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0 Forest Service Rd #450, Grants, NM, 87020

0beds
0baths
0sqft
$340,000
--price/sqft
$2,220/moest. monthly cost
$88,800/yrincome needed

About This Home

Shared/ Seasonal Grazing allotment plus deeded acreage. EL Rito Allotment is 88 +/- deeded acres with a +/- 38,000 acre forest allotment for cattle grazing. The 88 deeded acres has a new well, drinker and electricity. The grazing allotment allows up to 130 head (depending on year) for 6 months grazing located within approximately 20 minutes from Grants accessible by paved roads. Great seasonal grazing opportunity! Vegetation consists of blue gramma, black gramma, western wheatgrass, bottlebrush squirreltail, galleta, and various others. Browses include Winter Fat and Chamiza. Elevations range from 7000-9000 feet on the allotment. On the allotment, spring water is dispersed throughout the ranch to multiple drinkers via a pipeline system and several dirt tanks supplement water availability. The allotment is divided into several pastures and has pens to gather and work cattle. This allotment is shared with another individual. Buyer is buying half the allotment which at this time is for 130 head of cattle each season (can vary year to year). The season is generally June-October and is at the discretion of the US Forest Service. Here's a unique opportunity for a cattle operation in one of the most beautiful, and historic areas of the Southwest.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

6/10
3/10
4/10
Grants High SchoolGrades 9-125.8 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Farm

Interior

Features

  • Finished area above ground: 0

Interior Area

  • Total structure area: 0

Property

Details

  • Lease amount: 0

Lot

  • Lot size: 38,088 Acres

Parking

  • Total spaces: 1
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Lightning
Winter Weather
Cold Wave
Inland Flooding
Wildfire

FEMA Declared Disasters in Cibola County and New Mexico

Fire
Flood
Mud Landslide
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,719$20,628
Home Insurance *$220$2,640
Property Taxes $133$1,596
Electricity $148$1,780
Total$2,220$26,640
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$76,114/yr
40% on housing$66,600/yr
45% on housing$59,200/yr

New Mexico FAIR Plan Programs

New Mexico Property Insurance Program

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,506Commercial: 306
Total Premiums$5.96M
Total Exposure$950.67M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.2%
10.2%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: -1.0%
-1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 87020$98
Cibola County$198

vs Homes Sold Last Month

Median $/sqft

ZIP 87020$111
Cibola County$122

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-02Listed for sale$340,000
2024-08-06Listing removed--
2024-03-01Listed for sale$325,000
2024-01-29Contingent$325,000
2024-01-26Listed for sale$325,000
2023-07-01Listing removed--
2023-04-05Listed for sale$390,000

For Sale by Agent

AgentKevin Branum
BrokerageHayden Outdoors Real Estate

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