FM 1160 , El Campo, TX 77437(Wharton County)

This is a highly improved rice and irrigated row crop farm. Virtually every acre of this property has been precision leveled, the irrigation and drainage systems are excellent.

WATER:

There are five irrigation wells that are fully equipped. All the wells are equipped with natural gas Caterpillar engines, of which three (3) are 342's and two (2) are 353's. Three of the wells produce 2,000 to 2,500 gallons per minute and two produce 3,000 gallons per minute. The entire farm can be irrigated from these five wells and all are connected to a 10.4 mile long underground water distribution system that has 45 alfalfa valves. Over 2,200 acres of the cropland is irrigated directly from the irrigation pipeline, while 800 acres is irrigated thru a lateral system that is fed by the underground system.

The farm also has the availability of an additional water source from the Lower Colorado Water Authority. The farms average annual allotment is approximately 200 acres.

IMPROVEMENTS:

The property is improved with numerous barns, storage sheds, three tenant or employee houses, domestic water wells and electrical utilities. In addition, there is a 40,000 hundred weight capacity grain storage and dryer facility. There is an extensive road system, a considerable amount which is all weather. The farm has a 10.5 mile underground pvc irrigation system which is connected to all 5 water wells. There are water control structures located in almost every field and the entire farm is precision leveled. There are two turf airstrips located on the farm.

TERRAIN:

The property is primarily flat with enough grade to the elevation to insure excellent drainage for the crops. There is approximately 100 acres of oak trees.

SOILS:

The property is composed primarily of Bernard Clay Loam, Bernard - Edna Complex, and Edna Fine Sandy Loam. The property is NOT located in the 100-year flood zone, with the exception of the timber.

RECREATION:

The property is in an area widely known for waterfowl hunting. The duck and goose hunting is excellent, as it is located on the flyway between Eagle Lake hunting area to the coast. In addition, there is dove hunting and the timber area provides some deer hunting. The wooded area is an excellent location for a home or camp site.

LEASES:

Owner would like to reserve a farming lease for the 2012 crop year.

COMMENTS:

This is a well known, high reputation farm that has been in the same family for 3 generations. Farms of this quality, size, efficiency and production capability, rarely if ever become available to the market place. For the investor, producer and or waterfowl enthusiast, there is no better opportunity than this.

This highly improved and productive rice and row crop farm is second to none. It is virtually impossible to find a more efficient or higher quality farm than this one.

Using current prices for precision land leveling, it is estimated that the owner has spent approximately #300.00 to $400.00 per acre leveling this entire farm. In addition, most all fields have permanent water structures for irrigation and drainage.

There exists an excellent exterior as well as interior road system throughout the entire farm and a cost efficient irrigation system. With all the improvements on this farm, that have been mentioned, the depreciable assets will be significant.

The location of this irrigated farm places it in major waterfowl hunting area. The owners currently flood areas of the property annually for ducks and geese. In addition, there is good dove hunting, some deer and hog hunting.

You can buy a farm and spend money developing the irrigation wells, irrigation and drainage system, precision level the land, build roads and barns.............Or, buy one with all the improvements in place like this one. One cannot create a farm like this one for the price.

PRICE:

$2,500.00 per acre. Surface Only