2.15-Acre Lot in Timberon, NM

About This Property

Owner financing: $99 down plus a $195 document fee. Financed price $16,975. Term options: 1 year at 0% ($1,406.33/mo); 2 years at 9% ($770.98/mo); 5 years at 9% ($350.32/mo); 10 years at 9% ($213.78/mo); 15 years at 9% ($171.17/mo). Pay-in-full price: $15,277 (10% cash discount). Per the seller, no business or commercial use is allowed while the property is under a loan contract. Lot 31 - 0.56 Acres - 40 Wollin Drive Lot 32 - 0.50 Acres - 36 Wollin Drive Lot 33 - 0.53 Acres - 22 Wollin Drive Lot 34 - 0.56 Acres - 8 Murtishaw Lane The southwest corner of Lot 31 is the most level part of this approximately 2.15 acre group of adjoining lots and could be a great homesite for you. The rest of the property is made up of nice hills and valleys. You can leave them as is or use your contruction equipment to sculpt them as you see fit. These properties are in the northeastern corner of Timberon and sit at the base of the mountains which makes for some incredible views. Utilities are not to these lots yet. Power is about 1,000 feet away. You will have phenomenal mountain views and be less than 3/4 mile away from a gigantic acreage of National Forest Service land. You can treat these lots separately, or combine them to have a huge approximately 2.15 acre homestead, or have two homesteads each over 1 acre, etc. The roads past these properties have not been graded. You can leave them as they are, or grade them in. If you are going to build a residence, you will have equipment on hand to do this. Gorgeous cheap land like this is more and more difficult to find. Buy now before the price inevitably goes up. !

Location

Timberon, Unit 17, Block 173, Lots 31, 32, 33 & 34, Otero 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.