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Three Circle Farms

$5,914,750 Bagwell, TX 2,005± Deeded Acres

Executive Summary

Three Circle Farms in northwest Red River County represents the highest quality among farming operations in the region. This 2,005± acre farm is 89% tillable and well improved with 1,080± acres under three T-L Pivot systems, each supported by multiple alluvial wells. Three homes, workshops, and a 10,000 square foot red steel building are among the well-matched improvements located at the central headquarters. Tile drainage on strategic portions of the farm and deep clay loam soils both contribute to the farm’s capabilities. The farm benefits greatly from the mixture of mostly FSA Class I & Class II soils. The predominate Class I soil types are Oklared Fine Sandy Loam, Wakana-Elysian Complex, and Waskom Loam. Three Circle Farms is also an excellent candidate for a sod farm or conversion to a “MIG” irrigated grazing system.
Each of the three pivots are served by a dedicated mainline supply system which collects water from a 36” diameter gravel packed well bore that has been drilled to an average depth of 45’. Each well has been cased with 16” SCH 40 PVC and fitted with electric submersible pumps. All systems are currently powered by diesel gen-sets, however 3-phase power is readily available along FM 410.

Just the Facts

  • 2,005± acres of land
  • 1,785± acres of tillable land.    
  • 1,080± acres of irrigated land.
  • 250± acres of additional possible deeded accretion (TBD).
  • Three T-L Pivots
  • Headquarters with three homes
  • 50’ x 80’ Quanset Shop
  • 100’ x 100’ Machinery Shed/Hay Storage
  • 21 alluvial irrigation wells
  • 514± acres tile drained
  • Net wire fencing
  • Adjoining Pine Creek Ranch also available for sale

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Our Hall and Hall broker, Randy Shelton, kept us in the loop as though it were. Our sale hinged on that of larger surrounding parcels, and when an initial offer fell through, Randy went back to the drawing board and found a suitable buyer who shared our values. That meant a lot to us, as our property had been in the family for more than 100 years.

Jill and Dan Black Kalispell, Montana

From the first time I walked through the door, I sensed Hall and Hall’s highest goals were to understand who I was and build a relationship, to understand what made my property special, and to find the buyer. Their discipline and focus was apparent. Throughout the entire process, their approach towards reality was different from the experiences I have had previously. Genuine would be the word I would use to describe everyone at Hall and Hall.

Lynwood Johnston Bozeman, Montana

I interviewed 4 agents and selected Hall and Hall because of the agency’s reputation for expertise in high end ranch property and global marketing. I had the pleasure of working with Tim Murphy on the sale of a family property in the Paradise Valley, Montana. We believe he represented our family interests well and contributed to the integrity of the property by joining together buyer and seller and a shared love for this special place in our lives.

David Cranston New York, NY

Bill McDavid was an outstanding and very patient partner in this sale. His expertise in the market and marketing of the property was excellent. I would use him again in a heartbeat to either buy or sell a ranch property.

David Schall Skalkaho Creek Ranch

“Guns, bear spray and handsaws: These aren’t the tools of your average luxury real-estate agent. But ranch brokers like Mr. Murphy, a Bozeman-based partner at Hall & Hall, occupy a unique and increasingly challenging niche in the world of multimillion-dollar property.”

Candace Taylor The Wall Street Journal

“When it was time to invest in a ranch for our family, we knew we needed to work with Hall and Hall. The expertise is unsurpassed.”

The Richardsons Big Horn River Ranch

In 1988, Joel Leadbetter became a partner at Hall and Hall where he has been instrumental in completing complicated, high-profile deals such as the recent sale of Texas’ historic 512,000-acre Waggoner Ranch.

Land.com Broker Spotlight

“The professionalism, preparation, and overall positive demeanor exhibited… were truly impressive… I have never before worked with a more dedicated, knowledgeable, and level-headed sales professional.”

Steve Schelhammer

I had been looking for the right property for several years and Elliott Davenport’s insight into the quail plantation market and his ability to think strategically was instrumental in helping me find our new place. Elliott was helpful on all technical aspects of contracting and due diligence. His post closing help with hiring and contractors made the process much easier as well.

Witt S. Quail Plantation Buyer

I have purchased 4 ranches through Hall and Hall over the past 20 years, and there is simply no other team in the world like them. They have navigated complexity, professionally attended to every detail, operated with fairness and integrity, and demonstrated an unwavering commitment to me– whether representing me or the person on the other side of the deal.

Charles S. Potter, Jr Rocky Mountain Ranch Buyer