621 Greer Ln, Truth or Consequences, NM 87935
This exceptional 2.43-acre lot presents a unique opportunity to build your dream home in the desirable Lakeshore Highlands community. Located at Lot 621 Greer Lane, Elephant Butte, NM 87935, this property offers breathtaking views and convenient access to the recreational amenities of Elephant Butte Lake. The expansive lot provides ample space for a custom home and landscaping, allowing for privacy and stunning natural surroundings. Situated just minutes from the lake, residents can enjoy a variety of water activities, including boating, fishing, and swimming. The property's location in Sierra County, New Mexico, offers a tranquil escape from city life while remaining conveniently accessible. The asking price for this remarkable land parcel is $18,000. This represents an excellent investment opportunity for those seeking a peaceful lakeside retreat or a prime location to build their dream home. The property is zoned for residential use and is ready for immediate development. Utilities are available in the area, making construction straightforward and convenient. Don't miss this chance to own a piece of paradise in the beautiful Elephant Butte Lake area. The coordinates for this property are 33.2652347 latitude and -107.2014635 longitude.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.