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    735 Wagon Mound Rd Roy, NM 87743

    • Land
    • 124.00 lot acres
    For Sale
    View listing
    $599,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 735 Wagon Mound Rd

    Lot size
    124.00 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Roy
    County
    Harding
    State
    New Mexico
    Longitude
    -104.147
    Latitude
    35.8969

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    • $599,000
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      Picturesque 80-Acre Ranch Property

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    Roy, NM 87743
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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