It is cheap! My dad and a friend found a relatively crappy but livable/had potential house in another city for 35K about 15 years ago, bought it, he moved in, lived there for about 5 years and sold it for 150K I think. It then became a meth lab and got demolished, and there's a massive McMansion in it's place now LOL.
It's decently close to a city. Fairbanks, AK, my current city, is about 35,000 just by itself but has tons of little suburbs where you don't even know the difference and think of it as 'Fairbanks'. It's just outside the city limits proper of Fairbanks according to what Google Streetview says while virtually driving around the area.
It's .6 acres, decent size for being right behind some sort of business and surrounded by refineries, cement plants, and the like, and right next to a freeway. VRRRRRRROOOOoommmmmm....BURriiiuuum....vrrooon...