449 E 11th St , Lake Arthur, NM 88253(Chaves County)

40 Acre Pecan Orchard

For Sale: 40-Acre Pecan Orchard with Water Rights near Lake Arthur, NM

Discover a prime agricultural opportunity with this 40-acre pecan orchard, ideally located near Lake Arthur, New Mexico. This productive property boasts 38.6 acres of Senior Shallow Artesian water rights, ensuring reliable irrigation through three dedicated wells, all tied into an efficient sprinkler system. The orchard has a proven track record, yielding a 6-year average of 43,061 total pounds of pecans annually. If you take out the two loss years, covered by insurance, the orchard would have a 4 year average yield of 54,963 pounds or 1,659 pounds per acre, making it a very attractable operation. *Due to the continuing drought conditions lessening water supply, the owners of the is property have elected to focus watering on approximately 20 acres of the orchard.

Included on the property is a modest home, perfect ...