ZONING: Residential
POWER/PHONE: on the road! See photo below.
WATER: well, buyer installs. I was told it would cost a few thousand dollars.
SEWER: septic tank, buyer installs. I was told it would cost a few thousand dollars.
TERRAIN: Flat to rolling.
REAL ESTATE TAX: EXTREMELY LOW! Approximately $25/year! See 2024 paid invoice below.
HOMEOWNERS’ ASSOCIATION FEES: None!
TIME TO BUILD: No requirement as to when to build on it. You can build anytime you want!
SIZE OF PROPERTY: The land is 10 ACRES = 40,468 sq mtrs = 435,600 sq ft
Pay $4,000 down and the balance of $36,000 at ZERO% INTEREST over 100 monthly payments or $ 360 a month. The land will remain as collateral (security) until the entire loan is paid off. Then title will be transferred to seller. The entire transaction will go through a local Deming (NM) based title company to protect both parties.
Just pay US$36,000 in cash. The buyer and seller will sign a Land Contract which will be forwarded to a local Deming (NM) based title company that will handle the entire deal to protect both parties. SAVE $4,000.
Below are current listings of similar lands of different sizes but in the same area as my 10-acre land. You will see that my 10-acre land at $40,000 price is very competitive!
A) 10 acres in the same area as mine. Selling price is $46,000. Mine is on a
paved road and with electricity and phone lines on the road
B) 2.5 acres in the same area as mine. Asking price for these 2.5 acres is $25,000. At this price per acre, mine should be listed at 4 x $25,000 or $100,000. I am only asking $40,000!