629 Mustang Pl Elephant Butte, NM 87935
This exceptional 2.06-acre lot presents a unique opportunity to build your dream home in the desirable Lakeshore Highlands community. Located at Lot 629 Mustang Place, Elephant Butte, NM 87935, this property offers breathtaking views and convenient access to the renowned Elephant Butte Lake. The expansive lot provides ample space for a custom home and landscaping, allowing for complete personalization and privacy. Situated just minutes from the lake, residents can enjoy a variety of recreational activities, including boating, fishing, and swimming. The property's location in Sierra County, New Mexico, offers a tranquil setting while remaining close to local amenities and services. 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 construct a stunning new residence. Don't miss the chance to own this piece of New Mexico paradise. The coordinates for the property are 33.2598645 latitude and -107.1992656 longitude. This is a truly exceptional opportunity to acquire a substantial lot in a highly sought-after location.
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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Risks
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