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    OFF-MARKET
    Land

    0 Channing Tx, Channing, TX 79018

    640 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 640-acre agricultural property in Hartley County, Texas, presents a compelling investment opportunity. Located near Channing, TX (zip code 79018), this farm boasts approximately 480 acres of irrigated land, representing 75% of the total acreage. The efficient irrigation system is supported by four irrigation wells with a combined capacity of approximately 900 gallons per minute (GPM), yielding 1.88 GPM per wet acre. Infrastructure includes natural gas and 3-phase electricity. Improvements consist of a ½-mile Reinke sprinkler system, a CAT generator set with electric motor and hollowshaft pump, a Chevy engine with turbine pump, and two electric submersible pumps. The asking price is $2,176,000, translating to $3,400 per acre. Detailed directions from Hartley, TX are available. This property offers significant potential for agricultural production due to its large irrigated acreage, efficient irrigation system, and modern power infrastructure. The property is zoned for agricultural use.

    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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