2550 Veater, Truth or Consequences, New Mexico
Paxon Farm in Truth or Consequences, NM is a rare opportunity to own 44.67± acres of land with 1,338’± of Rio Grande River frontage. This clean and productive farm features 39.5± irrigated acres with pre-1905 senior water rights, pumped directly from the Rio Grande, providing exceptional water access year in and year out.
Residential improvements include an owner’s home, guest home and manager/income home. The owner’s home is 4,360± sq. ft., 3 bedroom, 3.5 bath with an office space. The home has main living quarters on the ground floor with a large master bedroom, large kitchen, dining room, den, living room, office and laundry room. The upstairs is set up as an attached casita with a full kitchen, 2 large bedrooms, 2 bathrooms, large living room and extra large exterior deck with exceptional river and mountain views. This home is very well appointed and extremely comfortable.
The guest home is a 2,300± sq. ft, 3 bedroom, 2 bath with an attached 2 car garage. The bedrooms are extra large with very large closets and the kitchen is spacious and opens to the generous living room. This home is also very well appointed and extremely comfortable.
The third residence is a double-wide mobile home currently used as an income source with a long-term, very reliable renter. The rental contract is optional and could be continued for a new owner.
A 56′ x 36′ x 18′ pole barn for hay and equipment storage along with a round pen, arena, and horse corrals complete the equestrian and agricultural components of the farm.