640 Acre Fm3040 Lewisville, TX 75067
This exceptional 640-acre property in Sherman County, Texas, presents a compelling investment opportunity. Located near Stratford, TX, with a Lewisville, TX mailing address and zip code 75067, this commercial land boasts 440 acres of irrigated farmland and 150 acres of dryland. The irrigation system, comprised of a center pivot drawing from 6 wells, delivers 1,200 gallons per nozzle. While the pivot's full circle irrigation is slightly limited due to soil conditions in a portion of the circle, it still provides comprehensive coverage. An additional 50 acres are dedicated to grass. The strategic location offers convenient access to the Cactus Feedyard to the north, providing a readily available market for grain and forage produced on the property. The asking price for this expansive and productive farm is $3,100,000. The property's address is listed as 640 Acre FM3040. This represents a significant opportunity for agricultural investors seeking a well-established and productive Texas farmland. The property is conveniently located near Stratford, TX, offering easy access to local amenities and transportation routes.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.