County Land Guide · FIPS 35029
Land in Luna County, New Mexico
County at a Glance
| Per-acre price range | $500 – $2,000 |
|---|---|
| Mill levy | 15 mills |
| Tax sale month | — |
| Auction vendor | NM Tax & Revenue PTD |
| Deed deposit | $0 |
| Tax due dates | — |
| Lien sale format | — |
| Redemption period | — |
| FIPS code | 35029 |
The Land Market in Luna
Luna County is a high-desert region in southwestern New Mexico, with Deming as its county seat. Located on I-10 between Las Cruces and Tucson, the area is known for its chile pepper production and rockhound collecting (Rockhound State Park). Per-acre prices are among the lowest in the Southwest, with raw desert parcels available for under $500/acre. The Florida Mountains provide a dramatic backdrop. Water depth is the key consideration — wells can run 300-800 feet deep in this area.
Tax Lien & Deed Investing in New Mexico
New Mexico is a hybrid state — counties sell tax lien certificates to the state, which then offers them to investors. The interest rate is set by the state (typically 9-10%). The redemption period is 2 years for residential and 3 years for commercial/raw land. Tax sales are held within 90 days of January 1. New Mexico's process is less competitive than Arizona or Colorado, which can mean better opportunities for patient investors.
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