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    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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