1.07-Acre Lot in Torrance County, NM

About This Property

Owner financing: $99 down plus a $195 document fee. Financed price $9,975. Term options: 1 year at 0% ($823/mo); 2 years at 9% ($451.18/mo); 5 years at 9% ($205.01/mo); 9 years at 9% ($133.75/mo). Pay-in-full price: $8,977 (10% cash discount). Per the seller, no business or commercial use is allowed while the property is under a loan contract. Torrance County is one of the most productive agricultural counties in the United States. People here tend to have very close ties to the land and the locals place high value in their heritage and ties to the mountains. In this region the amount of nature-watch activities for animals, birds, fish, and rare plants is outstanding. This great residential property is in the mostly undeveloped Columbine Ranches subdivision, Unit 2 Block F Lot 3. It is approximately 0.84 acre. You will be in a gorgeous location in the eastern foothills of the Manzano Mountains with great views of Bosque Peak, Mosca Peak, and much more. Albuquerque is about 20 miles away as the crow flies. Antelope Springs is about 11 miles to the east, and the intersection of Highway 337 and County Road A053 is approximately 3 miles away. Zoning is RCP (Rural Community Preservation District). Power is available, but we don't believe that municipal water is available yet. The top of the property runs along the road, then dips down as it bridges the arroyo. You will have both high and low ground. There are no Home Owners Association or Property Owners Association, and no subdivision restrictions. You can camp or RV on your property for up to 3 months per year while holding it for investment, or build when it suits you. For questions regarding property usage, please call the planning and zoning department at 505-544-4390. Lot 1's parcel number is 1035041507414000000.

Location

Columbine Ranches 2-F-1, Torrance County, NM

Owner Finance Terms

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YourCheapLand is a family-owned business specializing in undeveloped land in the American Southwest, with lots in Arizona, New Mexico, Texas, Utah, Colorado and Oklahoma. Owner financing is what they are best known for: most lots can be bought with $99 down, with terms from 1 year at 0% to longer terms at 9%. The land suits off-grid homesteads, cabins, tiny homes, RVs, camping, hunting and recreation. Contact Mike and Samantha for details on any property.