Easy to buy · $99 downOwner Finance

Luna County, NM

Listed by YourCheapLand ›Contact: Mike and Samantha Stephens

1.5-Acre Lot in El Dorado Estates, NM

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1.5
Acres
Land
Property Type

About This Property

Owner financing: $99 down plus a $195 document fee. Financed price $5,950. Term options: 1 year at 0% ($487.58/mo); 2 years at 9% ($267.30/mo); 3 years at 9% ($186.06/mo); 4 years at 9% ($145.60/mo); 5 years at 9% ($121.46/mo); 6 years at 9% ($105.47/mo). Pay-in-full price: $5,355 (10% cash discount). Per the seller, no business or commercial use is allowed while the property is under a loan contract. 3 side-by-side lots combined are 1.5 +/- acres. 486 feet north-south, 135 feet east-west. All three lots have eastern frontage on platted Sapillo Street.

Location

El Dorado Estates, Unit 4, Block 8, Lots 6, 8 & 10, Luna County, NM

Outline shown is about 1.5 acres. Approximate boundaries from GIS or the seller, not a survey. Get a survey before you build or fence.

Owner Finance Terms

Monthly Payment
$105.47
Purchase Price
$5,950
Down Payment
$99
Interest Rate
9%
Term Length
6 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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$105.47/month
Owner Finance
Price: $5,950 · 6 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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