$1,495,000

Beautiful pastoral setting about 1 1/2 miles south of San Antonio, New Mexico. Continue farming or look at development potential. 188 acres with almost a mile of frontage on Hwy 85. The property is located about 1.5 miles North of the Bosque Del Apache Wild Life Refuge. Great access to I-25 <5 miles and all paved road! 13.42 Acre feet of pre-1907 Water Rights convey with the property to facilitate development. There is city water nearby and it might be possible to transfer these water rights to the City of San Antonio and have city water for this development. The property is subject to a yr-to-yr farm lease (expires Dec. 31 subject to alfalfa planting). Could conceivably to ag finance on the acreage and continue farming.