Causey, NM 88113 - Roosevelt County

This well-maintained ranch offers strong revenue potential, quality fencing, and reliable water access. Located just west of Stegall, Texas, across the state line, this property provides flexibility for both income generation and agricultural use. With a combination of CRP payments and grazing/haying opportunities, it is well-suited for an investor or producer looking to maximize returns while maintaining operational flexibility.

Spanning 681.03 total acres, the property includes multiple CRP contracts:

242.61 acres under a General CRP contract, expiring in 2033, generating $11,053 annually ($45.56/acre)

216.93 acres under a General CRP contract, expiring in 2033, generating $10,128 annually ($46.69/acre)

60.35 acres under a Grasslands CRP contract, expiring in 2033, generating $905 annually ($15.00/acre)

Additionally, a 147.33-acre grass block has been enrolled in the forage drought insurance program, averaging $30.50 per acre in payments over the last two years, equating to approximately $4,493.56 per year. Altogether, this property generates $22,086 annually in CRP income, with the potential for additional revenue from managed grazing under CRP regulations.

Improvements include:

Over five miles of high-quality permanent barbed wire fencing, installed approximately five years ago and in excellent condition

A stock water well with power in place, test-pumped and cased, awaiting pump and meter loop installation

A small dirt tank centrally located on the property

This property presents an exceptional value for the region, offering strong revenue potential and depreciable improvements. Comparable properties across the state lineoften with fewer improvementsare trading in the $1,000 to $1,200 per acre range. This is a unique opportunity to secure a well-managed property with multiple income streams, quality infrastructure, and lower property tax burdens.

Disclaimer: The information provided has been obtained from the owner and other reliable sources. However, Clift Land Brokers and the owner make no warranties or guarantees regarding the accuracy of the data. Prospective buyers are encouraged to verify all information through independent investigations.

Clift Land Brokers represents the Seller. Buyers Agents must be identified upon first contact and must accompany any prospective buyers during all property showings.