Fallon-Cortese Land | Real Estate in New Mexico

Listing Details:

3,305 deeded acre ranch located 12 miles west of Portales, N.M. 2.5 mi frontage on four lane highway 70. Two bedroom home, corrals, calf and cow chutes. Squeeze chutes. New all steel shop with plumbing, dog runs, etc. New steel horse stalls, round breaking pen. Cutting horse round pen. Horse facilities. Pipe corrals. Cake bin.

Equipment shed. Hay barn. Tack room.

Three wells 70 to 90’ deep with lots of good quality water. Flexible water supply into pipeline from either of two wells. Nine steel rim concrete bottom drinkers. Dead end road. No trespassers. Locked gates. No near neighbors.

8 pastures with good permanent fences for pasture rotation. Two submersible pumps with new underground pressure tanks. One windmill. A very productive sandy loam soil which is about as drought proof as one can be. Property taxes are appx $530 annually.

Elevation is 4,200’ and the growing season is 180 days. Average annual rainfall is appx 16”

This ranch has not been hunted in some time and is home to an amazingly large population of Blue Quail, some Bob White, plus some Mule Deer and Antelope.

Portales was recently ranked 15th in the nation for quality of life among small cities. It is the home of four year Eastern NM University, has a new hospital, and is a growing community. For the racing owner thinking about New Mexico, this ranch is well located on the path to Ruidoso and only 120 miles from the track at Hobbs.

For the ranching family, this ranch is ideally situated near a good college town in a mild year round climate. The hard to find kind. Possession at closing.

Price $1,239,375 ($375 per acre)

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For more information please email us or call us at 575 355.2855.

Portales Ranch Listed for $1,239,375

Portales Ranch
Listed for $1,239,375