$1,152,000

This special 25+/- acre property currently farmed with approximately 2500 producing pistachio trees. Strategically located in Chaparral, NM, 5.5 miles north of the TX-NM state line and about 1/4 mile south of 2.2 million acres of Federal land (WSMR). Property is 3.3 miles north of War Highway 213/Highway 404 Intersection (roundabout traffic circle) which is part of the future bypass route around El Paso, TX. Approx 15 minutes from El Paso, 30 minutes from Las Cruces, NM and about 12 minutes to I-10. El Paso's growth will soon reach Chaparral Dona Ana, County (DAC) NM property tax is far lower than those in El Paso which is a major economic driving force here. This property is zoned T2, allowing residential, agricultural, commercial and industrial uses. It is an ideal setting for housing sub-development, greenhouses or transportation and material storage activities, possible related to WSMR or the future bypass. Property is already beautiful, livable desert refuge. NM-OSE appropriated water rights.