Lockney, TX 79241(Floyd County)

Description: This is a nice irrigated farm in NW Floyd County. It is located just South of the Briscoe County line, just SE of the Swisher County line, and just a few miles east of the Hale County line. There is a County Road on the South and West boundaries that provide good access. The Owner is the current farmer. He will be glad to continue farming the property for an investor/landlord, or will be agreeable to Buyer receiving full possession at closing and funding. There are 3 irrigation wells that are tied together with 2 ½ miles of underground tile. There is a towable, 7 Tower, Reinke Pivot Sprinkler System with a booster pump and two pivot pads. The Sprinkler also has an automatic stop and reverse function with a standard control panel. Typical crops grown in this area include Cotton, Grain Sorghum, and Wheat. It is a very nice farm with multiple improvements for depreciation.

Improvements: 3-Wells: 1-50 HP submersible, recently refurbished with new pump, 1-15 HP submersible, 1-7 ½ HP submersible, recently refurbished with new pump, 1-Reinke Towable, 7 Tower, Pivot Sprinkler System, Several thousand feet of underground tile, Tail Water Pit, Electricity available in several locations.

USDA-DCP Information: Bases*Corn- 10.4 Acres*141 Yield, Grain Sorghum- 33.2 Acres*28 Direct Yield, 41 CC Yield, Cotton- 165.1 Acres*502 Direct Yield, 569 CC Yield, Wheat- 72.7 Acres*50 Yield

Annual DCP Payment: $6,796.00

Price: $1400 per Acre

Street Real Estate

Irrigated Farmland*Dry Land Farmland*Ranches*Hunting*Recreational*CRP*Expired*CRP

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Johnny Street*806-847-7400, Kim Street*806-292-9944