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Property profile & analytics
OFF-MARKET
Land

3 Hawthorne Blvd Elephant Butte, NM 87935

Property ID
Property summary
AI-generated overview

This exceptional 15,246 square foot lot, located at Lot 3 Hawthorne Boulevard in Elephant Butte, New Mexico, presents a unique opportunity for building your dream home. Priced affordably at $30,000, this property boasts convenient access to Elephant Butte Lake, offering stunning views and recreational opportunities. The lot is serviced by readily available utilities, including sewer, water, gas, and electricity, already connected at the street, minimizing the hassle of new construction. Situated in Sierra County, zip code 87935, this location provides a tranquil setting while remaining a short drive from the town of Truth or Consequences, New Mexico, for shopping and other amenities. The property's size allows for ample space to design and build a custom home tailored to your specific needs and preferences. Don't miss this chance to own a piece of paradise in a desirable location. The lot is ready for immediate development, making it an ideal choice for those seeking a quick and straightforward building process. Take advantage of this exceptional opportunity to create your dream lakeside retreat.

Property profile
Verified
Property type Land
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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Comparable Approach Comparable
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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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