McNeill Ranch

Under Contract

Under Contract ⋆

The McNeill Ranch is in southeast New Mexico and West Texas. The ranch straddles the state line with land in Lea County, NM, and Gaines and Andrews County, Texas. A historic ranch, in the heart of cow county. This property has been in the same family for over a century.  This area is known for its outstanding wildlife and habitat, great ranching opportunities, and alternative revenue streams from surface use associated with mineral development.

  • 16,558 New Mexico Deeded Acres

  • 22,298 Texas Deeded Acres

  • 8,444 NMSLO Grazing Lease

  • 520 BLM Allotment

The ranch has 4 headquarters areas with homes ranging from a modular unit on a permanent foundation to a custom-built brick house. There are pens and barns in several areas throughout the ranch, supplying excellent facilities for livestock sorting, shipping, and management. The major barn and pen facility in the Nadine area is suited for equestrian use, with stalls, an arena, and run areas. The barn has a kitchen, bath, and bunk areas, along with an office. The main home is a 4-bedroom custom-built brick home, with landscaping, and an outbuilding. 

The property has a part under cultivation, with a 10-tower center pivot. There is also a large, covered hay barn, ranch hand home, and shop in this area. The property has developed agricultural rights in the Lea County Basin. 

$50,000,000

The ranch overlays a rich oil and natural deposit, with ongoing development. This results in annual revenue streams from Surface Use Agreements and small tract leasing opportunities. The ranch can move and store water for oil field use. Significant water sales have occurred in the past. 

The ranch has approximately 9,700 acres of sand dune area, with depths ranging from 7’ to 40’+. It is estimated there are approximately 200 million tons of sand on the property. The owner has completed various analyses of the product. 

 More information is available upon request. 

Laura Riley

Qualifying Broker

laura@verderealtors.com
(505) 330-3984

 

For more information

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