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Land with Home for Sale in El Prado, New Mexico

241 Tune Dr, El Prado, NM 87529

$1,038,000
5 acres
Active sale
$50k drop
Est $5,521/mo

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!

4,250
Sq feet
5
Beds
3
Full baths
1995
Built

Location

Street address
241 Tune Dr
Zip code
87529
Community
El Prado (19A)
Elevation
7,030 feet
Coordinates
36.4903, -105.6887

Directions

Between the main house and guest house there are 5 bedrooms and 3 bathrooms. Head West on HWY-64 towards the Gorge Bridge. Turn right onto Tune Drive (next to Airport Storage Building). Go approximately 2.4 miles and turn right onto Infinity Way. Last house on the left. No sign! Please do not come from Tune Dr on the other side of Hondo - the road may be flooded or washed out!

Property details

Acreage
5 acres
Zoning
Neighborhood Co
MLS #
TAOSMLS 114525
Posted

Property taxes

Recent
$2,609 - As per title

Parcels

  • 1068154092342

Details and features

Listing

Type
Residential

Lot

Features
Corner Lot

Exterior

Pool
Porch
Structures
Corral(s)
Features
Dog Run, Gravel Driveway, Hot Tub Spa, Shed

Structure

Style
Pueblo
Stories
1
Water
Well
Sewer
Septic Tank
Heating
Electric, Fireplace(s), Passive Solar, Radiant, Solar, Wood, Wood Stove
Materials
Stucco, Wood Siding
Roof
Flat, Metal, Mixed

Interior

Rooms
Bathroom x 3, Bedroom x 5
Flooring
Concrete, Tile
Fireplaces
Yes
Appliances
Dishwasher, Double Oven, Dryer, Electric Oven, Electric Range, Freezer, Gas Oven, Gas Range, Refrigerator, Washer
Features
Beamed Ceilings, Walk In Closets

Property utilities

CategoryTypeStatus
PowerSolarConnected
GasPropaneConnected

Listing history

DateEventPriceChangeSource
July 24, 2026Price drop$1,038,000$50,000 -4.6%TAOSMLS
Apr 17, 2026Price drop$1,088,000$111,000 -9.3%TAOSMLS
Mar 18, 2026Price drop$1,199,000$100,000 -7.7%TAOSMLS
Feb 5, 2026New listing$1,299,000—TAOSMLS
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This 5-acre property is located at 241 Tune Dr in El Prado, NM 87529. The property is available for sale, priced at $1,038,000. It has a 4,250 square foot 5-bedroom, 3-bath house built in 1995.

Listed by Wild West Realty, (575) 776-4372

Checked 1 hour agoUpdated Source

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