Xxx Stratford St, Stratford, TX 79804

Property Details for 0 Xxx Stratford St

Lot size

5,790.00 lot acres

Property type

Land

Property subtype

Farms

Description

The Witter Ranch, a century-old family property, presents a unique investment opportunity in the Texas Panhandle. This expansive 5,790-acre property offers a diverse range of features ideal for cattle ranching. The centerpiece is over 3,700 acres of native pastureland, featuring buffalo and gramma grasses, enhanced by Frisco Creek. Water sources include an electric submersible pump, a solar submersible pump, and a windmill, ensuring ample water for livestock. A significant portion, 3,178 acres, is currently enrolled in the Grasslands Program, generating an annual payment of $48,622. Additionally, there are approximately 1,589 acres of expired CRP land, with 964 acres under consideration for the Texas Prairie Safe program, potentially yielding over $40 per acre. The ranch also includes irrigated acreage with four quarter-mile sprinklers supplied by three wells (two with turbine pumps, one electric). Recent crop rotations have included corn, milo, and winter wheat. Note that the current tenant owns all above-ground irrigation equipment. Improvements include well-maintained working pens, a 1,400+ sq ft home (requiring repairs), and a 4,800 sq ft barn. Access is provided by a county road bisecting the property, with a paved road forming part of the eastern boundary. The ranch's proximity to Stratford, Texas (county seat, less than 30 minutes away), Texhoma, Oklahoma (15 minutes), and numerous feedlots within an hour, provides convenient access to marketing and support services for agricultural operations. This exceptional property offers a compelling blend of established income streams and significant potential for future growth. Asking price: $7,300,000.

Location Insight

City

Stratford

County

Sherman

State

Texas

Longitude

-101.66

Latitude

36.412