Texas / Dallam County / Dalhart
 
Texas

Dalhart Real Estate and Mortgage

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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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Dalhart real estate useful information:

Dalhart total population: 140,415

Population by Race:
White: 122,366 87.2%
Black or African American: 14,444 10.3%
American Indian or Alaska Native: 809 0.6%
Asian: 537 0.4%
Native Hawaiian and other pacific Islander: 38 0.1%
Hispanic or Latino: 2,466 1.8%
Some other race: 755  
Two or more races: 1,466  
Source: U.S. Census Bureau


Texas State Regulator:

Texas State Banking Department
Phone: (512) 475-1300
Web: http://www.banking.state.tx.us 
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