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    000 Mustang Rd Truth or Consequences, NM 87935

    For Sale
    $58,000

    Elephant Butte Lakefront Land - Stunning Views

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 5.66-acre land parcel presents a unique opportunity for development or personal enjoyment in the desirable Lakeshore Highlands area. Located at 000 Mustang Road, Elephant Butte, NM 87935, this property boasts breathtaking lake and mountain views, offering a tranquil setting just minutes from the shores of Elephant Butte Lake. The expansive lot provides ample space for a variety of uses, from building a custom home to creating a private retreat. Its convenient location provides easy access to the recreational opportunities of Elephant Butte Lake, while still maintaining a sense of seclusion and privacy. The asking price for this remarkable property is $58,000. Sierra County's natural beauty and the proximity to the lake make this an ideal location for those seeking a peaceful escape or a lucrative investment opportunity. The property is situated at 33.2361597 latitude and -107.2311774 longitude. This is a rare chance to acquire a significant piece of land in a highly sought-after area, offering unparalleled potential for future development or personal use. Don't miss this chance to own a piece of New Mexico's stunning landscape. The property is classified as land and is located in Truth or Consequences, New Mexico.

    Property Features for 000 Mustang Rd

    General Information

    Property type
    Land
    Lot Size
    246,550 SF

    HighLights

    • 5.66‑acre land parcel in desirable Lakeshore Highlands, Elephant Butte, NM.
    • Breathtaking lake and mountain views, minutes from Elephant Butte Lake.
    • $58,000 asking price.
    • Suitable for custom home or private retreat.
    • Located at 000 Mustang Road, Elephant Butte, NM 87935 (33.2361597, -107.2311774).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Truth or Consequences
    County
    Sierra
    State
    New Mexico
    Longitude
    -107.2311774
    Latitude
    33.2361597

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    FAQs

    What type of property is this?
    Land - Elephant Butte Lakefront Land - Stunning Views
    Where is this land located?
    The property is located at 000 Mustang Rd Truth or Consequences, NM.
    What is the asking price?
    The asking price for this property is $58,000.
    What are key features of this property?
    This property features: 5.66-acre land parcel in desirable Lakeshore Highlands, Elephant Butte, NM.; Breathtaking lake and mountain views, minutes from Elephant Butte Lake.; $58,000 asking price.
    Request Owner's contact information
    000 Mustang Rd Truth or Consequences, NM 87935
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    000 Mustang Rd Truth or Consequences, NM 87935
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