735 Wagon Mound Rd Roy, NM 87743
This exceptional 124-acre property in Harding County, New Mexico, presents a unique opportunity for those seeking a blend of rural living, recreational pursuits, and agricultural potential. Located just west of Roy on NM-120, the land features 110 acres of fenced pasture ideal for livestock and horses, complemented by an additional 14 acres fenced for the home and barn area. The gently rolling terrain offers stunning views of the New Mexico countryside. The property includes a 2,100 square-foot home built in 2017, boasting an open floor plan, three spacious bedrooms, two full bathrooms, and stylish vinyl plank flooring. Central heating and air conditioning ensure year-round comfort. A 24' x 26' covered front porch provides a perfect spot to enjoy the peaceful ambiance. A 40' x 42' three-sided barn offers ample storage for hay, feed, and equipment. Harding County is renowned for its abundant wildlife, including elk, mule deer, antelope, quail, and wild turkey, making this a prime location for hunting enthusiasts. Nearby attractions include Mills Canyon, the Kiowa National Grasslands, and Ute Lake State Park (75 miles south). This property offers endless possibilities, from ranching and hunting to a peaceful retreat, all while enjoying easy access to Roy and the charm of Harding County. The asking price is $599,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.