Investment/Homesite Potential
87 acres of highly productive farm and pecan land just on the edge of Gorman Texas. An older Valley pivot watering system irrigates apx 45 acres of cultivation. Currently planted crops are Cotton and Tifton. The axp 25 acres of improved pecan orchard has a nice income potential as well as a beautify area to build a home or graze livestock. A portion of the property lays within the City Limits of Gorman, Texas, population 1,054. http://www.gormantx.com/ 50% of owned minerals will convey. This is a wonderful investment opportunity in agriculture, while providing a great location for a weekend farm or family farm-stead.
Land
· Highway and County Road frontage
Water
· 4 irrigation wells (40 gal/min)
· 1 small stock tank
· 1 irrigation reservoir
· Future city water tap available
Production
· Crop
o 25 acres of established improved pecan trees
o 42 acres of cultivated land under irrigation, part in cotton part in Tifton for hay production or grazing.
· Livestock
o Small set of cattle pens
o Pecan orchard provides grazing and protection for livestock
o Grains can be planted under the irrigation pivot for livestock grazing
Improvements
· Valley Center Pivot
· Reservoir Pit pump
Minerals
· 50% of owned minerals will convey
