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Listing 5 out of 47
$698,000 Sold

2955 Farm Road 145
Lazbuddie, TX 79053

Farm & Ranch
lot: 508 acres - MLS# 201709371
Property Photo
1/43

Sold

Sold on Aug 16, 2018

Description

Nice Irrigated 3/4 section irrigated farm with small tract of grass on highway frontage just a few miles east of Lazbuddie on FM 145. This farm is located in good farming area where cotton, wheat, corn and grain sorghum are grown. Property sets adjacent to a large tract of land that is primarily conservation and pasture land. This farm also is Just south of the Running Water Draw. All the tracts have underground line that is tied together and the two west tracts are currently being irrigated with two Valley pivot systems. Currently only 3 of the 4 wells are being utilized and the farm has approximately 350 gpm. Pivots are packaged at 300 gpm per tenant. Room available to drill additional wells and owner will consider a first right of refusal option for buyer in regards to residence and barn that set in between the 3/4 section tract and the 33 acre grass tract. This farm looks to have potential upside for an investor looking to improve the property.

Features

  • Property Type: Farm & Ranch
  • Sub Type: Farm
  • Listing Status: Sold
  • Listing Price: $698,000
  • County/Area: Parmer County
  • Zip Code: 79053
  • School District: Lazbuddie ISD
  • Lot Size: 508 acres
  • # Wells: 4
  • Cultivated Acreage: 463
  • Game: Deer, Dove, Pheasant, Quail
  • Grazing Acreage: 33
  • Improvements: Irrigation Equipment, Irrigation System, Submersible Pump, Center Pivot
  • Irrigated Acreage: 360
  • Land Splits Availble: Yes
  • Lot Measurement: Acres
  • Lot Size [SqFt]: 22128480.00
  • Minerals: Partially Included
  • Minerals Available: Yes
  • Road Frontage: FM Road, Paved
  • Rural Property: No City Taxes
  • Selling Agent: Monty E Edwards
  • Selling Office: M. Edwards, Realtors
  • SmallestParcel Avail: 33 dryland
  • Soil Type: Clay, Loam, Mixed, Sandy
  • Topography: Gently Sloping, Level
  • Utilities Available: NaturalGas Available, Rural Electric, Telephone
  • Sold Price: 721500.00
  • Sold Date: 2018-08-16 00:00:00
Courtesy of M. Edwards, Realtors, Monty E Edwards

Pat Garrett Advantages

  • Professional Resident screening
  • Risk Management Services
  • Preventive Maintenance
  • Maintenance staff on call 24 hours / 365 days
  • Periodic Inspections
  • Easy to comprehend monthly billing statements
  • Detailed Documentation
  • Aggressive collection department
  • Convenient office location
  • Online payment options for residents
  • Online Application Process
  • Complete Marketing Service (On and Off line)
  • Bulk advertising rates
  • Local one on one service
  • Rental Policy

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PAT GARRETT, REALTORS, Real Estate, Lubbock, TX
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