Hi Lo Spring Ranch - Union County, New Mexico

$989,000

The iconic Hi Lo Spring Ranch is 756 acres of rich grassland, set in the beautiful hill country of northeastern New Mexico located in the shadows of Sierra Grande, the largest single mountain in the United States (in circumference at the base). An estimated $250,000 of State Certified Water Rights from the largest freshwater spring in Northeastern New Mexico is included and an additional $40,000 in electric line allowance and $5000 for rainbow trout stocking creates tremendous value for the land. Premier summer pasture with blue gramma grass. Approximately 30 acres of irrigated alfalfa and a strong solar water well on opposite side of property. Could easily be a showplace for wetlands restoration and outdoor recreation. Wildlife consist of antelope, mule deer, elk, quail, bobcat, coyotes, and occasional mountain lion.

A terrific building site has spectacular vistas and the tra...

A terrific building site has spectacular vistas and the tranquility of being in your own world, overlooking the 1/3 acre pond, natural spring wetland and irrigated pasture. Only 35 minutes from Clayton and 45 minutes from Raton. Des Moines is an easy 10 minutes away. Property is one of a kind and a unique opportunity for the right buyer!

The centerpiece of the property is a 1/3-acre developed spring, a live water feature that has historically held trout and irrigates a 30 acre pasture adjacent. The spring originates at a smaller pond which then forms a stream to the larger, 1/3 acre pond. The pond is nestled into a small valley surrounded by rolling hills and rock outcroppings. The irrigated pasture offers some farming revenue opportunities and also serves as an ideal food plot for the area game.

HUNTING

Located in GMU 58. A perennial herd of antelope roam the land and 4 landowner antelope tags were issued for 2019. Deer and elk hunting are over the counter. A group of elk have made the property home since 2020.

WATER

46.37 acre feet of transferrable water rights are deeded and will convey with the land. A working solar well provides a domestic water source as well as game and livestock water.

VEGETATION

Vegetation consists of numerous grasses such as hairy grama, black grama, sideoats, grama, and bluestem which are excellent for cattle and horses.

GRAZING

The ranch is currently has a seasonal grazing lease. The ranch is summer grazing and could sustain 50-60 head for the season.

HI LO COUNTRY

The ranch sits in the heart of the historic Hi Lo country, made famous by a book by Max Evans and a movie by the same name. Many of the locations and characters in the book have ties to the Hi Lo Spring Ranch. "They were two cowboys out of the New Mexico dust. Cowpunchers and manpunchers, they hit hard, lived raw, and rode the beautiful Hi-Lo country as best friends and comrades. Until one night, when they fell in love with the same woman -- a beautiful, irresistible, married woman."

LOCATION

The ranch is located 45 miles east of Raton, NM and Interstate 25. The access is year round, located less than 2 miles off NM 87, the ranch is accessed by a well-maintained county road. The property is situated 16 miles to the south of the Colorado border and 46 miles west of the Oklahoma and Texas state lines.

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