772.4± Acres Roosevelt County

$1,517,347
New Listing
Dji 0723 Jpg 2 1 2
Dji 0724 1
Dji 0725 1 2

Property Details

ID: 102590
Status: New Listing
Price: $1,517,347
Acres: 772.4
Price Per Acre: $1,964
Type: Farms, Business Opportunity
Address: 0 CR 236
City, State: Portales, New Mexico
County: Roosevelt
Zip Code: 88130

Description

 

772.4 Acre Irrigated Farm | Roosevelt County, NM

 

Reliable water. Solid soils. Proven setup. This is a clean, functional operation just outside Portales with easy access and both farms sitting within 6 miles of town.

 

Location

Located in Roosevelt County, NM.

South Farm has paved access off Hwy 267.

North Farm is accessed via well-maintained County Road 236.

 

 

 

North Farm - 611.91 Total Acres 

 

17 wells producing approximately 500 GPM

 

Balanced setup with both dryland and irrigated acres. The west half is currently farmed as dryland, while the east side is under irrigation.

    -    (2) 2015 PollySpan Valley pivots with poly line

    -    Each pivot packaged at ~275 GPM with 20 lbs pressure

    -    Crops: triticale and rye currently in rotation

    -    ~550 acres of water rights

    -    4 additional wells have been permitted on the farm allowing for solidified water reliability and possible expansion. 

 

This is a steady, dependable farm with strong water and flexibility depending on commodity outlook.

 

 

 

South Farm - 160.5 Total Acres 

 

6 wells (estimated 550 GPM total) - including 1 additional well in operation not yet tied in

 

    -    2017 Zimmatic pivot (7 tower)

    -    Remote operation on wells and pivot

    -    158.02 acres of water rights

 

Clean, efficient setup with modern improvements and solid production capability.

 

Soils

 

North Farm:

Dominated by Portales, Amarillo, and Arvana fine sandy loams-flat, workable ground with 0-1% slopes across the majority of the farm.

 

South Farm:

Primarily Posey and Amarillo fine sandy loams-consistent soils suited for irrigation and reliable yields.

 

Price

This property is being offered at $1,517,347 ($2,000/acre).

 

Notes: Buyer is encouraged to conduct their own due diligence prior to purchasing. All info listed above is according to the best knowledge of the seller and other relevant sources. The TX Real Estate Group will not be held liable for any information found to be inaccurate during or after closing the buying process. All buyers agents must be identified on first contact and accompany buyers on all showings in order to be given full participation fee. If these requirements are not met, participation fee will be at the sole discretion of the TX Real Estate Group.

 

Showing Instructions:

Contact Listing Agent: Jude Soileau - 806-801-2030

Ask a Question

Get Financing

# Payment Interest Principle Balance

Contact An Agent

Ask About This Property

Nearby Properties Around Roosevelt County

Price Reduced
Bailey County, TX
JUST REDUCED! We are pleased to have obtained the exclusive listing of this 320± acre tract, formerly in CRP, in Bailey County, Texas. This property presents a host of possibilities, including future farming, a cattle operation, or even a homesite.&n...
320± Acres
|
$336,000
Cochran County, TX
We are pleased to present the exclusive listing of this 306+/- farm located just southwest of Lehman in Cochran County, Texas. This farm has been carefully stewarded for many years and is now ready for a new owner to continue its farming operations. ...
306± Acres
|
$413,100
Cochran County, TX
We are pleased to present the exclusive listing of this dryland farm, located just south of Lehman and Morton in Cochran County, Texas. This farm has been carefully stewarded for many years, and is now ready to be added to a new owner’s farming...
288.5± Acres
|
$389,475

More Properties from

Lubbock County, TX
Unique Equestrian Estate on 16.4 Acres! Experience the perfect blend of comfort, space, and functionality with this extraordinary horse property just minutes from town. Spanning 16.4 fully fenced acres, this one-of-a-kind estate is tailored for moder...
16± Acres
|
$675,000
160± Acres Hockley County
Hockley County, TX
This productive 160.9 acre dryland farm is located approximately 2 miles northeast of Sundown in Hockley County. The property sits about 1.5 miles south of paved FM 1585, convenient access is provided via Hard Hat Rd. Additionally, Rawhide Rd runs al...
160.9± Acres
|
$249,395