Plainview, TX 79072 - Hale County

80 acres of almost perfect laying land with good quality soil. This land has 75 acres of state of the art drip system that was installed in 2012. There are 2 irrigation wells that pump between 550 to 600 gallons of irrigation water per minute. This amount of water equals over 7 gallons of irrigation water per acre per minute. This water amount per acre is 3+ times more than average farm has per acre. The drip system has a gauge on its computer box that indicates the gallons of water going through the drip system that accurately measures the amount of water being pumped. The best thing about the drip system versus a sprinkler pivot system is that there is no waste land that is not irrigated. An enclosed shop building covers and protects the drip system equipment. With all the equipment deductibles for income tax expenses this could be a great investment for investors that can lease the land to a tenant farmer to farm the land.