Listing LD7858
Owner financing

Deming Ranchettes - Unit 116 Block 1 Lot 5

Price$1,777$99 down / $86/mo
Luna, NM0.5 acres
Deming Ranchettes - Unit 116 Block 1 Lot 5 - Image 1
Deming Ranchettes - Unit 116 Block 1 Lot 5 - Image 2
Deming Ranchettes - Unit 116 Block 1 Lot 5 - Image 3

Property Description

This approximately 0.5 acre recreational and residential property has frontage on Palo Alto Road SE, a good road. It is only 4 lots away from the intersection with Marana Road, the major road through the area.

Just across the street is 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 an easy 25 miles away. To the best of our knowledge electricity is 162 yards away, but it might be closer

Unit 116 does not have subdivision restrictions.

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 ¾ of an 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.

You still will need a water well if you are not connected to a municipal water supply. This is possible with a ½ acre lot if conditions are right for a water well and for an advanced treatment system. You may also be able to use a well jointly with another land owner.

For more information specific to Luna County call the county building and planning department: 575-546-0494.

The approximate GPS coordinates of Lot 5's corners:

Northwest 32.082197 -107.482847

Northeast 32.082197 -107.482488

Southeast 32.081677 -107.482488

Southwest 32.081677 -107.482847

Important Buyer Note

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.

0.5
Acres
GPS Coordinates (Center)
32.081937, -107.482668
Parcel Boundaries
P1: 32.082200, -107.482464 P2: 32.081677, -107.482488 P3: 32.081675, -107.482872 P4: 32.082197, -107.482848
4 boundary points.
County
Luna
State
NM
Subdivision
Deming Ranchettes
Property Location

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GPS Coordinates

32.081937, -107.482668

Owner Financing Options

Owner financing terms are set by the seller. Ask about qualification.

Years
1 Year2 Years

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$
$99 (min)$1,975

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This is the minimum down payment for this property

Your Monthly Payment

$86/mo

Financing Price

$1,975

Interest Rate

9.00%

Document Fee

$195

Term Length

24 months

Total of Payments$2,057
Total Cost$2,351

Confirm seller financing terms

Financing availability, credit requirements, approval timing, payment flexibility, and ownership transfer details can vary by seller and property. Review the listing and agreement before moving forward.

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General

Listed By
Your Cheap Land

Contact: Rob Ashbaugh

Your Cheap Land specializes in providing affordable land for sale in Colorado, Utah, Texas, Oklahoma, Arizona, and New Mexico. We aim to make land ownership accessible to everyone, regardless of budget. We own the land we sell We are not brokers and we are not middlemen for anonymous sellers. Our family name, Stephens, will show in the county ownership record of each property. By selling direct we avoid realtors’ fees and advertising expenses, which allows us to offer high quality land for sale at low affordable prices. Finance through us We also offer our own financing, for which everyone qualifies, with no credit check. There will never be a lien or back taxes owed on any property that we sell. We always have done, and always will do, whatever we can to ensure that your real estate purchase is easy and worry free. Whether you are purchasing your land for investment, to build, or for recreation, we are happy when you are happy! Find your dream property Please take some time to look through our properties for sale. You may be looking for ranch land, mountain land; desert land, forested land, ¼ acre or dozens of acres or something in between. Whatever your goal is we want to help you reach it easily, quickly, and yes, cheaply!

Interested in This Property?

Submit an offer and we'll get back to you promptly to discuss the details.

Important Disclaimer:

Buyers are responsible for conducting their own due diligence, including but not limited to: verifying property boundaries, utilities availability, zoning restrictions, access rights, and any HOA requirements. We recommend visiting the property in person and consulting with professionals before making a purchase decision. All information provided is believed to be accurate but not guaranteed.

$1,777

Owner financing: $99 down / $86/mo

Your Cheap Land

Your Cheap Land

Rob Ashbaugh
All Your Cheap Land Listings

Listing Price

$1,777

$86/mo