Address
XXXX Coyote Rd Se / Marana Rd Se, Deming, NM
Price
$ 487,250
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

Property vs Land Average in 88030

Price
AVG $40K
$490K
Taxes
AVG $269
$3,649
Visits
AVG 43
8
Data Provided by Inside Real Estate®

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