Ranch, Recreation, Mountain, Horse and Semi Retirement Real Estate in New Mexico.
Sub Irrigated Grass Unit. SOLD$717,631Maxwell

Sub Irrigated Grass Unit. SOLD
$717,631
Maxwell

MLS #: 96354
address: County Rd A-2
Physical Address: County Rd A-2
Legal Description: Metes and Bounds, Contact Broker.
City, State, ZiP: Maxwell, NM, 87728
County: Colfax
Location description: From I25 take exit 426 at Maxwell NM and drive west to stop sign in town, turn right (north) onto State Road 445 and drive one mile and turn left (west) onto State Road 505 (paved) and drive approximately 4.0 miles and turn right (north) onto County Rd A-2 and drive approximately 0.75 mile and property starts on east side of county road. Continue driving 0.25 mile and property is on east and west side of county road with lake 11 visible to the north west.
Property Taxes: 2014 Base Property Tax $86.38

SOLD 624.027 +/- deeded acres plus an additional 178.00 +/- acres grazing surrounding Lake 11 make this a sub irrigated grass production dream. The property has supported 80 to 100 cows and up to 6 bulls since November 2012 with a protein supplement through the winter months. The unusually high carrying capacity for this area is due to the sub irrigated pasture with the most productive area in and around lake 11 of the Maxwell Conservancy. The grass species is Alkali Sacaton, a tough perennial native grass highly tolerant to drought. In the north east area of the property gramma grass predominates. The 178 +/- deeded acres of Maxwell Conservancy Lake 11 is unfenced, so integrates easily into the property.

The property has a usable Calving Barn, approximately 90ft x 30ft with central alley, enclosed, water to several pens, earth floor, wood frame construction with corrugated metal exterior and roof. There is another wooden barn offerring additional useful storage. Both Structures are central to the property.

There is 70 shares of irrigation water assessed from the Vermejo Conservancy District included in the purchase of this property. There is an annual fee per share plus an additional fee for water delivery based on a per acre foot deleivered basis. The maximum proration on an annual basis can be up to 18 inches of water per share per acre. The property has two domestic water meters, which supplement livestock watering. One waters the calving barn/corrals area, a pasture behind the corrals and a water tank in the north end of the main pasture. The other waters the south pasture next to a set of corrals, and a tank in the southern end of the main pasture.

There is an approximately 4.433 +/- acre in-holding within the boundary of the property.

Seller is looking for cooperation from a buyer to perform a 1031 Tax Deferred Exchange.

Google Boundary Map

$717,631 SOLD

LIMITING STMT: The information contained herein has been obtained from the owners and other sources deemed reliable and is believed to be accurate, but this information cannot be guaranteed by the Broker or his Agents. None of the above statements are intended as representations by the owner or Broker.

This presentation is subject to errors, omissions, price change, prior sale or withdrawal from the market without notice. An independent investigation into all the facts pertaining to this property is encouraged by the Broker.

This information contained herein is for the exclusive use of the clients of O’Neill Land, LLC, and any reproduction of this information without the expressed written consent of O’Neill Land, LLC is strictly prohibited..