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M-M Ranch

Status: New Listing
Price: $9,600,000
Acres: 12,800 +/-
Price Per Acre: $750
Type: Hunting Land, Ranches, Recreational Land, Residential Property, Horse Property
Address: 9123 US Highway 82
City, State: Artesia, New Mexico
County: Eddy
ZIP Code: 88210
Lat/Long: 33.4649798, -94.2510273
Contact: Louis Chipman
Dwelling Sq Ft: 3,700
Bedrooms: 3
Bathrooms: 3.5

Description

Eagle Draw Ranch

We are proud to announce the exclusive listing on a low overhead, working cattle ranch located 13 miles west of Artesia or 7 miles southeast of Hope, New Mexico. This property is accessed off State Highway 82.The M-M Ranch has operated as a cow/calf ranching unit. The stocking rate in this area of New Mexico is approximately 10 to 12 (CYL) per section. The ranch is 12,800 deeded acres.

LAND DESCRIPTION

Elevation on the M-M Ranch is approximately 3,900 feet, with the Cat Claw Draw running through the southern portion and the Eagle Draw running throughout the ranch. Terrain ranges from undulating to rolling rocky grassland.

The M-M Ranch supports a good mixture of native grasses, which are plentiful in the low-lying flat areas of the ranch. Native grasses include black gramma, tobosa and dropseed. Filaree is abundant throughout the ranch. There are some areas of light to moderate mesquite and creosote, cholla cactus and yucca. The Eagle and Cat Claw Draws (riverbeds) have a variety of forage and great habitat for wildlife.

There are a few older oil field locations on the property; however, this production is being phased out, and there is minimal oil field activity on the property at this time. The mineral ownership is included in the sale of the ranch.

WATER FEATURES

M-M Ranch has five water wells developed on the property, three storage tanks, approximately 42,420 feet underground pipeline system servicing eight livestock drinkers. One well is solar equipped, and one is metered electric submersible. The well depths range in depth from 500 to 525 feet. Earthen stock tanks are at various locations on the ranch.

IMPROVEMENTS/RESOURCES

3700 square foot custom home:3 bedroom 3 bath with a bonus powder room ,double formal dining room, kitchen equipped with top of the line appliances, wine fridge, wet bar, hardwood floors throughout, double fireplace, sunroom, breakfast nook.

2700 square foot equipment barn, 512 square foot Bunkhouse. Complete with working pens, loafing sheds, airstrip and hanger.

HUNTING

Good quality desert mule deer and pronghorn antelope call the M-M Ranch home. Scaled quail and dove are on the property.

No Trespassing-Please Contact for Showing. Ridge Tex Realty WELCOMES all Cooperating Agents and Brokers. Cooperating Agents and Brokers must make first contact with Listing Broker or Agent and be present at all showings to fully participate in commission split. The information contained in this advertisement is understood to be accurate and reliable, but it is not guaranteed. Please verify all information before using the information contained in this advertisement for decision-making purposes.

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