T6-BLK103-Lot12

Located in the Timberon Subdivision Unit 6 Block 103 Lots 12

Section: T6-BLK103-Lot12
Address: 303 Hoover Dr, Timberon, NM 88350
Size: 0.509 acre
Description: Level. Across road from stream.
Est. Taxes: Similar lots average about $20-$30 a year
Price: $25,000
Sale Price:
Terms: Cash: 20% cash discount = $20,000

Down payment: $500

Document Fees: $299

Select Monthly Option: Choose your length of payment at time of purchase, 5-30 yrs., no penalty for early payoff.

Option 1: Mail payment in each month: 11% interest
5 years = $532.69*, 10 years = $337.49*
20 years = $252.89*, 30 years = $233.32*
Option 2: Automatic draft of monthly payment: 10% interest
5 years = $520.55*, 10 years = $323.77*
20 years = $236.43*, 30 years = $215.01*

*Land payment only. Does not include Escrow fee.

Notes: This lot zoned for a single-family residence. Residential Only. Horses and household pets allowed. All utilities accessible to lot, no time limit to build.

Please note, The Architectural Control Committee no longer exists.

Restrictive Covenant 1

Restrictive Covenant 2 amendment

For more information about this lot please use the contact form below or use the contact info on our Contact page.

Timberon Water & Sanitation Dept. (575) 987-2250
http://www.timberonwater.com/water-rates-and-charges/
Standby Fee: $61.15 a year per lot
Initial Water Meter Install: $675
Average Basic Monthly Water Bill (including Trash Service): $57.75
Facilities & Services Fee: $30 a year per lot

Electric

The Otero County Electric Company link for information about getting power to your lot is at:

www.ocec-inc.com/content/new-construction

Septic (New Mexico State Liquid Waste Regulations)
https://www.env.nm.gov/liquid_waste/laws-and-regulations/

Septic for small lots: These options apply to lots that are less than ¾ acre:

ATM Advanced Treatment Unit. more expensive // are Small water treatment plants require maintenance & sampling

SPLIT FLOW SYSTEM – 2 plumbing systems gray water into regular septic black water into holding tank (1000 gal typical)

ET BED Septic tank w/ sand & gravel bed 120 X 120

RV must be into a tank

Contact for this area is Michael Montoya NMENV (575) 288-2050 or (575) 649-4107.

Another resource is the New Mexico Environment Department website for the most current information on residential and commercial requirements for septic systems.
https://www.env.nm.gov/fod/LiquidWaste/guidance.html

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