Louis Herron, 31, spent $2,333 on an acre in Arizona in 2013.
Now, the land hosts his two tiny homes and is worth up to $15,000When Louis Herron spent $2,333 on an acre of land in 2013, he knew was getting a good deal.
But he never predicted the property in Flagstaff, Arizona, a 30-minute drive from the Grand Canyon, would become over six times more valuable in less than a decade.
Now the acre, which currently hosts two tiny homes, is worth up to $15,000, according to an appraiser estimate reviewed by CNBC Make It.
"I was 21 or 22 years old at the time, and I had no idea I could even buy property," Herron, 31, tells CNBC Make It.