Magnificent New Mexico Ranch at the top of Bobcat Pass in Red River, New Mexico. This 720+/- acre ranch is surrounded on three sides by National Forest and contains two sections of National Forest within the borders of the ranch. The property includes 100+/- acre feet of adjudicated 1904 water rights. These rights are valuable and marketable. There were 13 Elk Permits in 2013. (number is determined each year by the State) There is a 1900sf cabin 2BR, 1BA on the property close to the highway.
* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
The Other Residential located at * NM Hwy 38, Red River, NM 87558 is currently for sale.
* NM Hwy 38, Red River is listed for $5,500,000.
This property has 2 bedrooms, 2 full bathrooms, and approximately 2,500 square feet.
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