Mimbres Valley farm for sale!This exceptional 480-acre farm, located in Deming, NM presents a rare opportunity, 319 acres of water rights. Five irrigation wells with drip irrigation, great water quality. The farm is perfectly suited for growing a variety of crops, including onions, chile, alfalfa, corn, lettuce, and cabbage.The Mimbres Valley's rich soil and climate create an ideal environment for agriculture. This farm is well-suited for various agricultural endeavors, from producing high-value specialty crops to maintaining a diversified farming operation. The combination of ample acreage, secured water rights, and existing irrigation infrastructure makes this a compelling investment opportunity.
For sale
$2,600,000
990 New Frontier Dr SW, Deming, NM 88030
--beds
--baths
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Farm
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 349 days |
- 18 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Keith Brownfield 575-640-9395,
BHGRE Steinborn & Associates 575-522-3698
Source: SNMMLS as distributed by MLS GRID,MLS#: 2502231
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Facts & features
Property
Features
- Fencing: Good,Wire,Side
Lot
- Topography: Level
Details
- Parcel number: 3052152401400
- Wooded area: 0
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Farm
Condition
- New construction: No
Utilities & green energy
- Utilities for property: Electric - Available
Community & HOA
Community
- Subdivision: Sunshine Valley Ranchettes
HOA
- Has HOA: No
Location
- Region: Deming
Financial & listing details
- Tax assessed value: $292,329
- Annual tax amount: $2,070
- Date on market: 7/21/2025
- Listing terms: Cash,Will Not Divide
- Exclusions: Yes, Tractors & Empliments
- Has irrigation water rights: Yes
- Electric utility on property: Yes
- Road surface type: Dirt, Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,440/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/17/2025 | Price change | $2,600,000-4.4% |
Source: SNMMLS as distributed by MLS GRID #2502231 Report a problem | ||
| 7/21/2025 | Listed for sale | $2,718,300 |
Source: SNMMLS as distributed by MLS GRID #2502231 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,070 +0.4% | $97,443 +0.6% |
| 2024 | $2,061 +0% | $96,906 |
| 2023 | $2,061 +0.2% | $96,906 |
| 2022 | $2,056 +3% | $96,906 +0.6% |
| 2021 | $1,997 -1.4% | $96,368 +0.5% |
| 2020 | $2,026 +0.2% | $95,846 |
| 2019 | $2,022 +3.5% | $95,846 |
| 2018 | $1,953 -99% | $95,846 +3% |
| 2017 | $193,059 -2.8% | $93,073 +1.2% |
| 2016 | $198,542 | $92,007 |
| 2015 | $198,542 +2.3% | $92,007 |
| 2014 | $194,043 +1.1% | $92,007 |
| 2013 | $191,975 | $92,007 |
| 2011 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 88030
Nearby schools
GreatSchools rating
- 4/10Deming Intermediate SchoolGrades: 6Distance: 12.5 mi
- 8/10Deming High SchoolGrades: 9-12Distance: 13.1 mi
- 4/10Bataan Elementary SchoolGrades: PK-5Distance: 12.7 mi
A local agent can set up tours, give advice and negotiate with sellers.
- New Mexico
- Luna County
- Deming
- 88030
- 990 New Frontier Dr SW

