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Agricultural Land for Sale in Portales, New Mexico

638 Nm Highway 236, Portales, NM 88118

$1,670,000
321 acres
Active
Est $11,517/mo

Exceptional Irrigated Farm in Roosevelt County, New Mexico This well-managed farm offers a strong agricultural setup with two irrigated circles: one 120-acre field typically planted in rye and wheat, and a 109-acre circle currently in its third year of producing high-quality alfalfa. The property includes two residences, an indoor pool with hot tub, two well-equipped shop buildings, and an additional enclosed storage barn featuring a dirt floor and cement footersideal for future concrete installation if desired. The farm consistently yields excellent crops. The alfalfa hay regularly tests above 200 RFV (Relative Feed Value), and the green chop wheat performs well as a silage crop. The main shop is outfitted with two beams and rolling chain hoists, while the secondary barn features a cable-operated lift system for accessing the mezzanine storage area. Corral pens are available at two locations, suitable for working cattle. All irrigation sprinklers are equipped with AgSense panels, allowing for remote monitoring and control via a smartphone appoffering both convenience and efficiency. This is a thoughtfully designed and productive operation. Contact your Realtor today to schedule a showing.

Location

Street address
638 Nm Highway 236
Elevation
4,094 feet
Coordinates
34.2444, -103.5242

Property details

Acreage
321.46 acres
MLS #
NMMLS 20253033
Posted

Property taxes

2025
$1,423

Details and features

Listing

Type
Farm
Subtype
Ranch

Exterior

Parking
Carport
Features
Irrigation

Listing history

DateEventPriceChangeSource
May 29, 2025New listing$1,670,000NMMLS
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This 321.46-acre property is located at 638 Nm Highway 236 in Portales, NM 88118. The property is available for sale for $1,670,000 with a price per acre of $5,195.

Checked 1 hour ago — Updated

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