastructure, making it ideal for continued agricultural operations or expansion. The property's address is in Sunray, TX, 79086.

Property profile
Verified
Property type Land
Lot 640 ac (27,878,400 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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