Unrestricted Ranch with
For Sale
$1,500,000
178 Mustang Loop, Pie Town, NM 87827
The ranch combines deeded acreage with a state lease, a furnished residence, workshops, and RV facilities.
Property Size27,878,400 SF
Price / SF$0.05
Days on Market51
Property Features for 178 Mustang Loop
General Information
Standard status
Active
Size
27,878,400 SF
Property subtype
Farm / Farm
Taxes and HOA fees
Annual Taxes
$469
Amenities
No
Fenced
Barbecue, RV Hookup
Listing Agency:
Catron County Realty
Listed By:
Jennifer Lee · License #REC-2025-0302
(928) 245-7454
Source:
Compass
Added: Sep 14
Changed: Nov 1
Last Checked: Nov 1 at 3:31PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Catron County Realty
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Investment Insights
Based on property information with market context.
This ranch includes 160 deeded acres and a 480-acre New Mexico State Lease supporting 45 AUMs. A furnished 2022 Soltaire manufactured home measures 16x64 feet and has two bedrooms and two bathrooms. Outbuildings include three metal workshops measuring 20x30, 20x30, and 30x40 feet, plus an electrically equipped shipping container with two freezers. The property also has two RVs and four RV hookups.
The landscape features rolling hills and native grasses. Two dirt tanks and a well are located on the state lease, with water plumbed to the residence and multiple points across the property. The ranch is registered with the E-Plus Program, which provides one landowner tag and eligibility to apply for a draw tag.
The landscape features rolling hills and native grasses. Two dirt tanks and a well are located on the state lease, with water plumbed to the residence and multiple points across the property. The ranch is registered with the E-Plus Program, which provides one landowner tag and eligibility to apply for a draw tag.
Key Highlights
- 160 deeded acres plus a 480‑acre New Mexico State Lease supporting 45 AUMs
- 2022 furnished 16x64‑foot home with two bedrooms and two bathrooms
- Three metal workshops: 20x30, 20x30, and 30x40 feet
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Location Intelligence
Demographics for 87827, NM
354
Population
353
Households
1
Avg Household Size
64
Median Age
100%
High-School Grad
393.8 sq mi
ZIP Area
1
Density / Sq Mi
$105,924
Median Household Income
$245,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Ranch - The ranch combines deeded acreage with a state lease, a furnished residence, workshops, and RV facilities.
Where is this ranch located?
The property is located at 178 Mustang Loop Pie Town, NM.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 160 deeded acres plus a 480‑acre New Mexico State Lease supporting 45 AUMs; 2022 furnished 16x64‑foot home with two bedrooms and two bathrooms; Three metal workshops: 20x30, 20x30, and 30x40 feet
