0.5-Acre Lot in Deming Ranchettes, NM

About This Property

Owner financing: $99 down plus a $195 document fee. Financed price $1,475. Term options: 1 year at 0% ($114.67/mo); 2 years at 9% ($62.86/mo). Pay-in-full price: $1,327 (10% cash discount). Per the seller, no business or commercial use is allowed while the property is under a loan contract. Deming Ranchettes is a sparsely developed subdivision outside of Deming in Luna County, New Mexico. This is a pretty area with great views of the nearby Florida Mountains. This part of New Mexico offers a warm and sunny climate, affordable land, low taxes, and many natural, cultural, and historical attractions. The surrounding mountains, state parks, and national forests offer hiking, camping, biking, hunting, and other outdoor recreational opportunities. This approximately 0.5 acre recreational and residential property has frontage on Hondo Road, in between its intersections with Rosal Road and Orchis Road. You will be less than 2 miles from the border of hundreds of square miles of public land, state owned land and Bureau Of Land Management (BLM) land! You will be in a beautiful area east of the Florida Mountains with great views, and with Deming and its amenities being about 21 road miles away. To the best of our knowledge utilities have not been run to this remote area, you will be off grid. Half acre lots may now be buildable! Properties that are too small for a conventional septic system may now be buildable using advanced treatment systems or other options. To determine whether a property smaller than 0.75 acre can qualify for a residential build, consult a liquid waste professional regarding the specific property that you are considering. The New Mexico Environment Department can advise you.

Location

Deming Ranchettes, Unit 127 Block 6 Lot 7, Luna County, NM

Owner Finance Terms

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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.