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    0001 Mustang Rd Truth or Consequences, NM 87935

    For Sale
    $58,000

    5.66 Acres, Stunning Views

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 5.66-acre parcel of land presents a unique opportunity for development or personal enjoyment in the desirable Elephant Butte, New Mexico area. Located at 0001 Mustang Road, this property boasts breathtaking lake and mountain views, offering a tranquil setting just minutes from the shores of Elephant Butte Lake. The land is situated in Lakeshore Highlands, a sought-after community known for its natural beauty and recreational opportunities. With its expansive acreage, this property provides ample space for a variety of uses, from building a custom home to creating a private retreat. The asking price is $58,000, making it an attractive investment in a highly desirable location. The property's address is precisely 0001 Mustang Road, Elephant Butte, NM 87935, within Sierra County. Its GPS coordinates are 33.2361597 latitude and -107.2311774 longitude. The lot size is confirmed at 5.66 acres. This is a rare opportunity to own a piece of this picturesque landscape, offering unparalleled access to outdoor recreation and stunning natural scenery. Don't miss your chance to acquire this remarkable property. Serious inquiries only.

    Property Features for 0001 Mustang Rd

    General Information

    Property type
    Land
    Lot Size
    246,550 SF

    HighLights

    • $58,000 asking price.
    • 5.66‑acre land parcel.
    • Located in Elephant Butte, NM, near Elephant Butte Lake.
    • Offers beautiful lake and mountain views.
    • Situated in Lakeshore Highlands.
    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 - 5.66 Acres, Stunning Views
    Where is this land located?
    The property is located at 0001 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: $58,000 asking price.; 5.66-acre land parcel.; Located in Elephant Butte, NM, near Elephant Butte Lake.
    Request Owner's contact information
    0001 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
    0001 Mustang Rd Truth or Consequences, NM 87935
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