Property profile

103 County Road T Farwell, TX 79325

OFF-MARKET
Land
1600 ac lot
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Property summary

AI-generated overview

Exceptional opportunity to acquire a 1,600-acre certified organic farm in Parmer County, Texas. This expansive property boasts a robust irrigation system featuring 14 wells supplying water to eight pivot irrigation systems. These systems, including two Reinke, two Valley, and four Zimmatic pivots, are equipped with 500 gallons-per-minute nozzles for efficient water distribution. The farm includes a comfortable 1,800 square-foot brick home with three bedrooms and two full bathrooms, ideal for a family residence or farm manager's living quarters. Additional improvements consist of a grain storage building and a metal barn, providing ample space for equipment and supplies. Located at 103 County Road T, Farwell, TX 79325, this turnkey operation is perfectly suited for large-scale organic farming, investment purposes, or as a substantial homestead. The asking price is $3,200,000.

Property profile

Verified
Property type Land
Lot 1600 ac (69,696,000 SF)

Cap rate & NOI

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

Location

103 County Road T Farwell, TX 79325
Farwell 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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