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215 Red Hills Rd, Hatch, NM, 87937

--beds
--baths
--sqft
$2,350,000
--price/sqft
$14,517/moest. monthly cost
$580,680/yrincome needed

About This Home

Prime 127.887-Acre Pecan Farm in Hatch, NM - The Chili Capital of the World.Discover a rare opportunity to own a large, productive farm in the heart of Hatch, New Mexico - renowned for its fertile soil and agricultural heritage. This exceptional farm spans 127.887+/- acres, divided into six parcels, and is ideally suited for those looking to expand or establish a thriving agricultural operation.The property includes 84+/- acres of pecan trees. Additionally, 35+ acres of open ground have been prepped and are ready for planting more pecan trees, offering plenty of room for expansion. There are also 9 acres of open ground that are ideal for row crops, allowing you to take advantage of Hatch's perfect growing conditions.Water resources are abundant with underground and surface water rights through the Elephant Butte Irrigation District (EBID). The farm also features two irrigation wells, with primarily concrete ditches for efficient water management. The infrastructure includes ample space for equipmen

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

2/10
2/10
3/10
Hatch Valley High SchoolGrades 9-122.3 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Farm

Property

Details

  • Parcel number: 3018110080250

Features

  • Topography of land: Cleared,Level,Laser Leveled

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Drought
    DroughtRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Drought
Inland Flooding
Lightning
Winter Weather
Cold Wave
Heat Wave

FEMA Declared Disasters in Doña Ana County and New Mexico

Fire
Flood
Mud Landslide
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $11,882$142,584
Home Insurance *$1,234$14,808
Property Taxes $1,253$15,036
Electricity $148$1,780
Total$14,517$174,204
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$497,725/yr
40% on housing$435,510/yr
45% on housing$387,120/yr

New Mexico FAIR Plan Programs

New Mexico Property Insurance Program

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,506Commercial: 306
Total Premiums$5.96M
Total Exposure$950.67M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 87937$98
Doña Ana County$168

vs Homes Sold Last Month

Median $/sqft

ZIP 87937$167
Doña Ana County$182

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-06-18Price change$2,350,000
2025-01-29Price change$2,450,000
2024-09-05Listed for sale$2,550,000

For Sale by Agent

AgentKaley M Salopek
BrokerageUnited Country Salopek Realty

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