Found 1 - 1 of 1 homes for sale in Dalhart, TX
4200000
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Average 70 bu/acre wheat and 200 bu/acre corn. 600, 160 and 160 (920) are being custom farmed. Landlord should expect minimum of $200 per wet acre profit or $182,000 per year on these 920 acres (710 wet). 320, 480 and 960 (1760) are being rented like this: $148,750 per year base rent plus harvest bonus of 30% on wheat after $320/acre gross and harvest bonus of 30% corn after $600/acre gross. 2008 wheat bonus should be @ $30,000 and 2008 corn bonus should be @ $75000 or $253,750 on thse 1760 acres (1375 wet). House rents for $600/month, grain storage rents for $12,000 per year. Shop, Quonset and barn are presently not rented. Total annual income projected at $454,950+/-.
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