Lemitar Farm Lemitar, NM ^$ 380,000

Lemitar Farm

^$ 380,000

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Lemitar Farm

Lemitar, NM, 87823

^$ 380,000

Studio Baths0.0

Monthly Estimate*

^$ 2,371

Lemitar Farm, Lemitar, NM 87823 - Image 1

Lemitar Farm, Lemitar, NM 87823 - Image 2

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Studio

Lots and Land for sale in Lemitar, NM

for $380,000. The lot size is 38.84.

Owner financing! Priced to sell! 38+ acre Farm. Includes MRGCD irrigation water rights. Fantastic mountain views. Homesite area with power located on paved county road 91. Just north of Escondida exit and close to Escondida Lake. Close to Socorro and local amenities. The property has been cleared of brush and trees and is ready to be leveled for planting. Offers a new owner the opportunity to design and develop to suit their needs. There are 31 +/- shares of conservancy water rights.

Lots and Land Active

Price

^$ 380,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 325

Style

Lot Size

38.84

Town/City

Lemitar

County/Region

Socorro

MLS | Web ID

1081410

Features

General

Sewer Septic Tank

Utilities None

Possession Closing & Funding

Topography Level

Township N/A

Current Use Agricultural Unimproved

County Socorro

Property Type Land

Subdivision Name None

Possible Use Agricultural Unimproved

Status Active

Directions Lemitar exit. South on frontage road to sign

City Lemitar

Disclosures RANM 2100 Disclosure

Zoning Description AP

MLS Area 620 - North Socorro

Lot Size Square Feet 1691827

Listing Terms Cash Conventional Owner May Carry

Tax Annual Amount 325

Standard Status Active

Tax Lot N/A

Exterior

Fencing Wire

Lot Features Acreage

Water Source Private Well

Lot Size Acres 38.84

Lot Size Source Public Records

Number of Lots 1

* Excluded Features

List By

Mary E Saul

Listing Agent

Coldwell Banker Legacy

Broker

msaulrealtor@swcp.com

Affordability Calculator

$2,398

Per Month

Monthly Principal & Interest: $2,371
Monthly Property Taxes: $27
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Lemitar, NM

Average List Price ^$161,280

Percent of Sale Price 58%

About Lemitar, NM

309 Population

-1% Since 2002

^$44,650 Median Income

49.04 Median Age

13% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

Pricing History

Date	Price	Price Change	Description
9/16/2025	$380,000		Listed Price

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Lemitar Farm, Lemitar, NM, 87823 is a Lots and Land for sale at $380,000 with a lot size of 38.84. Lemitar Farm is a studio with 0.0 baths. The property's zip code is 87823 which is in Lemitar, NM

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Southwest Multiple Listing Service, Inc.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Southwest Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/6/2025.

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Lemitar Farm

Lots and Land for sale in Lemitar, NM

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