143 acres in Eddy County, NM

Offered for sale is the Bindel Farm consisting of 143+/- water rights surface acres which is located 3 miles from the Carlsbad city limits on the south sides of Wood Ave. Farming operations consist of a 13-acre pecan orchard, total yield from 2023 crop was 28,186 lbs, 2024 crop was 10,500 lbs and are harvested by Calvani Pecan Co. The owners crop share with Bar W Farms and the alfalfa yielded 259.94 tons from 84.07 acres in 2024, 27 acres in cotton in 2024 with 45 acres in 2023 and currently has approximately 26 fallow acres. Will be sold with 143 acres of irrigation rights from the Carlsbad Irrigation District with the Pecos River supplying water and comes with 143 acres of supplement well water rights having a 1946 priority date and capable of pumping approximately 4500 gpm. Can be purchased with or without the 17 acre residential parcel (see MLS #20255348), total list price for all 160+/- acre farm is $2,225,000. This is a wonderful opportunity to obtain a remarkable piece of property just outside of Carlsbad with Pecos River access (if purchased with residential parcel) and income potential from farming operations. Call for more information or your favorite realtor to schedule an appointment to see 2013 E. Wood Avenue!