| This property is located 5 miles east, 4 miles south and ½ mile east of Amistad, New Mexico approximately 50 miles southeast of Clayton, NM and approximately 48 miles west of Dalhart, Texas.
The formally designated farmland (617.5 acres) is currently enrolled in the Conservation Reserve Program until September 30, 2022 @ $45.60 per acre per year with the remaining acreage of the property in native grass.
This property has six irrigation wells and four pivot pads with underground line in place to the pivot pads. Three of the four original circles contain approximately 125 acres each with the fourth circle containing approximately 245 acres.
Relatively shallow water levels should allow a cheaper pumping cost with natural gas being available to the irrigation wells for irrigation of the property.
Due to the fact that there is extreme demand for real estate throughout the nation and that the dairy industry has moved to Eastern New Mexico and the Texas Panhandle this property deserves your attention as a potential investment with considerable depreciable assets, a working, combination irrigated farm and/or cattle operation and as a dairy or feedyard support farm for feed.
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