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    OFF-MARKET
    Land

    103 County Road T, Farwell, TX 79325

    1600 ac lot
    Property ID
    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
    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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