Easy to buy · $99 downOwner Finance

Otero County, NM

Listed by YourCheapLand ›Contact: Mike and Samantha Stephens

1-Acre Lot in Timberon, NM

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1
Acres
Land
Property Type

About This Property

Owner financing: $99 down plus a $195 document fee. Financed price $8,975. Term options: 1 year at 0% ($739.67/mo); 2 years at 9% ($405.50/mo); 4 years at 9% ($220.88/mo); 6 years at 9% ($159.99/mo). Pay-in-full price: $8,077 (10% cash discount). Per the seller, no business or commercial use is allowed while the property is under a loan contract. Lot 3 0.501 acre 74 Gomez Road Lot 4 0.502 acre 68 Gomez Road These 2 adjacent lots are in a spectacular location. They are on the spine of a hill with incredible views of Jefferies Peak and many other mountains, Carrisa Canyon, and more of this beautiful area. You couldn't ask for better views for a homesite. They are located on platted Gomez Road, which has not been graded in. If you intend to build then you will have machinery handy to grade the road in to your property. Or you can choose to just hold these two beauties for investment. The border of hundreds of thousands of acres of National Forest Service land is about half a mile to the east, and power lines are just over 400 yards away. As of this listing, adjoining lots 1 & 2 are also available.

Location

Timberon, Unit 13, Block 177, Lots 3 & 4, Otero 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
$159.99
Purchase Price
$8,975
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.

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$159.99/month
Owner Finance
Price: $8,975 · 6 year term
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Part of a subdivision
Timberon
See all 5 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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