Description: This is an excellent quarter section in NW Floyd County only a few miles east of the Hale County line. FM 2286 provides highway frontage on the north boundary and there is a county road on the west boundary. There are 3 electric submersible wells on the farm. They are producing approximately 200 gallons per minute combined. The electric motors consist of 1-20 HP, 1-5 HP, and 1-7.5 HP. The 20 HP is new, the 5 HP is two years old, and the 7.5 HP is 3 years old. They are all in good working condition. All the wells are tied together with a plastic tile line to the center pivot. The sprinkler system is a 1998 Valley, model 8000, 7.5 HP booster pump, poly fertilizer tank, drops, 8 tower, 1297’ length, and appears to be in very good condition. The current owner has been rotating crops and waters ½ of the circle for summer crops. The farm appears to be very clean and lies almost perfect with the exception of the NW corner which has a small amount of slope. The east side is cotton stalks with wheat planted that is not up yet. The west side is in last year’s wheat stubble and ready to strip till or plant to cotton. This is an excellent little farm with good access. There is also underground tile on the west side and may items that could be depreciated.

DCP Cropland: 156.6 Upland Cotton Base 141.3, Yield 613

Grain Sorghum Base 12.7 Yield 93

Call Johnny Street for more information.

Taxes: 2009 Base Tax $734.00

Minerals and Wind: Seller reserves ½ of all mineral interests currently owned. Seller reserves a ½ non-participating interest in the wind energy/rights.

Price: $875/acre or $140,000

Street Real Estate*Johnny Street*806-847-7400*

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