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32529414
32529427

FM 54 and County Road BB, Petersburg, TX 79250

ET
TX 581884
Clift Land Brokers
Listed by Clift Land Brokers
$2,101,008
50 days on market
Updated 50 days ago

Grass & CRP Ranch with Irrigation Development Potential

Details
Property Type Land
Sub Type Ranch, Agricultural
Tenancy Vacant
Price per SqFt $0
Acreage 1313.130

Land | 1,313.13 acres

Marketing description

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.

Investment highlights

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
  • 843.5 ± Acres in CRP (3 Contracts Expiring in 2030)
  • Annual CRP Income: $29,166
  • 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

Listing Contacts

ET
TX 581884
Clift Land Brokers
Listed by Clift Land Brokers

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Additional Information

Name
Eric Turpen
License
581884
Brokerage
Clift Land Brokers
Brokerage Phone
8063850905
Title
Real Estate Broker
Brokerage Address
213 East Marshall Howard Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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