The HM Quarter Horse Ranch has served as the home of the Hancock Maxon Quarter Horse operation for the past couple decades! The ranch is comprised of 640 acres, situated on the edge of the Badlands overlooking Spring Draw and the Badlands National Park. The ranch is comprised of both native grass pastures and upland cool season hay meadows. A full complement of functional and well kept improvements and water systems round out the property. The ranch features a full compliment of functional improvements, anchored by a charming and tidy, remodeled 1 story ranch house, shops, barns and pens. For the past couple decades, the HM Quarter Horse Ranch has served as the base of operations for the renown Hancock–Maxon Quarter Horse breeding program. TRACT 1; Consisting of 400+/-Ac. Including a full set of improvements and the dwelling, Approximately 50+/- acres are in tame grass hay meadow. Spring Draw and the main well are located on Tract 1. TRACT 2; Consisting of 240+/- Ac. Including 185+/- acres of tame grass hay meadow, the balance native grassland. There is a well located in the NW corner of Tract 2, which is not currently in service. In the event Tracts 1 and 2 sell separately, there shall be a two-year well-share agreement available to the Tract 2 buyer allowing access to the well in Tract 1 serving the waterline.