NOT LISTED FOR SALE

688 S Rr 8 Portales, NM 88130

Estimated Value: $142,000 - $314,000

3 Beds
2 Baths
-- Sq Ft
2,173 Acres

Last Sold October 22, 2024

Current estimated payment $1,325/month

182 Days on Market

Highlights

  • Barn
  • Corral
  • No HOA
  • Lindsey-Steiner Elementary School Rated A-
  • 2,173 Acre Lot
  • Shed

About This Home

As of October 2024

Welcome to this exceptional irrigated farm in Roosevelt County! This property boasts 2173 +/- acres of prime land, including 1470 +/- irrigated acres, and 28 electric wells efficiently producing 4035 +/- GPM, providing an impressive 2.27 +/- GPM per irrigated acre. Currently growing on this farm are 240 +/- acres of lush alfalfa, 420 +/- acres of nutritious wheat, and 780 +/- acres triticale. Benefit from a USDA base covering wheat, corn, peanut, oat, and green sorghum to ensure stability and profitability in your agricultural pursuits. The farm’s headquarters feature a newly remodeled 2539 +/- square-foot brick home, providing comfort and convenience for you and your family. Additionally, there’s ample storage space with a large 60' x 80' barn, livestock pens, and a loading chute. Equip yourself with essential machinery, including an MC grain dryer, steel water tank, 2 concrete cone bottomed grain systems, multiple poly tanks, and numerous on-site fuel tanks. The property includes a 3600 +/-square-foot Quonset barn and a 10,000 +/- square-foot hay barn, providing ample storage.

Last Agent to Sell the Property

Tara Bonestroo

Clift Land Brokers License #REC-2023-0388 Listed on: 03/05/2024

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $53,094

Lot Details

  • 2,173 Acre Lot
  • Fenced
  • Level Lot
  • Irrigation

Home Design

  • Farm

Utilities

  • Electricity To Lot Line
  • Well

Additional Features

  • Shed
  • Barn
  • Corral

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 400000000109989 (more in Associated Documents)

Property Details

Property Type

Other

Est. Annual Taxes

$53,094

Lot Details

0

Listing Details

  • Directions: From Portales, head SE on NM 88 for 10 miles. Exit E on S. RR Rd 8. Continue East for 4 miles and farms are to the North.
  • Reso Property Sub Type: Farm/Ranch w/Residential
  • Prop. Type: Farm
  • ResoLotFeatures: Sandy, Irrigation
  • ResoSpecialListingConditions: Arm Length Sale (Unrelated Parti
  • Reso Other Structures: Barn(s), Corral(s), Shed(s), Warehouse
  • Special Features: VirtualTour
  • Property Sub Type: Other

Exterior Features

  • Fencing: Fenced
  • Acres: 2173
  • Topography: Level

Garage/Parking

  • Parking Features: Garages/Carports

Utilities

  • Electric: On-Site
  • Sewer: On-Site
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 94655880
  • ResoLotSizeUnits: Acres
  • Parcel #: 400000000109989 (more in Associated Documents)
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

  • Building Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 53094.36

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2024 10/22/24 Sold -- -- --
09/03/2024 09/03/24 Pending -- -- --
03/05/2024 03/05/24 For Sale $6,000,000 -- --
Source: New Mexico MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,503 $235,366 $18,842 $216,524
2024 $1,503 $69,259 $2,168 $67,091
2023 $1,503 $67,819 $2,144 $65,675
2022 $1,411 $64,256 $1,688 $62,568
2021 $1,379 $62,867 $1,607 $61,260
2020 $1,353 $61,551 $1,396 $60,155
2019 $1,327 $60,271 $1,190 $59,081
2018 $1,302 $59,030 $991 $58,039
2017 $1,275 $57,825 $798 $57,027
2016 $1,218 $55,051 $755 $54,296
2015 $1,227 $55,051 $755 $54,296
2011 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tara Bonestroo

    Seller's Agent in 2024

    Tara Bonestroo

    Clift Land Brokers

    (806) 535-9414

    20 Total Sales

    Tara Bonestroo
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Map

Source: New Mexico MLS

MLS Number: 20243741

New Mexico MLS

APN: 400000000109989

New Mexico Roosevelt County Portales 88130

688 S Rr 8, Portales, NM

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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