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Ranch with CRP & Grazing Potential

$664,002
MLS #NM1258688
Causey, NM
Status: Active
Photos
Video
Map
1/10
Property Type
Acreage
Ranch
Acreage
681.03 acres
County
Roosevelt, NM
Format
Sale
Features
Water Well
List Date
Mar 20, 2025
Documents
Aerial
Roads
Soils
Topo
Use
Description
This well-maintained ranch offers strong revenue potential, quality fencing, and reliable water access. Located just west of Stegall, Texas, across the state line, this property provides flexibility for both income generation and agricultural use. With a combination of CRP payments and grazing/haying opportunities, it is well-suited for an investor or producer looking to maximize returns while maintaining operational flexibility. Spanning 681.03 total acres, the property includes multiple CRP contracts: 242.61 acres under a General CRP contract, expiring in 2033, generating $11,053 annually ($45.56/acre) 216.93 acres under a General CRP contract, expiring in 2033, generating $10,128 annually ($46.69/acre) 60.35 acres under a Grasslands CRP contract, expiring in 2033, generating $905 annually ($15.00/acre) Additionally, a 147.33-acre grass block has been enrolled in the forage drought insurance program, averaging $30.50 per acre in payments over the last two years, equating to approximately $4,493.56 per year. Altogether, this property generates $22,086 annually in CRP income, with the potential for additional revenue from managed grazing under CRP regulations. Improvements include: Over five miles of high-quality permanent barbed wire fencing, installed approximately five years ago and in excellent condition A stock water well with power in place, test-pumped and cased, awaiting pump and meter loop installation A small dirt tank centrally located on the property This property presents an exceptional value for the region, offering strong revenue potential and depreciable improvements. Comparable properties across the state line—often with fewer improvements—are trading in the $1,000 to $1,200 per acre range. This is a unique opportunity to secure a well-managed property with multiple income streams, quality infrastructure, and lower property tax burdens. Disclaimer: The information provided has been obtained from the owner and other reliable sources. However, Clift Land Brokers and the owner make no warranties or guarantees regarding the accuracy of the data. Prospective buyers are encouraged to verify all information through independent investigations. Clift Land Brokers represents the Seller. Buyer’s Agents must be identified upon first contact and must accompany any prospective buyers during all property showings.
Listing Agent
Eric B. Turpen
Clift Land Brokers
Littlefield, Texas
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Land Broker Co-op assumes no responsibility for the accuracy of information contained herein. Information contained herein has been provided by either the property owner or the listing broker and is assumed to be accurate and reliable. Buyers acknowledge, and shall assume full responsibility for verification of all information contained herein.
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