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Walter Lasley and Sons, Inc.

+/- 9,624 acres (half grass & half farmland) to be auctioned off in 12 tracts

Property Information:

  • 15 miles east of Stratford, TX located in Sherman County
  • Confined feeding operation: current capacity 20,000 head w/ permitted 30,000 head
  • Substantial grain storage facility; multiple homes; 18.5 circles, room for more.

Auction Date:
Thursday, August 13th, 2015

Auction Location:
Amarillo Country Club
Ball Room
4800 Bushland Blvd, Amarillo, TX 79106
(806) 355-3371

Auction Time:
2:00 PM

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It’s been described as the ideal diversified agri-business property and it’s perfectly suited for farming, ranching and intensive livestock production. This sizeable property sits high atop the Texas Panhandle and has a rich heritage that is simply teeming with possibilities.

Welcome to Walter Lasley and Sons Inc., a historic farm, ranch and confined animal feeding operation located just fifteen minutes east of Stratford, Texas. Boasting approximately 9,624 acres of productive farm and ranch land, including a modern 22,000 head confined animal feeding location permitted to expand to 30,000 head, this combination irrigated and dry-land property all goes to auction without reserve and can be acquired in individual tracts or as one complete parcel. With over 100 years of continuous operation, this property is perfectly located within 150 miles of 4 major beef packers and within 175 miles of several leading milk and cheese processors.

This is your opportunity to own: a legacy property thoroughly suited as a feedlot, dairy or cattle back rounding operation. The Ogallala Aquifer feeds more than 14 center-pivot irrigation systems located on a portion of the property. And these productive lands also present the wining buyer with opportunities to expand the farming operation. Included is a substantial 400,000 bushel grain storage facility, an owner-operated home, and three additional single-family homes. It’s only a bid away from being all yours!

Information Meeting for July 23rd:
Who: All Area Real Estate Agents/Brokers/Buyers/Bankers
Where: Walter Lasley and Sons, Inc. 14233 FM 119 Rd Statford, TX 79084
When: 10:00am on Thur, July 23rd
What: Discuss how the multi-parcel auction will be conducted, what buyers will be responsible for day of auction, details pertaining to possible investments opportunities & what agents need to do to register their buyers & earn a commission! We are an agent-friendly auction company!

Information Meeting for August 4th:
Who: All Area Real Estate Agents/Brokers/Buyers/Bankers
Where: Walter Lasley and Sons, Inc. 14233 FM 119 Rd Statford, TX 79084
When:
10:00 AM on Tues, Aug. 4th
What: Discuss how the multi-parcel auction will be conducted, what buyers will be responsible for day of auction, details pertaining to possible investments opportunities & what agents need to do to register their buyers & earn a commission! We are an agent-friendly auction company!

Documents:

Important Dates:

  • 07/23/15 - 10:00am - Information Meeting
  • 08/04/15 - 10:00am - Information Meeting
  • 08/12/15 - Prior to 2:00pm CST - Deadline for Brokers to Register Buyers
  • 08/13/15 - 2:00pm - AUCTION
  • 08/27/15 - Lasley Equipment Auction - ONSITE

Tract 1, Sec 128

Tract #1, section 128, is 653 acres of predominantly grassland, right east of highway FM 119 running north and south. The property is full of beautiful grasses, ideal for grazing a herd of cattle. With potential to break out into farmland, this property is rich in production possibilities for farming or cattle feeding.

Tract 2, Sec 127

Tract #2, section 127 is 653 acres of grassland. This grass is the perfect location to run cattle, as the grass is ideal for grazing. Located to the east of FM 119, this property is easily accessible and ultimate for cattle production.

Tract 3, Sec 126

Tract 3, section 126 consists of 653 acres of irrigated farmland. With three full circles, and one ¾ circle in the NW 1/4, this property is a hub for crop production. Located in the SW quarter is one well, with an (Moline) MM 800 HD engine, that pumps 355 gallons of water per minute. The northeast circle is watered by 1 Gilford Hill center pivot sprinkler, and the SE and SW circles are watered by Lockwood 8 tower sprinklers. With ideal soils and location, this is a tract that will yield profitable production.

