Spear L Ranches

NM
Buyer/Broker: Buyer Broker
Offered at: $780,000
Description:

Spear L. Ranches is located approximately 10 minutes drive from Maxwell and I-25.  The property lays north of the Maxwell National Wildlife Refuge.

This 624+- acre ranch has supported 100 cows for the 2014 growing season, during the worst of the drought with minimal supplementation.  This unusually high carrying capacity is due to the sub-irrigated pastures bordering lake 11.