Dell City, Texas is known as the "Valley of Hidden Waters". It has an abundant amount of quality water and with it's close proximity to El Paso, El Paso Water Utilities has been investing tens of millions of dollars acquiring land for water rights over the last several years. This "working farm" is located near Dell City between FM1437 and FM1576, just 95 miles from El Paso, TX and Carlsbad, NM. The 1,475 acre farm is one of the last remaining properties not owned by EPWU. The property is currently being farmed in alfalfa and oats and produces 1 to 1.5 tons per cutting with six to seven cuts per year generating an average yearly net income of $800,000. All water rights will convey (apprx. 1,362 acre feet). OWNER WILL CONSIDER OFFERS!
|Property Type||Land -Agricultural (Not Zoned)|
|Lot Size||1475.25 AC|