About This Property
Owner financing: $99 down plus a $195 document fee. Financed price $27,950. Term options: 1 year at 0% ($2,320.92/mo); 2 years at 9% ($1,272.37/mo); 3 years at 9% ($885.65/mo); 6 years at 9% ($502.03/mo); 10 years at 9% ($352.80/mo); 12 years at 9% ($316.95/mo); 15 years at 9% ($282.48/mo). Pay-in-full price: $25,155 (10% cash discount). Per the seller, no business or commercial use is allowed while the property is under a loan contract. This approximately 40.49 acre property sits on the southern border of The Ranch. It is 667 wide and 2,637 feet deep. The elevation changes about 185 feet throughout the property. Most of Lot 22 is fairly level with some rolling hills and gentle slopes. The southeast corner is where most of the elevation change occurs with the land sloping down to the bottom of the plateau these properties sit on. We have been told that a landslide has blocked the trail road that historically comes to this property from the east. You will probably need to come in along the road easements that run along the west and east sides of Lot 22 north through the main trail road to the north side of The Ranch. You might be able to drive along these easements as they are and wear them in by driving, or you might need to grade along them for improved access. You will need to determine this for yourself, they have not previously been graded but are deeded legal road easements. Cheap land is harder to come by. You should buy now before the price inevitably goes up. Buyer Notes No business or commercial activity of any kind is allowed involving a property under loan contract. Any plans you might have of a commercial nature must wait until the property is paid for in full and ownership has been transferred to you While under loan contract, there is a hunting restriction. Hunting rights for two hunters will be granted on request after at least $2,000 has been paid towards the principal of the purchase price.
Location
The Ranch, Section 32, Lot 22, Hudspeth County, TX
Outline shown is about 40.3 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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