Acreage
Half-Acre Arizona Corner Lot, Private Well, No Water Bill — $138,000
6
out of 10
HousesUnder150K Score
Property Merit 50% · Condition 25% · Price/Sq Ft 15% · Market 10%
| Category | Wt. | Score | Detail |
|---|---|---|---|
| Property Merit | 50% | 7 | 0.57-acre corner lot, private well, RV gate, shed, two living spaces |
| Condition | 25% | 5 | Interior needs updating, no system dates named; cosmetic but unknown bones |
| Price / Sq Ft | 15% | 9 | Listing $110/sqft vs zip median $192/sqft — 43% below; 6 comps, directional |
| Price vs. Market | 5% | 8 | $138K vs $234,831 median — 41% below; thin 13-sale market |
| Market Conditions | 5% | 6 | DOM 66 median vs 27 here; 28% price drops; sale-to-list 97.7% — mild buyer lean |
The private well is the first thing worth understanding here. No monthly water bill, no utility company between you and the tap. In a dry state where water is never an abstraction, that is a real and ongoing financial difference. On a property already priced at $110 a square foot against a zip median of $192, it adds up fast.
The lot is 0.57 acres on a corner in Huachuca City. That is more than half an acre, which means actual yard, not the kind of yard you apologize for. There is a large fenced area, an RV gate wide enough to bring in a trailer, boat, or work vehicle, and a storage shed already on the property. Two living spaces inside: a living room and a separate family room, both with good natural light. Two bedrooms, one bathroom, 1,259 square feet total. Built in 1978.
The price is $138,000. The median in this zip is $234,831. That is a 41% gap, and it is priced at $110 per square foot against a neighborhood median of $192. The thin market here means fewer comps to lean on, but the directional signal is clear: this is well below what surrounding properties are selling for.
The honest downside is the condition. The interior needs updating, and the listing does not name any system dates: no roof year, no water heater, no HVAC information. On a 1978 house, that matters. The unknowns are real and the cost of getting answers, or of finding out the hard way, should sit in your budget alongside the purchase price. The cosmetic work is visible and manageable. What is behind the walls is the actual question.
What the price makes possible is space. A half-acre corner lot in Arizona, a working well, room to park everything you own, and a second living area you can grow into or use however you need. For someone willing to do the work, the gap between what this costs and what it could cost is where the case gets made.
