$1,038,000
241 Tune Dr, El Prado NM, 87529
Built in1995
Property typeResidential
Overview
Active
Listed Feb 5, 2026
Updated 6 days 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 Kendra Lucero-Matteucci are marked with the IDX Logo. All data in this website is deemed reliable but is not guaranteed.
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