Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    630 Mustang P Pl Elephant Butte, NM 87935

    For Sale
    Contact for pricing

    1.92 Acres, Build Your Dream Home

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 1.92-acre lot, located at Lot 630 Mustang P Place in Elephant Butte, New Mexico, presents a unique opportunity for building your dream home. Situated in the desirable Lakeshore Highlands, this property offers a tranquil setting just minutes away from the recreational amenities of Elephant Butte Lake. The land is ready for development, providing ample space for a custom home and potential landscaping. The property's address is Lot 630 Mustang P Place, Elephant Butte, NM 87935, within Sierra County. Its convenient location provides easy access to the lake's recreational activities, including boating, fishing, and swimming. The lot's size allows for considerable design flexibility, accommodating various home styles and layouts. With its serene environment and proximity to the lake, this property offers an ideal blend of peaceful living and convenient access to outdoor recreation. The asking price for this remarkable piece of land is $18,000. Don't miss this chance to own a piece of paradise in Elephant Butte. The GPS coordinates are 33.2598645 latitude and -107.1992656 longitude.

    Property Features for 630 Mustang P Pl

    General Information

    Property type
    Land
    Lot Size
    83,635 SF

    HighLights

    • 1.92‑acre lot in desirable Lakeshore Highlands, Elephant Butte, NM.
    • Ready for immediate development, perfect for a custom home.
    • Minutes from Elephant Butte Lake's recreational amenities (boating, fishing, swimming).
    • $18,000 asking price.
    • Lot 630 Mustang P Place, Elephant Butte, NM 87935.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Elephant Butte
    County
    Sierra
    State
    New Mexico
    Longitude
    -107.1992656
    Latitude
    33.2598645

    Nearby Similar for Sale

    • $435,000
      5,906 SF

      Mixed-Use Property in Elephant Butte

      Versatile mixed-use property with office, shop, and storage buildings.
      779 181 Hwy, Elephant Butte, NM 87935
      View Details
    • $1,900,000
      984.00 Acres

      Working Cattle Ranch Near Spaceport

      984-acre working cattle ranch with leased BLM land.
      736 Upham Rd, Elephant Butte, NM 87935
      View Details
    • $435,000
      7,379 SF

      Elephant Butte Gas Station Opportunity

      Highly visible gas station with multiple business opportunities on 1.559 acres.
      900 Hwy 195 Blvd, Elephant Butte, NM 87935
      View Details

    FAQs

    What type of property is this?
    Land - 1.92 Acres, Build Your Dream Home
    Where is this land located?
    The property is located at 630 Mustang P Pl Elephant Butte, NM.
    What is the asking price?
    The asking price for this property is $18,000.
    What are key features of this property?
    This property features: 1.92-acre lot in desirable Lakeshore Highlands, Elephant Butte, NM.; Ready for immediate development, perfect for a custom home.; Minutes from Elephant Butte Lake's recreational amenities (boating, fishing, swimming).
    Request Owner's contact information
    630 Mustang P Pl Elephant Butte, NM 87935
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    630 Mustang P Pl
    Elephant Butte, NM 87935
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    630 Mustang P Pl Elephant Butte, NM 87935
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.