Kerrick, TX 79051 - Dallam County

This 1440 acre farm in Sherman County is under a 340 acre grazing lease that has a couple of years on it and is in the second year of a 10 yr. CRP contract that makes roughly $29/acre/yr on 886.96 acres for someone wanting existing revenue. Otherwise, there is an option to buy out the CRP contract for the one year it has paid. There are two irrigation water wells on the property that have been capped. The North Plains Water Conservation District allows 1.5 acre ft./yr to irrigation wells. These wells are classified D which is 801-1200 gpm. This is likely 300 gpm territory we have been told by people who should know. This is 2.5 miles from Stratford elevators and could be put back into cultivation and into irrigation. That would triple that value of the farm with not much expense. The owner has a home in Stratford that is valued at $285,000 that he would probably sell to the buyer of the farm.

If someone is selling in California or some other high tax high cost state, and wants to move to rural Texas to enjoy the quite life of Texas, this is the place for you.