165.1 Acres of Land for Sale in Estancia, New Mexico

165 acres with 156.3 acres of water rights and easy access off NM HWY 41 between McIntosh and Estancia. Zoned D-2 Major Development District. This property has 2 registered water wells E-00106 is an irrigation well 350 feet deep with 390.75 licensed acre feet of total diversion and E00107 is a Domestic Household well with 2.5 acres feet of permitted water. The property is mostly level with county road access on 2 sides. Electricity and natural gas are along the property boundaries. Buyers should verify water rights with the state engineer. This property has potential for agriculture, development, or investment.