Farm To Market Rd, Socorro, NM, 87801
About This Home
Discover 38 acres of irrigated land located approximately 9 miles south of Socorro on Farm Market Road. This productive acreage offers multiple access points from Camino Luis Lopez and Farm Market Rd, with power and community water available from both the west and south boundaries.Situated within the benefited area of the Middle Rio Grande Conservancy District (MRGCD), the property is eligible for MRGCD irrigation rights upon execution of a water service contract. Nearly the entire tract is irrigable, except for a small portion on the west side of Tract 17A2. A concrete ditch easement continues to serve the Jones property, supporting efficient water delivery.As an added opportunity, the buyer will receive the first right of refusal to purchase the remaining Jones acreage. Including the Home.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Type & Style
- Home type: SingleFamily
- Property subType: Farm
Property
Details
- Parcel number: R00721
- Zoning description: R-1
Features
- Topography of land: Level
Lot
- Lot size: 38 Acres
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
- Inland Flooding
- Lightning
- Hail
- Winter Weather
- Drought
- Earthquake
- Ice Storm
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Socorro County and New Mexico
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,098 | $25,176 |
| Home Insurance * | $347 | $4,164 |
| Property Taxes | $200 | $2,400 |
| Electricity | $148 | $1,780 |
| Total | $2,793 | $33,516 |
Income You'd Need if You Spent...
New Mexico FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-28 | Listed for sale | $415,000 |
View on Zillow