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    3 Hawthorne Blvd Elephant Butte, NM 87935

    • Land
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 3 Hawthorne Blvd

    Property type
    Land

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elephant Butte
    County
    Sierra
    State
    New Mexico
    Longitude
    -107.22
    Latitude
    33.1911

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    3 Hawthorne Blvd
    Elephant Butte, 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
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