0.75-Acre Lot in Ranchos De Taos Block 28, NM

About This Property

Owner financing: $99 down plus a $195 document fee. Financed price $12,975. Term options: 1 year at 0% ($1,073/mo); 2 years at 9% ($588.24/mo); 5 years at 9% ($267.28/mo); 10 years at 9% ($163.11/mo). Pay-in-full price: $11,677 (10% cash discount). Per the seller, no business or commercial use is allowed while the property is under a loan contract. These are three adjoining 1/4 acre lots that you can combine into a single 3/4 acre property if you choose to do so. There is a dirt road along their west side and the intersection with Sheep Herder Road, a nice county maintained road and the main road into the subdivision, is only a tenth of a mile away. The border of thousands of acres of public land is less than a quarter of a mile away! There is a community water well near the turnoff from Highway 64. Residents pay a one time fee, and have access to the well for life. You must ave the property paid off in full and own it before you are eligible for well membership. You can camp or RV on your property indefinitely while holding it for investment. You can build your dream homestead if and when you choose to do so. There are no subdivision restrictions, property owners association, or home owners association. Cheap land is becoming more and more difficult to find. You should buy now before the price inevitably increases. Buyer Notes No business or commercial activity of any kind is allowed involving a property under loan contract. Any plans you might have of a commercial nature must wait until the property is paid for in full and ownership has been transferred to you. Additional Notes Near Public Land

Location

Ranchos De Taos Block 28, Lots 9, 10, 11, Taos County, NM

Owner Finance Terms

Similar Homes in NM

Interested in this home?

Send the seller a direct message to ask questions, schedule a showing, or request terms.

Ownsley is a listing marketplace only. Always consult a licensed attorney before signing any RTO agreement. Learn more →

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.