Pancho Villa Ranches, NM 88029 – Luna County

Excellent investment property! Enjoy the privacy of this flat, untamed desert brush located in New Mexico! Get lost in the desert while you unplug and unwind on this expansive property! Great for camping and all rugged outdoor activities! Only 7 miles from the Pancho Villa State Park and the town of Columbus, NM and the alluring City of the Sun! The airport Hacienda Sur Luna is 6.5 miles. Nearby is the famous Florida Mountains Wilderness Study Area offering extensive recreational opportunities! About 9 miles away from the Mexican town of Puerto Palomas! Enjoy all the benefits of being by an enjoyable border town like cheaper goods and quality services!

Land #: L-06688

Owner #: 0104669

Legal Description: LOT 186 PANCHO VILLA RANCHES PLAT SLIDE NO. 535-538 TB0104669

County/State: Luna County, New Mexico

Size: 10 acres

The price of the property is $12,470.

>The closing cost and Deed filing and transfer is only a low $199.

There is also an option to purchase via seller’s financing and make monthly installment payments.

>A $299 down payment is required

>The monthly payment option is just $159/month at 8.0 % (APR) interest.  There are no prepayment penalties, and you can pay the loan down or off at any time saving on or avoiding future interest expense.

>Property taxes are pro-rated and added to your monthly payment. Yearly Property Tax= $66 or $5.50 per month.