Property Attributes
- MLS#20240781
- TypeLand
- CountyLUNA
- CityDeming
- AreaNew Mexico Mls
- Zip88030
- StyleFarm/Ranch
- Taxes$ 3649
- Price$ 487,250
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size237 Acres
Data Source:
New Mexico MLS (NMMLS)
Property Description
Discover an exceptional farming opportunity on a total of 237 acres of prime agricultural land, and 241.45 acres of valuable agricultural water rights. There are more water rights than land!!!! This expansive property presents a rare chance to cultivate your agricultural dreams in the heart of Deming. Benefit from four wells strategically placed across the property. Three wells are equipped with pumps and three-phase electrical connections, offering convenience and efficiency for irrigation purposes. Electric lines are conveniently located near two wells, simplifying potential connections. One well is primed for connection to a generator. Take advantage of owner financing available with 30% down payment, 6% interest rate, and flexible terms spanning 10 to 15 years. Financing arrangements will be professionally managed through Legacy Escrow, ensuring a seamless transaction process. Be caution on walking around the wells the ground looks like its caving in.
Price History | |
---|---|
2/12/2024 | Listed $487,250 |
General Features
Sewer | Septic Needed |
---|---|
Utilities | Natural Gas Not Available,Electricity Connected |
Gas Y/N | None |
Electric | Near-Site,Transformer-Existing,Transformer-Needed |
Topography | Level |
Property SubType | Farm/Ranch |
County | Luna County |
New Construction | No |
Property Type | Land |
HOA / Comm Assn | Yes |
Garage Y/N | No |
Status | Active |
Directions | East Hwy 549,South Franklin,East Coyote property is on the corner of Coyote RD SE / Marana RD SE. |
City | Deming |
Buyer Agent Compensation | 3% |
Senior Community Y/N | No |
MLS Area | New Mexico Mls |
Lot Size Square Feet | 10323720 |
Waterfront Y/N | No |
Carport Y/N | No |
Street Name | Coyote Rd Se / Marana Rd Se |
Property Attached Y/N | No |
Tax Annual Amount | 3649 |
Lease Considered Y/N | No |
Standard Status | Active |
Interior Features
Air Conditioning Y/N | No |
---|---|
Heating Y/N | No |
Fireplace Y/N | No |
Living Area Units | Square Feet |
Exterior Features
Water Source | Well,Well-Existing |
---|---|
Lot Size Area | 237 |
Spa | No |
Lot Size Acres | 237 |
Other Parking | Driveway |
Lot Size Units | Acres |
Road Frontage Type | County Road |
Open Parking Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool