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    OFF-MARKET
    Land

    631 Mustang P Pl, Elephant Butte, NM 87935

    1.92 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.92-acre lot presents a unique opportunity to build your dream home in the desirable Lakeshore Highlands community. Located at Lot 631 Mustang P Place, Elephant Butte, NM 87935, this property offers breathtaking views and convenient access to the renowned Elephant Butte Lake. The expansive lot provides ample space for a custom home and landscaping, allowing for complete personalization and privacy. Situated in Sierra County, New Mexico, this land boasts a prime location just minutes away from the lake, providing easy access to boating, fishing, swimming, and all the recreational activities Elephant Butte Lake has to offer. The asking price for this remarkable property is $18,000. With its ideal location, generous size, and stunning natural surroundings, this lot is perfect for those seeking a tranquil escape or a year-round residence. Don't miss this chance to own a piece of paradise in the heart of Elephant Butte. The property's coordinates are 33.2598645 latitude and -107.1992656 longitude. This is a remarkable opportunity to acquire a substantial piece of land in a highly sought-after location. Act quickly, as properties like this are rarely available.

    Property profile
    Verified
    Property type Land
    Lot 1.92 ac (83,635 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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