About This Property
Owner financing: $99 down plus a $195 document fee. Financed price $19,975. Term options: 1 year at 0% ($1,656.93/mo); 2 years at 9% ($908.03/mo); 5 years at 9% ($412.59/mo); 10 years at 9% ($251.78/mo). Pay-in-full price: $17,977 (10% cash discount). Per the seller, no business or commercial use is allowed while the property is under a loan contract. This is a gorgeous large homestead, approximately 10 acres. It is Lot 16 in Unit 216 of the undeveloped Southwest Sunsites subdivision of Culberson County. The main activity in this area is ranching. This is one of those "have your cake and eat it too" opportunities that give you the best of two worlds. You can homestead, vacation, or just own for investment this wonderful rural property in its secluded area, enjoying its mountain views. And yet all the amenities of Van Horn are less than a 30 minute drive away. Van Horn is the biggest town closer than El Paso. Utilities have not yet been run into this area. For electricity you will probably choose solar. You can have water hauled in from Van Horn, or contact a local water well driller to see if that's a good option for you. You will probably have propane delivered for your heating and cooking needs. If you build a residence, you can request that the county road department maintain the road past your property. There are virtually no restrictions. There is no zoning. There are no property owners association (POA) or home owners association (HOA). You can RV or camp indefinitely, and build if and when you want to do so. This can be your dream homestead or you can vacation here while holding it for investment. Beautiful cheap land like this used to be plentiful. It is getting increasingly hard to find. Buy now before the price inevitably goes up. !
Location
Southwest Sunsites, Unit 216, Lot 16, Culberson County, TX
Outline shown is about 10 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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