Agricultural Farmland with Irrigation Water
For Sale
$299,000
Lemitar Farm, Lemitar, NM 87823
LAND - Lemitar, NM
Property SizeContact for details
Lot Size38.84 Acres
Days on Market493
Property Features for Lemitar Farm
General Information
Property type
Land
Property subtype
Other
Zoning
Out of MLS Area
Zoning description
AP
Lot features
Acreage
Directions
Lemitar exit. South on frontage road to sign
Subdivision
620 - North Socorro
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 Agency:
Coldwell Banker Legacy · Coldwell Banker Real Estate
(505) 865-5500
Listed By:
Mary E Saul · License #32622
(505) 480-3342
Added: Apr 4, 2025
Changed: Aug 1
Last Checked: Aug 9 at 4:06AM
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.
Agricultural farmland totaling 38.84 acres, offered as a cleared, leveled-ready property. The farm includes MRGCD irrigation water rights and has 31 +/- shares of conservancy water rights. Water is listed as private and well, with septic tank serving wastewater needs.
A designated homesite area is included, with power located on a paved county road 91. The property is just north of the Escondida exit and close to Escondida Lake, with access via the paved county road and proximity to Socorro and local amenities.
The land has been cleared of brush and trees and is ready to be leveled for planting, supporting development tailored to a new owner’s use plans. The zoning is listed as “Out of MLS Area.”
A designated homesite area is included, with power located on a paved county road 91. The property is just north of the Escondida exit and close to Escondida Lake, with access via the paved county road and proximity to Socorro and local amenities.
The land has been cleared of brush and trees and is ready to be leveled for planting, supporting development tailored to a new owner’s use plans. The zoning is listed as “Out of MLS Area.”
Key Highlights
- 38.84‑acre farm cleared of brush and trees, ready to be leveled for planting
- Includes MRGCD irrigation water rights plus 31 +/- shares of conservancy water rights
- Homesite area with power located on paved county road 91
Property Analytics
Current Use
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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Frequently Asked Questions
What type of property is this?
Agricultural land / Farmland - 38+ acre cleared farm with conservancy irrigation water shares and a homesite area with power on 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 cleared of brush and trees, ready to be leveled for planting; Includes MRGCD irrigation water rights plus 31 +/- shares of conservancy water rights; Homesite area with power located on paved county road 91
