Auction

Red River Valley Farm

Sep 23 Idabel, OK 11,293± Deeded Acres

Executive Summary

The Red River Valley Farm consists of three distinct, preliminary contiguous, and individually operational farms at the juncture of Oklahoma, Texas, and Arkansas. Offered in 16 individual tracts and combinations. Bid and form a holding that fills your unique needs.

Call Hall and Hall Auctions today to request a brochure!
1-800-829-8747

Auction Date and Location:
• Thursday, September 23rd at 10:00 am CT
• Held at the Love Civic Center – Paris, TX
Eight West Plaza, Paris, TX 75460

Information Days:
• Wednesday, September 8th from 5:00 pm to Dusk CT
• Thursday, September 9th from 9:00 am to 12 noon CT
• Meet an auction representative at either Tract 2 or Tract 13

Offered in cooperation with Republic Ranches.
8117 Preston Road, #300 Dallas, TX 75225
214-592-3706

Just the Facts

CLICK HERE for additional property information.


-         Offered in 16 auction tracts from 55± to 4,484± acres

-         3,095± total irrigated acres

-         Divided into three distinct, contiguous farms

Learn about the locale

Location

McCurtain County, OK; Tracts 1 – 9:

-         Tracts 1 – 9 are located four miles south of Idabel, Oklahoma along Highway 259.

-         Tracts 10 – 12 are located just south of Harris, Oklahoma along Highway 259.


Bowie County, TX:

-         Tract 13 is located 10.75 miles north of New Boston, Texas at Farm Road 992 and County Road 3210. Take Farm Road 992 out of New Boston and proceed for 10.75 miles to ranch entrance.


Little River County, AR:

-         Tracts 14 – 16 are located in the southwest corner of Little River County, Arkansas.

-         Tract 14: S26-T13-R32: SE4

-         Tract 15: S35-T13-R32: Part of NE4

-         Tract 16: S28-T13-R31: N2 & Part of SE4

Locale

Tracts 1 – 12 are located along the Highway 259 corridor south of Idabel, Oklahoma. The tracts combined together form two largely contiguous farms.


Tract 13 is a historic, large, and highly productive farm located along nearly five miles of the Red River in northeast Texas. The farm is in Bowie County, TX about 15 minutes northeast of DeKalb, Texas. The farm partially extends into McCurtain County, Oklahoma and Little River, Arkansas.


Tracts 14 – 16 are located in Little River County, Arkansas about fifteen minutes south of Foreman, Arkansas and fifteen minutes north of New Boston, Texas. It’s comprised of three auction tracts all located within minutes of one another.

Learn more about the property

Acreage (Deeded & Leased)

Tracts 1 – 12:

-         Total: 6,239± Acres

-         Tillable: 5,696± Acres

-         Irrigated: 1,050± Acres

Tract 13:

-         Total: 4,484± Acres

-         Tillable: 2,955± Acres

-         Irrigated: 1,922± Acres

-         Pasture: 204± Acres

Tracts 14 – 16:

-         Total: 570± Acres

-         Tillable: 534± Acres

-         Irrigated: 123± Acres

Tract 1: 210± Acres

Tract 2: 100± Acres

Tract 3: 2,262± Acres

Tract 4: 80± Acres

Tract 5: 796± Acres

Tract 6: 140± Acres

Tract 7: 157± Acres

Tract 8: 440± Acres

Tract 9: 280± Acres

Tract 10: 432± Acres

Tract 11: 1,227± Acres

Tract 12: 115± Acres

Tract 13: 4,484± Acres

Tract 14: 160± Acres

Tract 15: 55± Acres

Tract 16: 355± Acres

Deeded Acres: 11,293±
Total Acres: 11,293±

Improvements

Tracts 1 – 12:

-         Six Valley pivots

-         Multiple water wells providing sufficient flow for pivot-irrigation

-         Permitted pumping from the Red River

-         Floating 3,500 GPM pump

-         Thirteen grain bins that can store 545,000 bushels including four that are 100,000-bushel GSI bins

-         Five shops/sheds

-         600 acres precision leveled

Tract 13:

-         Irrigation:

o  Two pump sites on the Red River currently yielding over 4,500 GPM

o  Two pump sites on oxbow lakes with the ability to fill from river

o  Eight Zimmatic pivots

o  Permitted pumping rights on the Red River

-         Three Sukup grain bins with grain leg. Farm has a total grain storage capacity of 397,000 bushels

-         Over eight miles of hog fence with cross fencing for winter cover cattle grazing

-         Covered cattle working pens

-         Home on hilltop overlooking farm

-         Equipment shop and combine shed

-         Office and truck scales

-         Several other structures including guesthouse, office, and barns

-         Utilities for RV hookup

-         Private landing strip for personal or aerial applicator use

Tracts 14:

-         One Valley pivot

-         Several water wells producing sufficient flow for pivot-irrigation

Water Rights

100% of the Seller’s water interest associated with the property will transfer.

Mineral Rights

100% of the Seller’s mineral interest associated with the property will transfer.

Learn about the general operations

General Operations

Tracts 1 – 12:

-         Soil Base: Consisting of a diverse soil base, some of the more common soils include:

o  Tinn-Roebuck Complex

o  Tinn Clay

o  Billyhaw Clay

o  Coushatta Silty Clay Loam

o  Severn Very Fine Sandy Loam

o  Gallion Very Fine Sandy Loam

o  Latanier Clay

o  Caspiana Loam

-         Average annual precipitation is 52 inches

-         The local livestock and poultry markets have strong grain demand which helps to support a positive bases over the CBOT


Tract 15:

-         Soil Base: Nearly all the cultivated ground is a Class 1, Severn Very Fine Sandy Loam

-         Wildlife: The abundant wildlife is an added bonus for the sportsman or those looking to benefit from hunting lease income

-         Cattle: The farm has the potential to carry a cattle herd and further diversify the owner’s income streams


Tracts 14 – 16:

-         Soil Base: Billyhaw clay is the predominant soil on the farm. This soil type is rated as Class 2w

Leases and Permits

The majority is leased thought December 31st, 2021.

Back to Overview

Terms

Summary of Terms:

·      10% earnest money deposit of the total contract price will be due immediately from all successful bidders.

·      A 5% buyer’s premium will be added to the high bid to determine the total purchase price.

·      The property is being sold “AS IS, WHERE IS” and without any contingencies, including financing.

·      Closing will be set 30 days from the auction date or as soon as thereafter as closing documents are available.

·      Broker participation is available. Contact our office for details.