$3,900,000
$12,342 per acre: total asking price divided by the reported 316 acres. Not an appraisal or a bare-land value.
11865 737 RdFunk, NE 68940
Farm · MLS 12024383 · Listed 29 days ago (Oct 5, 2026)
Crops and cropland · Livestock and grazing · Farm and ranch details
For sale: Listed for sale and available according to the MyStateMLS feed.
About this property
This is an exceptional opportunity to own a quality irrigated farm in one of south-central Nebraska's most productive areas. Located northeast of Holdrege in Phelps County, this 316± acre property has been in the same family for generations. Farms like this rarely come to the market. The soils are 100% Holdrege silt loam. These deep, highly productive soils are known for their consistent yields, and a farm made up entirely of them is uncommon. Irrigation water comes from both groundwater and surface water, so the operation has a dependable and flexible supply. The farm is irrigated with pivots and power units owned by the tenant. This farm is open for the 2027 crop year. The property has great access off gravel roads and sits near competitive grain markets, including an ethanol plant, grain elevators, and feedlots. An operator has several strong marketing options close to home. For a buyer looking to add high-quality irrigated acres to a farming operation or an investment portfolio, this farm is a rare find. Legal Description: Lots 3, 4, 9, and 10 & Lots 11, 12, 17, and Part of 18 in Section 06, Township 06 North, Range 17 West in Phelps County, NE Property Taxes (2025): $14,600.14 Acreage Breakdown (per county assessor): - Irrigated Acres: 269+/- (North: 115.13+/-, South: 153.87+/-) - Grassland Acres: 35.97+/- - Dryland Acres: 8.16+/- - Other Acres: 3.67+/- - Total Acres: 316.80+/- Irrigation Information: - North Well - G-074642. Drilled in 1992. 2,000 GPM, 12′ Static Level, 38′ Pumping Level, 205′ Well Depth - South Well - G-003937. Drilled in 1980. 1,600 GPM, 10′ Static Level, 42′ Pumping Level, 214′ Well Depth - Located in Tri-Basin NRD - Certified Irrigated Acres: North 1/2 : 115, South 1/2 : 153.87 - CNPPID Surface Water Acres: North 1/2 : 149, South 1/2 : 10 - Landowner owns irrigation well column and pumps. - Tenant owns all other irrigation equipment. FSA Information: - Total Cropland Acres: 311.66 - Corn: 285.36 Base Acres - 200 PLC Yield - Soybeans: 4.39 Base Acres - 45 PLC Yield - Total Base Acres: 289.75 *Subject to current 2026 lease. Open for the 2027 season. *All mineral rights owned by the seller, if any, convey to buyer.
Description provided by the listing brokerage.
Farm and ranch details
Listing-reported, not independently certified. These details come from the listing's own fields and description. Farms and Ranches has not inspected the property, measured acres, tested soil or water, or reviewed permits. Confirm everything with Jeff Moon of AgWest Land Brokers and the right professionals.
| Listed here as | FarmFarms and ranches: Listed by the MLS as a farm or ranch, or land with reported agricultural improvements such as barns, stables or fencing. |
|---|---|
| Why it qualifies | Agricultural use reported in the listing · How listings qualify |
| Reported use | Crops and cropland, Livestock and grazing |
| Total acreage | 316 acres (as reported) |
| Reported land breakdown | Not stated. Total acreage is not tillable or usable acreage; ask the agent and check the soil survey. |
| Home included | No home reported |
Reported buildings, water and land features
- Agricultural zoning reported (listing zoning field)The listing reports agricultural zoning. Confirm permitted uses and any restrictions with the local planning office.
- Tillable or cropland (listing description)Tillable or cropland acres as written by the listing agent. They are not a survey or a soil assessment.
- Irrigation mentioned (listing description)Irrigation is mentioned in the description. Equipment or a well does not establish a legal right to irrigate; ask for the water right or permit documents.
- Pasture (listing description)
Not reported here and never inferred: yields, income, stocking rates or carrying capacity, water rights, transferable permits, organic certification, equipment or livestock included in the sale, and whether a building can be used or a site built on. Report a wrong classification.
Facts
- List price
- $3,900,000
- Status
- For sale
- Property type
- Land and lots
- Lot size
- 316 acres
- County
- Phelps County
- MLS number
- 12024383
- Annual property tax
- $14,600
Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them.
Virtual tours
Location
The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary, and no soil, flood, wetland or access conclusion should be drawn from it. See more listings in Funk.
Price and status history
Changes observed by Farms and Ranches in MyStateMLS data since Oct 30, 2026. This is not a public-record sales history; MyStateMLS does not publish sold prices.
Buyer checklist
Questions worth investigating for any farm or ranch purchase. They are not claims that this property has a problem or meets any condition.
- Legal accessIs there deeded or recorded access to a public road, and are there easements across the land (or that the land relies on)?
- Water rights and wellsA well, pond, creek or irrigation system does not by itself establish a legal right to use the water. Ask for the water right, permit or registration documents and test the well.
- Leases and tenanciesAre there farm, grazing, hunting, CRP, oil and gas or wind leases? Some survive a sale or require notice before they end.
- Soil and usable landHow many acres can actually be cropped or grazed? Check the NRCS soil survey and get a current lab soil test for the use you plan.
- RestrictionsZoning, conservation easements, deed restrictions, HOA rules, floodplain and wetland rules can limit what you can do.
- Building conditionBarns, fences, wells and septic systems need inspection; a listed building may not suit a commercial or livestock use.
- UtilitiesPower, water, septic capacity, internet and road maintenance: who provides them and at what cost.
- What is included in the saleEquipment, growing crops, stored hay, livestock, irrigation equipment, permits and farm program contracts are often separate. Get it in writing.
Explore this area's farming resources
Regional guidance for Phelps County, NE. It describes the area, not this property: it does not say this land suits any crop or use.
- Regional overview and local referrals for Phelps County
- Nebraska Extension (University of Nebraska-Lincoln) (county offices and local specialists)
- Soil testing options for Nebraska
- NRCS Web Soil Survey (mapped soils; a map is not a soil test)
- All farm resources for Nebraska
Guides and next steps
Listing courtesy of AgWest Land Brokers. Listing agent: Jeff Moon. Listings provided by MyStateMLS.
Listing last updated by the brokerage Oct 12, 2026, 5:45 PM UTC. Farms and Ranches last received MyStateMLS data Nov 3, 2026, 12:00 AM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing agent.