Central NM farm for sale with permitted water rights. Locate in the Estancia Valley, Torrance County New Mexico just 40 miles southeast of Albuquerque. 238.87 acres for 600.25 acre/feet permitted water rights. Farm has 2 irrigation wells, 18 flood risers for flood irrigation, 1 domestic well. Condition of wells unknown. Farm is located off of Hwy 41 between Estancia and Moriarty, just minutes south of I-40. This Estancia Basin farm has historically been a pinto bean and alfalfa farm and cattle ranch. An old farmhouse on property is currently not livable but could be with a lot of work. Includes shop, hay barn, wood corral with loading chute, pond and gravel pit. Owner financing offered. Eligible for AG New Mexico or Farm Credit financing.
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