Timberlake Ranch - 2 lots combined for greater acreage with available Owner Financing. This property is accessed off Timberlake Road and Cottonwood Drive for easy access, privacy, mostly flat terrain with large ponderosa pines and pinion trees. There is Arroyo through the property with access to power off the north end, elk and deer tracks crisscross the land. Views of the red cliffs, makes this a beautiful place for camping or building a home. Wells in area. Close to HOA Common Grounds for hiking and horse riding. Access to Cibola National Forest is nearby. Local Fire and EMS. Ramah Lake with landowner access. Lots of wildlife. Community well access for short term camping use.
Property Details
Property Features
Listing Office:
Office Name: Sandia Peak Realty
Office Phone: (505) 401-0496
Listing Agent: Adam Pehrson
Lot Features
Lot Information:
Lot: Meadow, Views, Wooded, Stream/Creek
Lot Size: 12.56 Acres
Other
Directions Information:
Directions: I-40 Grants take Hwy 53 South and just before Ramah turn Right on Canyon Road (aka Timberlake Road) and go 2.8 miles to entrance of Timberlake; continue an additional 7 miles; keep left at Y fork in the road (right goes to FR157); continue to Cottonwood Drive and turn right then property will be on the left.
Price Information
Listing Price Info
Price Summary:
List Price: $65,000
HOA Fees:
Amount: $460
Frequency: Annually
What can I afford?
Understand what home price range makes sense for your budget.
MLS Details
MLS Information:
MLS Name: SWMLS
MLS Number: #1064004
Listing Office:
Office Name: Sandia Peak Realty
Office Phone: (505) 401-0496
Listing Agent: Adam Pehrson
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$430
Per Month
Principal & Interest
$325
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$38
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$261
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Shiwi Ts'ana Elementary School
38 Zuni Route 301 North
Distance between this listing and this school1.65 miles
Public District Grades PK-5
3
/10
David Skeet Elementary School
Jones Ranch Rd 45
Distance between this listing and this school15.54 miles
Public District Grades PK-5
5
/10
Ramah Elementary School
17 Evans Circle
Distance between this listing and this school16.65 miles
Public District Grades PK-5
Nearby Schools
2
/10
Zuni Middle School
17 Mid School Dr
Distance between this listing and this school3.40 miles
Public District Grades 6-8
5
/10
Chief Maneulito Middle School
1325 Rico St
Distance between this listing and this school28.48 miles
Public District Grades 6-8
Nearby Schools
5
/10
Zuni High School
71 Rte 301 North
Distance between this listing and this school1.40 miles
Public District Grades 9-12
6
/10
Ramah High School
27 Lewis St
Distance between this listing and this school16.25 miles
Public District Grades 6-12
5
/10
Gallup High School
1055 Rico St
Distance between this listing and this school28.68 miles
The neighbors living near this home have an average income of $18,106. The most common annual income of people living in McKinley County, NM is less than $35k. The most common type of family is single, with kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About LOTS7-8 Cottonwood Dr
What is the listing price of this property?
The listing price of LOTS7-8 Cottonwood Dr property is $65,000.
What type of property is this?
The property LOTS7-8 Cottonwood Dr is land located in Ramah, New Mexico, 87321.
Is this property for sale now?
Active Listing: LOTS7-8 Cottonwood Dr is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property LOTS7-8 Cottonwood Dr is 12.56 acres.
Interested in LOTS7-8 Cottonwood Dr? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at LOTS7-8 Cottonwood Dr in Ramah, NM and zip code 87321. This home sits on a 12.56 acre lot. It has been listed on Rocket Homes since June 04, 2024 and is currently priced at $65,000.
Between September 2024 and October 2024, McKinley County, NM real estate market has seen decrease in the number of listings by 5.3%. While the average time on the market in October 2024 was 181 days, the median list price was $306,150.
From Rocket Homes Real Estate and based on county public records data.