2695 Redstone Street, Chaparral, NM 88081

$1,152,000

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List Price
$1,152,000
Status
ACTIVE
Days on Market
1084
Price Change
▼ $128,000 1775588841
MLS#
2302195
Subtype
Farm
Subdivision
Rocket Valley Subdivision
MLS Area Major
Chaparral

Property Description

This special 25+/- acre property currently farmed with approximately 2500 producing pistachio trees. Strategically located in Chaparral, NM, 5.5 miles north of the TX-NM state line and about 1/4 mile south of 2.2 million acres of Federal land (WSMR). Property is 3.3 miles north of War Highway 213/Highway 404 Intersection (roundabout traffic circle) which is part of the future bypass route around El Paso, TX. Approx 15 minutes from El Paso, 30 minutes from Las Cruces, NM and about 12 minutes to I-10. El Paso's growth will soon reach Chaparral Dona Ana, County (DAC) NM property tax is far lower than those in El Paso which is a major economic driving force here. This property is zoned T2, allowing residential, agricultural, commercial and industrial uses. It is an ideal setting for housing sub-development, greenhouses or transportation and material storage activities, possible related to WSMR or the future bypass. Property is already beautiful, livable desert refuge. NM-OSE appropriated water rights.

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Listing courtesy of Listing Agent: Gordon Sather (nbrglsnm@gmail.com) from Listing Office: New Beginnings Realty.