Tract 4, Sec 116

Located a mile east of highway 15 and FM 119, tract #4, section 116 is 653 acres of irrigated farmland containing two pivots, four circles, one well, and pens in the middle of the property. The NE ¼ circle is watered by a TL 10 Tower center pivot sprinkler, powered by a 350 Chevy motor.

The SW quarter circle is watered by a TL 10 tower center pivot sprinkler, powered by Ford 460 irrigation engine w/ Berkely pumps. The well, located on the SE ¼ pumps 435 gallons of water per minute, powered by a MM 800 HD irrigation engine. Utilize this property to generate profit from production farmland.

Tract 5, Sec 143

Tract #5, section 143, is 640 acres of predominantly grassland, directly west of highway FM 119 running north and south. The property is full of beautiful grasses, ideal for grazing a herd of cattle. With potential to break out into farmland, this property is rich in production possibilities.

Tract 6, sec 144 & 157

Tract 6 is composed of two sections: The east section 144 contains 640 acres of grassland perfect for grazing a herd of cattle, and the west section 157 also contains 640 acres of grazable grassland. Breakout the southern-most halves of these sections into farmland if this fits your production needs!

Tract 7, Sec 145 & 156

Tract 7 of the property is the main attraction, hosting a feedlot, mill, farmland, office headquarters, an owner’s house, 2 separate houses, shops and equipment. Boasting more than 1,400 acres, this property is the heart of Lasley and Sons Operation. The east section 145 contains 620 acres of feedyard property, with capacity of 20,000 head of cattle, and permission for 30,000 head. Equipped with access from FM 119, this property is any producer’s dream, averaging a 40 mile radius from major cities and packers in the region.

Section 156, the west parcel of tract 7, is 830 acres. East of the main headquarters are three circles and one well pumping 280 gallons of water per minute, powered by a MM 800 HD engine. Each circle is watered by a TL 10 tower center pivot sprinkler, 1 lockwood 8 tower center pivot sprinkler, and 1 reinke 8 tower pivot sprinkler. With all the amenities essential for an agribusiness operation, this property is suited for feedlot production, cattle backgrounding, or dairy production.

Tract 8, Sec 146

Tract 8, section 146 is 640 acres located at the main entrance of the Lasley Property, just west of FM 119 and north of highway 15. This property contains four circles, all watered by TL 10 Tower Center Pivot Sprinklers. The property has two wells located on the north and south boundaries of the property, one pumping 383 gallons per minute, and the other pumping 310 gallons per minute. Each well is powered by a MM 800 engine. Enjoy this perfect location for interest in cropland production.

Tract 9, Sec 155

Tract 9, section 155 is 640 acres of farmland, just south of the Walter Lasley & Sons Feedyard property. The 640 acres contains four circles and two TL tower center pivot sprinklers. Two wells provide water to the property; one located on the west boundary, operated by a MM 800 HD engine, pumping 180 gallons per minute. The east well is powered by a 454 Chevy engine, pumping 340 gallons of water per minute. Each pivot is powered by a Ford 460 irrigation engine with berkely pumps. Another tract perfectly ideal for buyers interested in crop production.

Tract 10, Sec 175

Tract 10, section 175 is 640 acres of grassland, with a playa lake in the SW quarter. An ideal location for grazing, this property is located to the east of county road 17. Utilize the property to reach it’s highest potential by breaking out the east half into farmland, or use the acreage as grassland for cattle grazing.

Tract 11, Sec 174

Tract 11, section 174 is 830 acres of gorgeous grassland with an access road leading to a caliche pit in the NW quarter. This grass is excellent property for grazing, currently hosting a set of pens on the southern boundary, in conjunction with tract 10. Utilize this property for the profitable caliche pit or to graze a herd of cattle.

Tract 12, Sec 153 & 152

Tract 12 is composed of a full 640 acres in section 153 and 250 acres in section 152. Located just two miles south of the main headquarters, tract 12 hosts a house and grassland. On the NE quarter sets a home perfectly suited for property owners or employees. West of the house sits a half section of terraced grassland. Just south of section 153 is 250 acres of continuous grassland, ideal for grazing. Utilize this property for housing, grazing, and potential to cultivate into farmland.

 

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