Gates Farm for sale with 320 acres near Tucumcari New Mexico

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Gates Farm

Location

2 miles West of old McAlister, New Mexico School house

Tenure 320 +/- Acres

Current Cultivation

This farm consists of 280+/- acres of dry land wheat, and 40+/- acres of native grassland.

Soil Type

The soils consist of deep and gently sloping loam soils. The surface layer is loamy with a sub-surface layer of sandy clay loam to heavy clay loam.

Elevation 4,750 to 4,775 ft.

Precipitation

Nearest reporting station is at Ragland, NM, which is approx., 10 miles from the property indicates annual precipitation to be 17.76 inches annual.

Improvements

One water well – 100 ft. deep located at the old Gates homestead. This well is powered by a pump jack with an electric motor.

Description

This farm is currently under a lease which expires fall of 2005. It is currently being farmed. The farm land gently slopes from north to south. Barb wire fences are in poor condition; electric fence is in fair condition. The old house and barns are in poor condition.

Water One domestic well to water livestock.

Taxes $53.18 annual per Quay County Tax Assessor

Price $96,000.00

McAlister, NM is approximately 31 miles South of Tucumcari, NM

All the properties listed on this web site are subject to prior sale, price change, correction or withdrawal. All information was obtained from sources deemed to be reliable, but is not guaranteed by New Mexico Property Group. Prospective Buyers should check all data to their own satisfaction. This Web Site is the property of New Mexico Property Group. New Mexico Property Group is the transaction broker for these properties. As the transaction broker, we are paid by the seller. The buyer is responsible for verifying all information with the county. The Property is being sold with no warranties either expressed or implied as to the location, condition, accessibility, or other information contained in this listing. Sizes are approximate. Buyers are required to perform all due diligence prior to offer. By offering you are acknowledging that you have completed all due diligence and that you understand legal commitment to purchase.