Easy to buy · $99 downOwner Finance

Luna County, NM

Listed by YourCheapLand ›Contact: Mike and Samantha Stephens

1-Acre Lot in El Dorado Estates, NM

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1
Acres
Land
Property Type

About This Property

Owner financing: $99 down plus a $195 document fee. Financed price $3,975. Term options: 1 year at 0% ($323/mo); 2 years at 9% ($177.07/mo); 3 years at 9% ($123.26/mo); 4 years at 9% ($96.45/mo); 5 years at 9% ($80.46/mo). Pay-in-full price: $3,577.50 (10% cash discount). Per the seller, no business or commercial use is allowed while the property is under a loan contract. Two side-by-side lots, combined total approximately 1 acre, 324 feet north-south, 135 feet east-west. They share frontage on platted Sapillo Street on their east side, and Lot 2 also has frontage on platted Columbus Avenue.

Location

El Dorado Estates, Unit 4, Block 8, Lots 2 & 4, Luna County, NM

Outline shown is about 1 acres. Approximate boundaries from GIS or the seller, not a survey. Get a survey before you build or fence.

Owner Finance Terms

Monthly Payment
$80.46
Purchase Price
$3,975
Down Payment
$99
Interest Rate
9%
Term Length
5 years
NM — ✅ Owner Finance Friendly

Owner finance agreements are subject to state and local laws. Always consult a licensed real estate attorney in NM before signing any agreement.

Find a NM Real Estate Attorney →

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$80.46/month
Owner Finance
Price: $3,975 · 5 year term
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Part of a subdivision
El Dorado Estates
See all 2 tracts with the same terms →
Listed by
Y
YourCheapLand
Contact: Mike and Samantha Stephens

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.

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