The Running Water Draw runs through this farm which is located in one of the better water areas of Castro County. There is a Valley center pivot sprinkler irrigation system nozzled for 500 gpm that waters 189.54 acres and is supplied by one well near the pivot that is equipped with a 6” turbine pump with a natural gas engine. An older well in the northwest corner that is only approximately 220’ deep is not being utilized. The current tenant owns the well engine, drive shaft and gearhead and the in-field stop and autoreverser for the pivot. 57.3 acres in three of the sprinkler corners are enrolled in CRP through 2016 for $37.78 per acre. A 23.57 acre field that is currently farmed dryland would be ideal for a drip irrigation system. The balance of the land is in grass but a portion could be cultivated. There is a conservation area planted to trees between the pivot and the draw. An area along the draw would likely qualify for a CCRP Buffer. The owner is willing to assist the buyer in maximizing the tax advantages of purchasing this farm.