About This Property
Owner financing: $99 down plus a $195 document fee. Financed price $26,975. Term options: 1 year at 0% ($2,323/mo); 5 years at 9% ($578.66/mo); 10 years at 9% ($353.12/mo). Pay-in-full price: $24,277.50 (10% cash discount). Per the seller, no business or commercial use is allowed while the property is under a loan contract. This is a great 20 acre property with a spectacular view of the Van Horn Mountains, which are less than a mile away to the east. The old Plata Verde Mine is less than a mile away. The property is 13 miles southwest of Van Horn, the seat of Culberson County. In addition to being so close to the Van Horn Mountains, to the northwest are the Eagle Mountains, to the north are the Carrizo Mountains, and to the south are the Sierra Pilares. The terrain is gently rising, about 20 feet over the property's huge 1/4 mile width. The legal description of this property is Township 10, Block 67, Section 13 N2-NE4-NW4. We have seen copies of deeds for properties in Sections 11, 12, and 13, and all have 30 foot access easements around the borders of properties and along any existing roads. There is a trail road less than 1/3 mile from the property and you will probably need an SUV or pickup to drive from there. The Green River, an ephemeral tributary of the Rio Grande River, runs near the east border of the property. The Green River area is known for very good wells as you can see by googling the 2001 Evaluation Of Groundwater Recharge In Basins In Trans-Pecos Texas by Scanlon, Darling, and Mullican, and also the Texas Water Development Board's Report R356, Chapter 16, The Aquifers Of Red Light Draw, and Green River Valley, and Eagle Flat. For more information on water wells you could contact a local well driller.
Location
20 Acres Green River Valley, Culberson County, TX
Outline shown is about 19.8 acres. Approximate boundaries from GIS or the seller, not a survey. Get a survey before you build or fence.
Owner Finance Terms
Owner finance agreements are subject to state and local laws. Always consult a licensed real estate attorney in TX before signing any agreement.
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