5.41 ACRES IN COSTILLA COUNTY, COLORADO
See Below for Property Details
“Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.” – Franklin D. Roosevelt, U.S. president
This property is located near the border with New Mexico, just south of the Great Sand Dunes National Park and Preserve.
The property is about 2 hours and 25 minutes to Rio Grande National Forest and 1 hour and 5 minutes to Culebra Peak and 1 hour and 45 minutes to Pueblo.
The property is accessible via a dirt road, Honeysuckle Drive.
The lot is zoned Residential, which allows for single-family homes and mobile and manufactured homes.
“Ninety percent of all millionaires become so through owning real estate. More money has been made in real estate than in all industrial investments combined. The wise young man or wage earner of today invests his money in real estate.” – Andrew Carnegie, billionaire industrialist
CASH DISCOUNT PRICE
$5,175 $3199 + $395 DOCUMENT FEE
We accept personal checks, cashier’s checks, money orders and Zelle.
SELLER FINANCING AVAILABLE
$1 down with a $299 document fee and $199 per month for 26 months at 0% APR. No prepayment penalty. No credit checks.
HOLD PRICE $25
For $25 we can hold the property for you for 72 hours while you decide whether you want to purchase. If you buy the property, this will count toward the purchase price.
TITLE AND USE
What you can or cannot legally do on the land is controlled by the local government, not by us or any seller. Please contact the county, providing them with the parcel number, to confirm zoning, access, and available utilities.
Centerpoint Coordinates (appox.): 37.3230°, -105.5541°
GPS Boundary Coordinates (appox.): 37.3225282212323,-105.55313797128 ;37.323534999435,-105.55313847857 ;37.3235269929487,-105.555204153221 ;37.3225184694071,-105.555205569761
Legal Description: T.C.E. UNIT 7 BLK 9 LOT 3 CONT 5.41 AC (214-483) (QCD 374-434)
TAXES ARE PAID AND CURRENT
Annual taxes are $75.20. Taxes have been paid through 2019 and no back taxes are owed.
“Buy on the fringe and wait. Buy land near a growing city! Buy real estate when other people want to sell. Hold what you buy!” – John Jacob Astor, real estate and business mogul
FREQUENTLY ASKED QUESTIONS
Is there water available on site? Water would need to be a water haul service. According to our research, you cannot drill a well in this subdivision, but the county mentioned there is a water hauling service about 6 miles away and other homes in the area have installed cisterns.
Is there sewer service or do I need a septic tank? You will likely need to install a septic system or alternative system on site. A perc test has not been done on the lot.
Is there power available? Power would like need to be an alternate system.
Can I build a home on the lot? Yes, you can build on this lot.
Are there any improvements on the lot? No, the lot is vacant.
What kind of deed will I receive? You will receive a special warranty deed, which means the seller is guaranteeing that the property wasn’t encumbered during the time of his/her ownership.
How many people can be included on the deed? You can have as many people listed on the deed as you would like.
Can the deed be made out to an LLC? Yes, the deed can be made out to an LLC or corporation.
Does the property come with mineral rights? We buy all of our properties assuming that we only have the surface rights. In order to determine whether a particular property has mineral rights, you will usually need to hire a title company to run a mineral rights search going all the way back to the original homestead.
“Buying real estate is not only the best way, the quickest way, the safest way, but the only way to become wealthy.” – Marshall Field, entrepreneur
We completed an extensive due diligence process on this lot, but we recommend you do your own research as well. Take the time to get to know your new property before purchasing – it could remain in your family for generations!
“Buy land, they’re not making it anymore.” – Mark Twain, writer and humorist
Our mission is to offer high quality properties at reasonable prices, provide maximum transparency and always strive to do the right thing.
If you are interested in land investing, you can check out our article on How to Get Started in Land Investing.