3000 Mesilla Verde Terrace TER Las Cruces, NM 88005

Beautiful and unique 1.39 acre luxury home site in Mesilla Verde Estates, nestled in a pecan orchard near historic Old Mesilla. With over 30 mature, producing pecan trees, this lot is generating income of about $10,000 per year. Build your ultimate dream home among these stately pecan trees. Or hold this property until you are ready to build - you'll get a better ROI than a rental property of the same price. Imagine owning one of the most beautiful home sites in the Mesilla Valley, and it pays for itself! There is a 200 ft shared well with 3 phase electric motor for irrigation. In addition, this lot has special EBID rights with Farm Rate status, meaning additional water can be leased from other farmers (last year this lot was watered 4 times while others only were watered once. EBID water has less salt than ground water from a well, and therefore helps yield a better crop. Utilities include underground electric, natural gas, Town of Mesilla water & sewer.