5.06-Acre Lot in Ranchos Lake Conchas, 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); 3 years at 9% ($314.05/mo); 4 years at 9% ($245.76/mo); 5 years at 9% ($205.01/mo); 6 years at 9% ($178.02/mo); 7 years at 9% ($158.90/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. This is a beautiful approximately 5.06 acre homestead property about 1.25 miles from Highway 104. It is bordered on the north by platted Greyhound Road, which was graded long ago but has become overgrown since nobody has been driving there. You can re-grade the platted access easements if you choose to do so, or you can leave them as they are. This property is very much out of the way. It is unclear to us from online mapping whether the best way to approach the property is from Highway 104 or from County Road C58B. These are Cheap land this good is becoming harder to find. Buy now before the price inevitably increases.

Location

Ranchos Lake Conchas, Unit 5 Block 27 Lot 6, San Miguel 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.