735 Wagon Mound Hwy 120, NM 87743
Active

Ranch

735 Wagon Mound Hwy 120, NM 87743

Other County, NM 87743

$495K

$4,091 per acre

Total Acres

121 acres

Price per Acre

$4,091

Location

Other County, NM

Property Photos

65 photos from the MLS

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About This Property

Roy Rancho - A View Worth Living For Step out your back door and into a panorama of endless blue skies, rugged mesas, winding canyons, and distant mountains. Discover the peace and freedom of wide-open spaces with this beautiful 3-bedroom, 2-bath home set on a permanent foundation and nestled on 127 acres just outside Roy, NM. This well-maintained home features a metal roof, a 40' x 40' x 18' metal shop, new boundary and interior fencing, and newly cut interior roads for easier access. Enjoy the views from the Trex composite deck or large covered porch. Just minutes from Conchas and Ute Lakes and about an hour from skiing, hunting, and more.

MLS# 25-6795 · Listed by United Country Real Estate/Caprock Properties & Auction · Dana Petty

Evaluating This Property

Use this checklist on 735 Wagon Mound Hwy 120, NM 87743 before you write an offer. Taylor walks buyers through the same fundamentals on every serious Panhandle ranch.

Water

Confirm stock tanks, wells, windmills, creeks, and drainage. In the Panhandle, water reliability drives both daily use and long term value.

Terrain

Match rolling mesa country, draws, creek bottom, or open grassland to your plans for cattle, recreation, or a mixed use ranch.

Access

Review county road frontage, deeded easements, gates, and interior roads. Weak access slows operations and can affect resale.

Fencing

Estimate perimeter and cross fence condition in miles, not feet. Rebuild costs add up fast on large Panhandle tracts.

Improvements

Price homes, barns, pens, blinds, and feeders against what you will keep versus replace after closing.

Neighboring Land

Look at adjacent use, boundary clarity, and shared infrastructure. What neighbors do affects habitat, privacy, and operations.

Minerals and Easements

Confirm what transfers with surface ownership and whether pipelines, power lines, or other easements cross the ranch.

County Context

Compare price per acre to recent sales in the same county with similar water and improvements. Acreage is not priced equally block by block.

Exclusive to Cox Land & Ranch

Fly This Property Before You Offer

At 121 acres near Other County, NM, ground tours only show part of the story. Taylor can arrange a helicopter tour for qualified buyers to survey this property from above.

From the air you will see terrain, water, fencing, access roads, and neighboring context. That clarity helps you decide faster and write a cleaner offer when the ranch is the right fit.

No spam, ever. We will reach out within one business day.

Due Diligence

Questions to Ask Before You Offer

Bring these to your conversation with Taylor and the seller. Solid answers reduce surprises after contract.

What water sources are included and how reliable are they through dry years?
Who owns minerals and are any leases or production active on the property?
What is the condition of perimeter and interior fencing in miles?
Are there deeded easements, shared roads, or access restrictions?
Which improvements are included and when were major systems last serviced?
Why is the seller moving now and how long has the ranch been on market?
Has the property been surveyed recently and do boundaries match the legal description?
What do neighboring landowners do that could affect your use of this ranch?

Beyond the Purchase

Related Cox Land & Ranch Services

Buying is one step. These services help you operate the ranch or share ownership after closing.