274 Deer Cir, Quemado, NM 87829
This exceptional 25.98-acre property in Catron County, New Mexico, boasts breathtaking panoramic views from its high ridgetop location. The land gently slopes downhill to the west, offering several ideal building sites on smaller, elevated areas. Alternatively, build on the ridge for unparalleled vistas. The property is conveniently located adjacent to Bureau of Land Management land to the west, expanding recreational opportunities. An existing driveway provides access to lower portions of the property. This location is perfect for off-grid living or an equestrian enthusiast's dream. Situated within the Cimarron Ranch HOA community, residents benefit from maintained roads and community wells for water hauling. Site-built and manufactured homes are permitted, as are seasonal RVs. Enjoy the convenience of approximately 30-minute proximity to both Springerville, Arizona, and Quemado, New Mexico. Albuquerque is roughly 2.5 hours away, and Phoenix is approximately 4 hours away. Experience the charm of high plains ranch living at an elevation above 7000 feet. The asking price is $55,000. Seller financing is available with a $15,000 down payment, a $40,000 principal balance financed at 7% interest for 10 years, resulting in a monthly payment of $464.43. Note that this monthly payment excludes annual property taxes of $245 and annual HOA fees of $300 for three lots. Conventional financing is also an option. The property's address is 274 Deer Circle, Quemado, NM 87829.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.