Flat Acreage with Acequia
For Sale
$165,000
Roybal, Rio Lucio, NM 87553
LAND - Rio Lucio, NM
Property SizeContact for details
Lot Size2.90 Acres
Days on Market680
Property Features for Roybal
General Information
Property type
Land
Property subtype
Other
Zoning description
County
Elementary school
Penasco Elementary
Middle school
Penasco Middle School
High school
Penasco High School
Directions
Off Hwy 75 in Rio Lucio (near Penasco, NM) - Roybal Rd to property on right. See sign.
Standard status
Active
APN
1066134358010
Lot size
2.90 Acres
Taxes and HOA fees
Tax Description
Section 25 Township 23N Range 11E 2.907 +_ acres Part of Tract 58Map5Survey15 Tract B Quad3
Legal Description
Section 25 Township 23N Range 11E 2.907 +_ acres Part of Tract 58Map5Survey15 Tract B Quad3
Listing Agency:
Realty One Enchanted Circle
(505) 883-9400
Listed By:
Irene Cordova · License #50837
(575) 613-0671
Added: Sep 30, 2024
Changed: Jun 5
Last Checked: Aug 10 at 6:06AM
MLS# 202404287
Copyright © 2026 Santa Fe Association of REALTORS®, Inc. 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 for-sale land parcel offers approximately 2.9 acres of flat terrain in Rio Lucio. The property includes acequia water rights, and community water is described as nearby. Electricity is noted as being nearby as well, with the understanding that a septic system must be installed if a structure is built.
The site is described as having easy access off NM-75 on Roybal Road. It is also positioned to take in views of Jicarita Peak, and the surrounding area is characterized by quiet, rural living.
The combination of flat ground and water-related features can be a practical fit for buyers looking for space for outdoor use such as gardening or raising livestock, subject to their intended build plan. As development planning will require on-site septic installation, prospective buyers may want to confirm site conditions and permitting requirements before moving forward.
The site is described as having easy access off NM-75 on Roybal Road. It is also positioned to take in views of Jicarita Peak, and the surrounding area is characterized by quiet, rural living.
The combination of flat ground and water-related features can be a practical fit for buyers looking for space for outdoor use such as gardening or raising livestock, subject to their intended build plan. As development planning will require on-site septic installation, prospective buyers may want to confirm site conditions and permitting requirements before moving forward.
Key Highlights
- Approximately 2.9 acres in Rio Lucio with easy access off NM75 on Roybal Road
- Property includes acequia water rights
- Community water is nearby (no need to drill a well)
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Yes
Water rights
Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
Explore this area
Business Placement
Demographics for 87553, NM
1,023
Population
634
Households
1.6
Avg Household Size
44
Median Age
15%
College-Educated
87%
High-School Grad
11.9 sq mi
ZIP Area
86
Density / Sq Mi
$44,219
Median Household Income
$34,231
Median Earnings
$956
Median Rent
$200,300
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Agricultural land / Farmland - Flat 2.9-acre parcel in Rio Lucio with acequia water rights and nearby community water connection potential.
Where is this agricultural land / farmland located?
The property is located at Roybal Rio Lucio, NM.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Approximately 2.9 acres in Rio Lucio with easy access off NM75 on Roybal Road; Property includes acequia water rights; Community water is nearby (no need to drill a well)
