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Property profile & analytics
OFF-MARKET
Land

204 Cimarron Truth or Consequences, NM 87935

1.08 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.075-acre lot presents a unique opportunity for building your dream home or recreational retreat in the desirable Elephant Butte, New Mexico area. Located at 204 Cimarron, this property boasts stunning views of the surrounding mountains and offers a glimpse of Elephant Butte Lake itself. The convenient location provides easy access to the lake's recreational amenities, while still maintaining a sense of peaceful seclusion. The spacious lot provides ample room for a custom home, a workshop, or other outbuildings, allowing for the creation of a personalized oasis. Situated in Sierra County, the property's address is 204 Cimarron, Elephant Butte, NM 87935, with GPS coordinates of 33.2361597 latitude and -107.2311774 longitude. The asking price for this remarkable piece of land is $47,900, making it an attractive investment for those seeking a tranquil setting with development potential. The property is a short drive from the lake, offering the best of both worlds: serene country living with convenient access to water recreation. This is a rare opportunity to acquire a buildable lot in a highly sought-after location. Don't miss out on the chance to own this beautiful piece of New Mexico.

Property profile
Verified
Property type Land
Lot 1.08 ac (46,827 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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