Listing Agency: Realty One of New Mexico, LLC r***@gmail.com Show Phone

Listed By: Hannah Trujillo · License #45900 Show Phone

Source: Xome

Added: Jul 2, 2025 Changed: Aug 28 Last Checked: Jul 17 at 4:44PM

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Investment Insights

Based on property information with market context.

This 9.53-acre irrigated farm includes a residence with three bedrooms, two bathrooms, knotty pine interior walls, a wood-burning fireplace, upgraded windows, and a country kitchen. A 542-square-foot sunroom expands the living area and provides space for gatherings. The home also has a tankless water heater installed in 2020.

Agricultural improvements include alfalfa currently in production, automatic irrigation serving plants and grass around the home, and pre-1907 water rights. Exterior features include a ProPanel roof with gutters, garden area, animal pens, covered hay storage, a garden shed, and a two-room outbuilding with power, plumbing, and insulation. A two-car carport is also included.

Key Highlights

• 9.53‑acre irrigated farm with pre‑1907 water rights
• Alfalfa currently planted on the property
• Residence includes 3 bedrooms and 2 bathrooms

Property Analytics

Current Use

Farms

Location Intelligence

Trade Area within ½ mile

Explore this area Business Placement

Demographics for 87023, NM

560

Population

189

Households

3

Avg Household Size

48

Median Age

7%

College-Educated

84%

High-School Grad

2.6 sq mi

ZIP Area

215

Density / Sq Mi

$25,043

Median Household Income

$20,046

Median Earnings

$153,300

Median Home Value

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Frequently Asked Questions

What type of property is this?

Farm - Working acreage combines alfalfa production with a residence, outbuildings, animal enclosures, and established water infrastructure.

Where is this farm located?

The property is located at 71 Olguin Road Jarales, NM.

What is the asking price?

The asking price for this property is $825,000.

What are key features of this property?

This property features: 9.53‑acre irrigated farm with pre‑1907 water rights; Alfalfa currently planted on the property; Residence includes 3 bedrooms and 2 bathrooms