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Irrigated Farm with Homesite

Lemitar Farm Lemitar, NM 87823

Lemitar Farm, Lemitar, NM, 87823

$299,000

For Sale

$299,000

LAND - Lemitar, NM

Lot Size38.84 Acres

AddedApr 4, 2025

Days on Market467

Last RefreshJul 14 at 9:06 pm

Property Features for Lemitar Farm

General Information

Property type: Land
Property subtype: Other
Zoning: Out of MLS Area
Standard status: Active
APN: 043307
Lot size: 38.84 Acres

Taxes and HOA fees

Tax Annual Amount: 325

Utilities

Sewer type: Septic Tank
Water source: Private, Well

Listing agent Mary E Saul License #32622

Listing office Coldwell Banker Legacy 1775 Main Street SE, Albuquerque, NM

Listing date Apr 4, 2025

MLS# 1081410 Listing URL

Investment Insights

Based on property information with market context.

This property is a cleared farm totaling approximately 38.84 acres, offered for sale in Lemitar, New Mexico. The parcel includes MRGCD irrigation water rights and 31 +/- shares of conservancy water rights, providing the foundation for agricultural use. A designated homesite area is present with power available, and the land is described as ready to be leveled for planting.

The farm fronts a paved county road (County Road 91), offering straightforward vehicular access. Public remarks note the property is just north of the Escondida exit and near Escondida Lake, with proximity to Socorro and local amenities.

For buyers seeking farmland that is already cleared and supported by irrigation water rights, this site offers a practical starting point for farming operations or planned development around an on-site homesite. The paved road access and utilities at the homesite area can support immediate planning for how the acreage is prepared and utilized to suit the buyer’s intended use.

Key Highlights

38+ acre farm with MRGCD irrigation water rights included
31 +/- shares of conservancy water rights
Homesite area on a paved county road 91 with power available

Property Analytics

Location Intelligence

Current Use by Public Records

Agricultural land / Farmland

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What type of property is this?

Agricultural land / Farmland - Cleared farmland with irrigation water rights and power at a homesite near Escondida Lake.

Where is this agricultural land / farmland located?

The property is located at Lemitar Farm Lemitar, NM.

What is the asking price?

The asking price for this property is $299,000.

What are key features of this property?

This property features: 38+ acre farm with MRGCD irrigation water rights included; 31 +/- shares of conservancy water rights; Homesite area on a paved county road 91 with power available