53 County Road 100 E

    Mountainair, NM 87036
    • $315,000
    • STATUS: Active
    • ON SITE: 313 days
    • MLS #: 908707
    UPDATED: 19 min ago
    $315,000
    • 0
      BEDS
    • 160
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Farm
    County:

    School Ratings & Info

    Description

    160 fenced acres With 167.5 Acres feet of Water Rights. Pivot irrigation, 700 Sq. Ft Small farm Home. 1440 Sq. Ft Barn, 3- Horse Stall. 480 Sq. Ft Studio with Porch and Shop with electricity. Awesome Views of the Manzano Mountains. Just 10 Miles from Mountainair, County Road Access. Not Many Water Rights with good standing are Left. Great Price Seller bought this property in 2007 at price of $236000 in a 1031 exchange transaction (see MLS #460476),at the time of the purchase the irrigation system was a row irrigation operated with propane , in 2008 Seller installed 1300 +/- feet pivot system with 3-phase electric high efficiency motor at a total cost of $approx. $85000. Seller is not a farmer therefore the farm has been leased out to local farmer whom has planted two crops per year.A few years ago 20 acre feet of water right was sold for $24000 or at $1200 per acre feet, the Buyer of the water right purchased the water right for speculation and has not moved said water right from the existing well and being irrigated with the seller's owned 167.5 acre feet of water right. Presently this is enough water right to irrigate 75 acres; if more water right is purchased then more land can be irrigated.

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    IDX information © 2018 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Campbell & Campbell Real Estate Services. Data last updated: 2018-11-20T12:05:39.507.
    www.metrohomesearch.com/homes/79859276

    53 County Road 100 E Mountainair, NM 87036

    • Price: $315,000
    • Status: Active
    • Updated: 19 min ago
    • MLS #: 908707
    0
    Beds
    0
    Baths
    0
    ½ Baths
    160
    Acres
    Neighborhood:
    292 - Estancia Mcintosh
    County:
    Torrance
    Area:
    292 - Estancia Mcintosh
    Property Description
    160 fenced acres With 167.5 Acres feet of Water Rights. Pivot irrigation, 700 Sq. Ft Small farm Home. 1440 Sq. Ft Barn, 3- Horse Stall. 480 Sq. Ft Studio with Porch and Shop with electricity. Awesome Views of the Manzano Mountains. Just 10 Miles from Mountainair, County Road Access. Not Many Water Rights with good standing are Left. Great Price Seller bought this property in 2007 at price of $236000 in a 1031 exchange transaction (see MLS #460476),at the time of the purchase the irrigation system was a row irrigation operated with propane , in 2008 Seller installed 1300 +/- feet pivot system with 3-phase electric high efficiency motor at a total cost of $approx. $85000. Seller is not a farmer therefore the farm has been leased out to local farmer whom has planted two crops per year.A few years ago 20 acre feet of water right was sold for $24000 or at $1200 per acre feet, the Buyer of the water right purchased the water right for speculation and has not moved said water right from the existing well and being irrigated with the seller's owned 167.5 acre feet of water right. Presently this is enough water right to irrigate 75 acres; if more water right is purchased then more land can be irrigated.
    Exterior Features

    Apx Acres Leased 0.00 Apx Deeded Acres 160.00 Private Hunting No Property Access Access Public Road State Hunting No Subdivided No

    Property Features

    Apx Taxes 396.00 Docs Data Available Deed Finance Considered Cash House On Property Yes Included Yes Lease Payment 0.00 Livestock Included No Lot Size Source Broker Owner Broker YN Yes Possession Day Of Funding Property Sub Type Farm/Ranch Combo Tax Exemption No Timber Mineral Rights All Owned Tim. Inclu Title Fee Simple Topography All Level Trade Exchange Considered No Type Lease None Utilities Call Listing BrokerDomestic WellElectricityLp Propane Water Irrigation Well Zoning A-1

    Listing courtesy of Signature Real Estate Services. © 2018 Southwest Multiple Listing Service, Inc.
    IDX information © 2018 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Campbell & Campbell Real Estate Services. Data last updated: 2018-11-20T12:05:39.507.
     
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    6715-B Academy NE
    Albuquerque NM, 87109