0 Channing Tx, Channing, TX 79018
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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