Listing Agency: Coldwell Banker Legacy · Coldwell Banker Real Estate B***@Cblegacy.com Show Phone

Listed By: Mary E Saul · License #32622 Show Phone

Added: Apr 4, 2025 Changed: Aug 19 Last Checked: Aug 29 at 11:06AM

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MLS# 1081410

Copyright © 2026 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 38.84-acre agricultural property in Lemitar has been cleared of brush and trees and is positioned for leveling and future planting. MRGCD irrigation water rights are included, along with approximately 31 shares of conservancy water rights. A well and septic tank are identified for the property, and power is available at the homesite area.

Access is provided by paved County Road 91. The tract is just north of the Escondida exit, near Escondida Lake, and within reach of Socorro and local amenities. The property is classified with zoning listed as Out of MLS Area.

Key Highlights

• 38.84‑acre farm property in Lemitar
• MRGCD irrigation water rights included
• Approximately 31 shares of conservancy water rights

Property Analytics

Current Use

Agricultural land / Farmland

Lease Details

Yes

Highway access

Yes

Paved road access

Yes

Water rights

Location Intelligence

Trade Area within ½ mile

21

Businesses Nearby

Explore this area Business Placement

Demographics for 87823, NM

589

Population

372

Households

1.6

Avg Household Size

47

Median Age

26%

College-Educated

83%

High-School Grad

47.7 sq mi

ZIP Area

12

Density / Sq Mi

$90,707

Median Household Income

$44,500

Median Earnings

$135,500

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this agricultural land / farmland located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Agricultural land / Farmland - Cleared farmland with water rights, a powered homesite area, and access from a paved county road.

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: 38.84‑acre farm property in Lemitar; MRGCD irrigation water rights included; Approximately 31 shares of conservancy water rights