Listing LD7617
Owner financing

Estancia Ranchettes - Unit 2A Block 1 Lots 23 & 24

Price$5,355$99 down / $105/mo
Torrance, NM1.9 acres
Estancia Ranchettes - Unit 2A Block 1 Lots 23 & 24 - Image 1
Estancia Ranchettes - Unit 2A Block 1 Lots 23 & 24 - Image 2
Estancia Ranchettes - Unit 2A Block 1 Lots 23 & 24 - Image 3
Estancia Ranchettes - Unit 2A Block 1 Lots 23 & 24 - Image 4
Estancia Ranchettes - Unit 2A Block 1 Lots 23 & 24 - Image 5

Property Description

This is great residential rural land. You can build your dream homestead here. These two adjoining lots give you a total of approximately 1.9 acres. These are nice flat properties with platted road frontage on their south side that you can leave as is or grade in as you see fit. Very close to two good maintained dirt roads that run through the subdivision. You can treat these lots separately or combine them for one large property.

There is no requirement that you build, and no time limit. You can camp or RV on your properties for up to 3 months per year while holding them for investment.

They are just over 2.5 miles south of Interstate Highway 40, close enough for convenience but far enough for the peace that you're looking for. Utilities have not been run this deep into the subdivision yet, you will be living off grid.

There are no homeowners association (HOA) or property owners association (POA). There are no subdivision restrictions.

Utilities have not been run to this part of the subdivision yet. Electricity is about 1/2 mile away.

Driving directions:

From the intersection of State Highway 41 and Interstate 40 in Moriarty.

Drive east on Interstate 40 for about 7.5 miles.

Take Exit 203 toward County Road A123.

350 feet later turn left onto Old Route 66.

After 0.8 mile turn right onto Rosa Dr W (County A125).

2.6 miles later turn right at 34.967114 -105.899958.

161 yards later the southeast corner of these properties will be on your right.

Approximate GPS coordinates of the corners of this pair of lots:

Northwest: 34.967750 -105.902683

Northeast: 34.967750 -105.901564

Southwest: 34.96714° -105.902683

Southeast: 34.967147 -105.901564

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.

1.9
Acres
GPS Coordinates (Center)
34.967409, -105.902106
Parcel Boundaries
P1: 34.967744, -105.901541 P2: 34.967074, -105.901543 P3: 34.967076, -105.902667 P4: 34.967744, -105.902675
4 boundary points.
County
Torrance
State
NM
Subdivision
Estancia Ranchettes
Property Location

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GPS Coordinates

34.967409, -105.902106

Owner Financing Options

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

Years
2 Years6 Years

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$
$99 (min)$5,950

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This is the minimum down payment for this property

Your Monthly Payment

$105/mo

Financing Price

$5,950

Interest Rate

9.00%

Document Fee

$195

Term Length

72 months

Total of Payments$7,594
Total Cost$7,888

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.

$5,355

Owner financing: $99 down / $105/mo

Your Cheap Land

Your Cheap Land

Rob Ashbaugh
All Your Cheap Land Listings

Listing Price

$5,355

$105/mo