Hwy 87, Dumas, TX 79029 - Moore County

Hwy 87/FM 2589 (CR-8)-594.34 +/- Acres

State: Texas

Region: Panhandle

County: Moore

Property Type: Irrigated Farm

Acres: 594.34 acres more or less

Price: $2,250.00 per acre.

Taxes: Approximately $2302.92 annually

Location: Approximately 3 miles west of Dumas, Texas on Hwy 87

This choice 594.34 +/- acre farm is located 3 miles west of Dumas, Texas at the intersection of Hwy. 87 & FM 2589 (CR-8) with 2 miles of highway frontage.

This irrigated farm with seed milo production history as well as corn and wheat has improvements consisting of the following:

1.Irrigation water is furnished by 4 irrigation wells equipped as follows:

a.)Well #1-turbine pump powered by a natural gas fueled Caterpillar engine estimated by owner to pump 600 GPM+.

b.)Well #2-turbine pump powered by a natural gas fueled Caterpillar engine estimated by owner to pump 400 GPM+.

c.)Well #3-turbine pump powered by a naturally aspirated, natural gas fueled Moline engine estimated by owner to pump 300 GPM+ (this pump was pulled and repaired in summer 2011).

d.)Well #4-90HP submersible electric motor, pump and control panel estimated by owner to pump 200 GPM (pulled and replaced in April 2011).

2.There is a large earthern collection pit located at the pivot point which is equipped with a booster pump powered by a natural gas fueled Caterpillar engine. All of the wells pump in to this pit and the booster pump pressures the sprinkler system.

3.A mid 90s, 17 tower T&L Sprinkler with long drops spaced on 60 centers and 11.2 X 38 tires (tall). According to the owner the sprinkler went through the EQUIP program the first part of June and was nozzled at 1300 GPM for the balance of the 2011 season.

The owner states that 1300 GPM can be provided to the sprinkler by the three irrigation wells equipped with turbine pumps with the fourth well (sub) being a spare and that in his estimation the sprinkler could be nozzled for 1500 GPM utilizing all four wells.

4.There is a metal grain bin on the property with a storage capacity of approximately 10,000 bu. This bin would be very useful for wheat seed storage or other commodities.

There appears to be a very steady demand for 5 to 20 acre tracts in close proximity to urban areas in the Texas Panhandle with pavement access.

This property located with pavement on two sides in close proximity to Dumas, Texas is a very desirable site for residential, commercial and/or industrial development together with other uses such as irrigated crop production or a cattle operation.