$4,000,000

504 Braid Rd

Hope NM, 88256

Description

Over 2000 acres of farmland and grazing land combined 20 miles west of Artesia, NM. This is an irrigated farm with water rights. There is approximately 2520 acres with 920 acres under a BLM grazing lease. There is 364 acres in current production with additional acreage that you could bring into production and the water to irrigate it with. There is 3 pivots and 1 siderow. The 2 pivots and siderow are in Alfalfa production. One pivot is currently planted in haygrazer. 100 hours of irrigation water rights will transfer with the property. One irrigation pump which pumps 3300 gallons per minute provides more than enough water to irrigate and can run all three pivots at the same time. This farm averages8 tons to the acre in alfalfa with some years producing more. There are 3 homes on the property, hay barns, corrals, and much more.

Details

MLS#20193157
StyleFarm or Ranch
Sub-TypeResale
StatusActive
Days On Site136

Features

Story(s)1 Story
Acreage2520.00

Loading Form

Loading Form

Area Information

StateNM
CountyEddy
CityHope
Zip Code88256
AreaEddy County
Listing VS Median (in 88256)
Price:
$4,000,000
low | high
Med:
$299,000
100% of Average
On Site:
136
low | high
Med:
30
100% of Average
Listing Updated: 11/16/2019
MLS Number: 20193157
Listing Provided By:
JODIE CHISM  of  UNITED COUNTRY NEW MEXICO HOMERANCH REALTY