About This Home

This 0-bedroom, 0-bathroom single family at 241 Tune Dr in El Prado, NM is listed for $1,038,000. Built in 1995, on a 5.00 acres lot.

Key Features

  • Built in 1995
  • 5.00 acre lot

Property Details

1995
Listing Description

Three Houses in One! OWNER FINANCING AVAILABLE!!! $350K Down, 3.3% interest rate!!! An Earthship split into a duplex by a shared mechanical room (each unit 1 bed/1 bath) and a Quonset Home with an addition added on as a second home (1 bed/1 bath). The Quonset building has plumbing to add a bathroom and kitchen and a loft used as a bedroom.

This parcel contains five acres with horse infrastructure already established: a well-built barn to keep your hay dry in the winter and wet seasons, fencing, and an outdoor stable. The property still has about 2 acres to add more fencing or living spaces to.

Highest monthly income is $6,500 and at $78,000 a year, this investment property is unbeatable compared to other multi-family homes on the market. Sellers are very flexible with pricing and offer owner-financing and a long-term loan up to 22 years with half the interest rate a bank would offer!

You could choose to live in one of the units and rent out 2/3 for a monthly income of $4,000 with an annual income of $48,000! If you finish the Quonset House you can add more passive income and even rent out stalls/stables for more monthly income! This property is the epitome of passive income for a homeowner or investor ready to have an influx of cash. Call today for more info and let us know what you would offer - sellers are motivated!

Monthly Cost Estimate

$5,551/mo

20% down · 6.5% · 30 years

Principal$751
Interest$4,498
Insurance$303

Estimates only. Actual payments may vary.

Location

241 Tune Dr

El Prado, NM 87529

Questions & Answers

This 0-bedroom, 0-bathroom single family at 241 Tune Dr is listed at $1,038,000. The estimated monthly payment is $5,552 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1995, 5.00 acre lot.

This property is listed by Josephine Esquibel.

JE

Josephine Esquibel

License REC-2024-0220

Agent at Wild West Realty

Listed by Wild West Realty · Broker phone: 5757764372 · View on Broker Site

MLS# 114527· Source: Enchanted Circle Association of REALTORS®· 270 days on PropertySimple

Copyright © 2026 Enchanted Circle Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

241 Tune Dr, El Prado, NM 87529

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