77 State Rd Texico, NM 88135
This exceptional 640-acre farm in Curry County, New Mexico, presents a unique investment opportunity. Located near Texico, NM, on State Road 77 (zip code 88135), this property boasts certified organic status, a significant advantage in today's market. The land is irrigated by a robust system including four quarter-section sprinklers, supported by seven wells producing an estimated 400 gallons per minute (GPM). Three Zimmatic and one Reinke sprinkler systems ensure efficient water distribution across the entire acreage. Conveniently situated with highway access on two sides, the property offers excellent accessibility. The location within the Texico school district also presents the possibility of building a home. While this listing focuses on the 640 acres, the seller owns an additional 3,520 acres in Curry and Parmer Counties that may be available for purchase separately, presenting a potential for expansion. This combination of size, organic certification, irrigation infrastructure, and location makes this a rare and highly valuable agricultural asset. The asking price is $1,920,000.
Cap rate
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