Property Highlights
1,313.13± Total Acres
Located in Hale County in the Petersburg area
Frontage on FM 37 and approximately 1 mile from FM 54
464.35± Acres of Grassland
848.78± Acres in CRP (3 Contracts Expiring in 2030)
Annual CRP Income: $41,838
Annual Wind Turbine Location Payment: $4,500
Grazing and Haying Flexibility Under CRP Guidelines
Predominant Soil: Pullman Clay Loam
31 Permitted Irrigation Wells
24 Wells on the Large Tract
7 Wells on the Half Section
Wells Approximately 200–280 Feet Deep
4 Equipped Wells Producing ~375 GPM Combined
Electricity Available Throughout the Property
Strong Potential for Pivot or Drip Irrigation Development
Attractive Opportunity for Organic Farming
Excellent Wildlife Habitat Including Deer, Migratory Birds, and Other Native Species
Property Description
This unique offering consists of 1,313.13± acres of grassland and CRP located in the Petersburg area of Hale County, where properties of this size rarely come to market. The ranch offers a strong combination of grazing land, reliable CRP income, irrigation development potential, and wildlife habitat, creating a versatile agricultural investment.
The property includes 464.35± acres of established grassland along with 848.78± acres enrolled in three CRP contracts expiring in 2030, generating $41,838 in annual income. The CRP contracts are transferable to the buyer and allow for grazing and haying flexibility under current CRP guidelines.
In addition to CRP revenue, the property receives $4,500 annually from a wind turbine location payment.
The ranch supports a healthy stand of native grasses suitable for grazing or hay production, while the presence of productive Pullman Clay Loam soils in the tillable areas provides strong agricultural potential.
A key feature of the property is its significant irrigation development opportunity. There are 31 permitted irrigation wells across the property, with 24 wells located on the large tract and 7 wells on the half section. Wells range from 200 to 280 feet in depth. The current owner has equipped four wells producing approximately 375 gallons per minute combined. Electricity is available across the property, providing a strong foundation for future pivot or drip irrigation development.
Because much of the property has been enrolled in CRP, the land may also offer an attractive opportunity for organic crop production with relatively minimal transition time.
Beyond its agricultural potential, the property also provides excellent wildlife habitat, supporting deer, migratory birds, and other native wildlife, making it appealing for recreational use as well.
With steady income, significant depreciable assets, productive soils, irrigation infrastructure, and multiple development possibilities, this property represents a rare opportunity to acquire a large, versatile agricultural tract in the Petersburg area.
Disclaimer
The information provided has been obtained from the owner and other reliable sources. However, Clift Land Brokers and the owner make no warranties or guarantees regarding the accuracy of the data. Prospective buyers are encouraged to verify all information through independent investigations. Clift Land Brokers represents the Seller. Buyer’s Agents must be identified upon first contact and must accompany any prospective buyers during all property showings.