174 Agua Fria Loop, Quemado, NM 87829
This exceptional 3.3-acre property is nestled in the beautiful Spring Canyon Ranch outside of Quemado, New Mexico. Situated at approximately 8000 feet elevation, the land is heavily timbered with juniper and pinion trees, offering several private building sites. Enjoy year-round access via maintained roads, with power, phone, and water readily available at the lot line. The property is part of a community with a homeowner's association and community center. An attractive owner financing option is available, requiring a $5,000 down payment, a 5% interest rate, and a 5-year term with monthly payments of $471.78. The buyer is responsible for annual property taxes, HOA fees, account servicing, and setup fees. There is no prepayment penalty. The location provides convenient access to nearby towns, with Springerville, Arizona approximately 45 minutes away and Quemado, New Mexico just 20 minutes away. Major airports are also within reach, with Albuquerque International Sunport about 2 hours, and Phoenix, Tucson, and El Paso all within a 5-hour drive. This is a unique opportunity to own a piece of this tranquil New Mexico landscape.
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
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Property description
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Risks
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