Rio Grande Estates - Socorro - Unit 15, Block 1011, Lot 14
Listing Overview
Price, acreage, and financing.
Property Description
Property Overview
Rio Grande Estates is a mostly undeveloped subdivision in Socorro County. Lot 14 is about 175 yards away from U.S. Highway 60, and the turnoff onto Escobar Street is less than 3 miles from the intersection of HIghway 60 with State Highway 304. This is virtually unrestricted land for sale in New Mexico.
This property was originally laid out as a commercial lot, as indicated by the four digit block number. Highway 60 goes to the east past Amarillo, Texas. On its way through New Mexico it goes through Socorro, Datil, Encino, and Clovis. To the west it goes to and past Phoenix, Arizona.
There is no zoning in Socorro County, so you are not limited to commercial uses for Lot 14. You can RV or camp on your property indefinitely while you hold it for investment. There are no subdivision restrictions, you just have county and state regulations. There are no Property Owners Association or Home Owners Association.
Lot 14 is approximately 0.7 acre. Utilities have not been run to the property, but power is only about 150 yards away. If you want to construct a residence then you will need to discuss building permit requirements with the New Mexico Regulation and Licensing Department Construction Industries Division at 505-476-4700.
The mountain views are great. You will be close to Belen and Los Lunas, and can take advantage of the passenger rail system for trips to Albuquerque and Santa Fe.
Property Location
The approximate GPS coordinates of Lot 14’s corners are:
Northwest 34.419523° -106.738875°
Northeast 34.419523° -106.738543°
Southeast 34.418697° -106.738543°
Southwest 34.418698° -106.738875°
Cheap land of good quality is getting harder to find. You should buy now before the price inevitably goes up.
Important Buyer Note
No business or commercial activity of any kind is allowed involving a property under loan contract. Any plans you might have of a commercial nature must wait until the property is paid for in full and ownership has been transferred to you.
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GPS Coordinates
34.419089, -106.738733
Owner financing terms are set by the seller. Ask about qualification.
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Your Monthly Payment
$120/mo
Owner-financed price
$8,975
Interest Rate
9.00%
Document Fee
$195
Term Length
108 months
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Financing availability, credit requirements, approval timing, payment flexibility, and ownership transfer details can vary by seller and property. Review the listing and agreement before moving forward.
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Frequently Asked Questions
Find answers to common questions about this property.
General
Contact: Rob Ashbaugh
Your Cheap Land specializes in providing affordable land for sale in Colorado, Utah, Texas, Oklahoma, Arizona, and New Mexico. We aim to make land ownership accessible to everyone, regardless of budget. We own the land we sell We are not brokers and we are not middlemen for anonymous sellers. Our family name, Stephens, will show in the county ownership record of each property. By selling direct we avoid realtors’ fees and advertising expenses, which allows us to offer high quality land for sale at low affordable prices. Finance through us We also offer our own financing, for which everyone qualifies, with no credit check. There will never be a lien or back taxes owed on any property that we sell. We always have done, and always will do, whatever we can to ensure that your real estate purchase is easy and worry free. Whether you are purchasing your land for investment, to build, or for recreation, we are happy when you are happy! Find your dream property Please take some time to look through our properties for sale. You may be looking for ranch land, mountain land; desert land, forested land, ¼ acre or dozens of acres or something in between. Whatever your goal is we want to help you reach it easily, quickly, and yes, cheaply!
Interested in This Property?
Submit an offer and we'll get back to you promptly to discuss the details.
Important Disclaimer:
Buyers are responsible for conducting their own due diligence, including but not limited to: verifying property boundaries, utilities availability, zoning restrictions, access rights, and any HOA requirements. We recommend visiting the property in person and consulting with professionals before making a purchase decision. All information provided is believed to be accurate but not guaranteed.
Owner financing: $99 down / $120/mo
LandyDandy checks only the seller's email address. Close through a title company you choose to stay protected.
Cash price
$8,077
$120/mo
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