Owner Finance Terms
#L06687-1 10 Acres in Luna County, NM $8,999 ($106.24/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. 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.
- ATN:3 039 164 060 245
- GPS Marker: 31.88677, -107.53942
- Legal Description: Lot 185 Pancho Villa Ranches
- Current Zoning:
- Tax District:
- Size: 10 Acres
- Terrain: Varried
- Power/Water: Property Taxes: $62.92 / YR
- HOA Fees: N/A
- Luna County
- Luna County Planning and Development
- Luna County GIS Map System
- New Mexico Water Well Info
- Code of the West: Luna County "Realities of Rural Living"
Purchase Price: $8,999.00
Interest Rate: (8%)
Loan Term: 15 Years
Monthly Payment: $85.99
TOTAL DUE TODAY
Down Payment: $1.00
Document Fee: $199.00
DUE TODAY: $200.00
Land Payment: $85.99
Property Tax: $.5.25
HOA/ Assoc. Fees: N/A
Monthly Servicing Fee: $15.00
TOTAL MONTHLY PAYMENT: $106.24
CASH PRICE: $8,999.00 + Taxes and Fees
Be sure to reference L06687-1 in any correspondence.
$1 down payment and $199 document fee for lot #L06687-1 in New Mexico. Your welcome packet, contract, and 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.)
The information within this listing is posted by a private or third-party seller and we do not guarantee the accuracy of the information enclosed. We encourage to always verify ownership and property details listed. As a precaution, due diligence in any real estate transaction is encouraged and closing through a verified title company is advised. To the maximum extent permitted by law we do not accept any responsibility to any person for the accuracy of the information herein.