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Dona Ana 88021
715 LIPPS Road
$110,000
● Land - Off Market

715 LIPPS Road

Anthony, NM 88021
bedrooms
Studio
bathrooms
0 Bath
$197,609
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

What a deal! 5.76 Acres of vacant land with a 1 acre fenced in area that includes an approx 10,000  sq/ft equipment shed with multiple roll up doors that can accommodate multiple RV's,  vehicles and boats (also comes with a lift) This shed has many valuable items that the owner is willing to include. There is also water (well) and electricity on site in the shed (shop). This is an incredible bargain at $135k! It's currently being used a shop and as a storage area for a classic car  renovations.
Unit Size
-
Days on Market
177 days
Land Size
5.76 acres
Price per sqft
-
Property Type
Land
Property Taxes
$98
HOA Dues
-
Year Built
2021

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 6 months ago (GEPAR MLS #809070)

Price History

Date / Event Date Event Price
Nov 21, 2019 Sold
Premium
Sold
May 28, 2019 Listed by The Real Estate Power Houses $135,000
Listed by The Real Estate Power Houses

Property Highlights

Building Info

Overview

    General

  • Year Built: 2021
  • Building Count: 2
  • Bedroom Count: 1
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 6
  • Roof Cover Type: 5
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 250,906
  • Total Building Area: 9,721
  • Gross Building Area: 9,721
  • Building Area: 9,721
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 8
  • Heated Square Feet: 9,721
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005760
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: S: 23 T: 26S R: 3E POR OF SWQTRSEQTR, INSTRUMENT #1926650

Neighborhood

  • School District Name: Gadsden Independent Schools
  • Census Tract: 001808

Zoning

  • Zoning: T3

Geography

  • Account Number: R1705982
  • Parcel: 17-05982
  • Latitude: 32.0298
  • Longitude: -106.606

    Address

  • Full Address: 715 Lipps Rd
  • Address - House Number: 715
  • Address - Street Name: Lipps
  • Address - Suffix Type: Rd
  • State: NM
  • City Name: Anthony
  • Carrier Code: H083
  • 4-Digit Zip Code: 9052
  • Zip Code: 88021

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $173,840

    Appraisal Valuation

  • Standard Deviation: 0.1755
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 77
  • Final Value: 357,738
  • High Value: 420,524
  • Low Value: 294,951

    Market Valuation

  • Market Total Value: $174,059
  • Market Land Value: $29,760
  • Market Improvement Value: $144,299

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $58,020
  • Assessed Land Value: $9,920
  • Assessed Improvements Value: $48,100

    Exemptions

  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Dona Ana

Stats & Trends

Median Asking:

$345,000

Sale Price/ft²

$181

Below Asking

0.01%

Average Days on Market

68

Average Home Size

1873 ft²

Average Home Age

9 years

Currently For Sale

117 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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GEPAR

Listed by: Tim Rich, The Real Estate Power Houses
Last Updated: 6 months ago
Data Source: GEPAR, MLS# 809070
The data relating to real estate for sale on this web site comes in part from the IDX Program of the Greater El Paso Association of REALTORS®. Real estate listings held by brokerage firms other than RH Advisors, Inc. and RHP Realty NJ, Inc. are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing brokers. Listing data is deemed reliable but not guaranteed. Copyright 2026 the Greater El Paso Association of REALTORS®, MLS Inc. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 715 Lipps Road built and last sold?
The property at 715 Lipps Road was built in 2021 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 715 Lipps Road is $136,350.
What are some comparable homes to 715 Lipps Road?
There are currently no comparable homes to 715 Lipps Road.
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