Roswell, NM 88201 (Chaves County)

Size: 9.84 Acres

Type: Recreational Property, Undeveloped Land

Residential Lot With City Utilities In The Heart Of Roswell

This nearly 10 acre property is located within the city limits of Roswell, the fifth largest town in the state with nearly 50,000 inhabitants. The parcel sits just off the Clovis Highway along Marion Richards Road in the Berrendo Irrigated Farms subdivision.

This parcel has power at the lot line along Marion Richards Road. Additionally, it sits in an area where all nearby homes are hooked up to city utilities, meaning it will be easier and more affordable to connect the property to city water and sewer lines than some of the more rural lots we typically feature which may require the drilling and installation of a well.

This property is zoned R-S: Rural Suburban. An explanation of what this means as well as the zoning laws specific to that designation can be found in the table below. There are no covenants or restrictions that carry with the land, so zoning law will be the only set of g...

Living in a town this big and populated will afford you easy access to groceries and supplies as well as countless things to do. Within a five mile drive of this property you will find the Roswell Mall along with a Wal-Mart Super Center, a Sams Club, a Target, two movie theatres and an Albertsons grocery store as well as numerous fast food restaurants. Additionally, the city of Roswell boasts the Spring River Park and Zoo, a campus for Eastern New Mexico University and the Anderson Museum of Contemporary Art.

Anyone with children will be glad to know the Berrendo Middle School sits less than a mile west of the subject property also along Marion Richards Road. This will make it easier to pick up and drop off the kids every day without having to fight traffic or worry about budgeting the proper amount of drive time. If the kids are old enough, they can simply walk back and forth to school, freeing you up to focus on your own commitments.

Should you become tired of city living, there are plenty of great outdoor recreation activities within easy driving distance of this property. Both Bottomless Lakes State Park and Bitter Lake sit just east of Roswell along the Pecos River and offer great boating and fishing opportunities. Additionally, within an hours drive to the west of Roswell you can find the town of Ruidoso which boasts the Ruidoso Downs Racetrack and Casino as well as plenty of great winter sport activities on the slopes of Ski Apache.

The Chaves County Assessor places the market value of this property at $15,000. Additionally, we were able to find ZERO like-type comps that come anywhere close to our $12,000 list price. All land in this region is priced markedly higher on a price-per-acre basis, making this the type of incredible deal we pride ourselves on. This means the money you save on purchasing costs can go toward building your dream home or ideal family farm. Furthermore, this means this property is an ideal buy-and-flip opportunity for any aspiring investors out there.

This property was closed on and its title insured through Fidelity National Title.

NOTE: We are requesting an upfront Non-Refundable Earnest Money Deposit of $500.00. This is not an installment sale and there is no financing offered. This is a cash transaction. After we have your Deposit we will contact you about how to proceed with finalizing the purchase, whether it be by credit card, wire transfer or title & escrow. If you elect to close through escrow, buyer will be responsible for all closing costs.

Lot Size: 9.84 Acres

Legal Description: BERRENDO IRRIGATED FARMS BLOCK: 3 LOT: 6

Parcel Number: 4-137-056-168-228-000000

Account Number: R008540

Latitude-Longitude:

Center: 33.475390 -104.500441

NW: 33.4761816969025 -104.501516303765

NE: 33.4762025843763 -104.499317688753

SW: 33.4744204894896 -104.501519459046

SE: 33.4744472324756 -104.49932289233

Annual Taxes: $140.36

HOA/POA: None