Central New Mexico farm for sale with permitted water rights. Located in Torrance County in the Estancia Valley just 40 miles southeast of Albuquerque NM. 238.87 acres with 600.25 acre/feet permitted water rights. Farm has 2 irrigation wells, 18 flood risers for flood irrigation, 1 domestic well. Condition of wells unknown. Farm is located off Hwy 41 between Estancia and Moriarty, just minutes south of I-40. This Estancia Basin farm has historically been a pinto bean and alfalfa farm and cattle ranch. An old farmhouse on property is currently non live-able but could be with a lot of work. Includes shop, hay barn, wood corral with loading chute, pond and gravel pit. Owner financing offered. AG New Mexico and Farm credit financing possible.