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$1,038,000

241 Tune Dr, El Prado NM, 87529

Built in1995
Property typeResidential

Overview

Active

Listed Feb 5, 2026

Updated 4 weeks ago

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!

$6,906/mo

Est. mortgage payment based on a $1,038,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$2,069
Tax Frequency
Annually

Listing Courtesy of Wild West Realty 575-776-4372.

The data relating to real estate for sale in this web site comes in part from the Internet Data exchange ('IDX') program of NM - Taos County Association of REALTORS Inc. (TCAR).  Real estate listings held by brokers other than OSO Elite Realty are marked with the IDX Logo.  All data in this website is deemed reliable but is not guaranteed.

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