This is a 80 acre tract m/l that is hard to ignore. One would be hard pressed to find a better dryland place in Kiowa County except for Elk Creek bottom land. In the photos section you will find a soils map that backs up my words. Most places have at least a few acres that are difficult to utilize and find a benefit. Not this tract. Right now the property is in cotton but it could grow corn, wheat, or, I bet, alfalfa. Throw in canola and sesame for a good measure and, for that matter, wheat pasture or forage sorghum. If you like productive land, the Sky’s the Limit is what you want. I have said it before and I will say it again, the most productive land is the best buy. Around here, it has been that way all of my life. Plus, I know you cant take this to the bank, but this property lies in a beautiful setting so you can enjoy this property in that way, too.
Right now, the cotton looks like 1 to 1 bale per acre for a probable rental rate of approximately $108.50 per acre. Not bad! That is a return of a little over 7% not including future land appreciation. But, its what you think that counts. What do you think?