About This Property
Owner financing: $99 down plus a $195 document fee. Financed price $7,975. Term options: 1 year at 0% ($656.33/mo); 2 years at 9% ($359.81/mo); 5 years at 9% ($163.49/mo); 7 years at 9% ($126.72/mo). Pay-in-full price: $7,177 (10% cash discount). Per the seller, no business or commercial use is allowed while the property is under a loan contract. This 5 acre property is located in scenic Hudspeth County, Texas. You will have views of Sierra Blanca, the Quitman Mountains and the Guadalupe Mountains. El Paso Ranchettes is an undeveloped subdivision in the Sunset Ranches area, about 38 miles east of El Paso. It is about 13 1/2 miles northwest of Fort Hancock, and 15 miles east of Fabens. Interstate Highway 10 is about eight miles to the south. The famous Cattleman's Steakhouse and Indian Cliffs Ranch are only about ten miles away! Every lot in El Paso Ranchettes has platted road access. Many of these roads have not been graded in, but you can grade them in if you choose to do so. You can camp here, or live off grid, or just hold the property for investment. There is no zoning. There are no home owners' association or property owners' association, and no subdivision restrictions. There isn't much going on in the area except for ranching. This kind of remote location with great views might be exactly what you're looking for. Cheap land is getting harder to find. You should buy this great property now before the price inevitably goes up. Driving directions: About 3.9 miles west of Fort Hancock, take Exit 68 off of Interstate 10 to Acala Road. About 2.7 miles after you begin going roughly north on Acala Road, at do not follow the road bending to the right, instead keep going straight on the road heading approximately north. 0.7 mile later at, turn left going west.
Location
El Paso Ranchettes Unit 1 Lot 6, Hudspeth County, TX
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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