0 Stratford Tx Stratford, TX 79084
This exceptional 302-acre agricultural property, located southwest of Stratford, Texas in Sherman County, presents a compelling investment opportunity. The land boasts approximately 240 acres of irrigated land, representing a significant 79.47% irrigation coverage. The robust irrigation system includes two Zimmatic 1 ¼ mile sprinklers (2013 models), two irrigation wells providing approximately 850 gallons per minute (GPM), and a GPM/wet acre ratio of 3.54. Power is readily available via single-phase electricity along the northern and southern boundaries. The property's infrastructure also includes a CAT irrigation engine and a Chevy 454 irrigation engine, along with two turbine pumps equipped with gearheads. Access is provided via County Road “Country Club Lane” and County Road “Little Rd.” Detailed well information is available upon request. From Stratford, TX, access the property by driving southwest on US 54 for 6.2 miles to County Road “Little Rd.” Turn right and proceed north for 1.6 miles to reach the property's southeast corner. The asking price is $1,900,000, translating to $6,291 per acre. This property offers high irrigation coverage, a strong water supply, and a robust irrigation system, making it an ideal investment for agricultural production. The property's location and infrastructure contribute to its high yield potential.
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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