This exceptional 295+/- acre irrigated farm and feedlot spans two parcels and includes a 4-bedroom, 2-bath home with a wrap-around porch, mature landscaping, and a finished basement. Designed for cattle and hay operations, it features an 800-head feedlot, pipe roping arena, tack shed, irrigated grass trap, grain bins, a 120' x 65' hay shed (2023), calving barn, small platform scale, and 2,040 sf shop. The feedlot includes six pens, auto waterers, a hydraulic chute, cattle scales, and a semi-loadout. The North Farm has 130 acres, 119 pivot-irrigated, with a 15-acre-foot collection pond, 109 shares each of Catlin Canal and Larkspur Ditch, and both gravity and pump-fed water systems. It produces high-quality alfalfa and grass hay, up to 5 tons/acre annually. The South Farm also totals 141 acres with 100 pivot-irrigated acres, a 10-acre-foot collection pond, 120 Otero Canal shares, Catlin shares can be transferred from the North Farm through a 12'' underground pipeline. Located off paved rd