L06748-1 10 Acres In Luna County, Nm $8,999 ($111.54/month)

This is a great opportunity to own your own ranch! This 10-acre lot, located in the Southwestern corner of New Mexico, is rich with history, atmosphere, and sunshine, all in great abundance.

Pancho Villa Ranches, lies within a recorded subdivision approximately 25 miles south of Deming, 5 miles north of Columbus and 5 miles east of Highway 11. There is power in the area -- however distance to the lot has not been verified. Water would be by well or holding tank and sewer would be by septic.

Luna County is slightly less than 3,000 square miles with an elevation of about 4000 feet. This area is predominately flat lowland; consisting mostly of grassland or desert scrub. There are on average, 293 sunny days with July’s high around 96 degrees and January’s low around 29 degrees.

Luna County is rich with agriculture if you are looking for ranch or farmland. This property is buildable and mobiles are allowed as well as camping. The area boasts beautiful views of the nearby Florida Mountains and the Tres Hermanas Mountains. Taxes are less than $100 per year and are current. This property has no POA dues and is free of liens and encumbrances.

PARCEL SNAPSHOT:

• ATN:3 040 163 125 197
• GPS Marker: 31.887, -107.591
• Legal Description: Lot 99 Pancho Villa Ranches
• Current Zoning:
• Tax District: Luna
• Size: 10.12 Acres
• Terrain: Varied
• Power/Water: Contact County
• Property Taxes: $63.85 / YR
• HOA Fees: N/A

FINANCE TERMS

Purchase Price: $8,999.00

Interest Rate: (11.5%)

Loan Term: 15 Years

Monthly Payment: $111.54

TOTAL DUE TODAY

Down Payment: $1.00

Document Fee: $199.00

DUE TODAY: $200.00

MONTHLY PAYMENT:

Land Payment: $91.22

Property Tax: $5.25

HOA/ Assoc. Fees: N/A

Monthly Servicing Fee: $15.00

TOTAL MONTHLY PAYMENT: $111.54

CASH PRICE: $8,999.00 + Taxes and Fees

Be sure to reference L06748-1 in any correspondence.

$1 down payment and $199 document fee for lot #L06748-1 in New Mexico. Your welcome packet, contract, and digital payment coupon book for your monthly payments will be sent to the shipping address you provide. (Please note that we do charge a shipping fee.)