Rio Grande Estates - Socorro - Unit 15, Block 1011, Lot 38
Listing Overview
Price, acreage, and financing.
Property Description
Property Overview
This is virtually unrestricted land for sale in New Mexico. Rio Grande Estates is a mostly undeveloped subdivision in Socorro County.
Lot 38 was originally platted as a commercial property. And being conveniently located close to the highway, this could be a great spot for your business. However you are not limited to commercial uses. You can RV or camp on your property indefinitely while you hold it for investment. Or you can build your dream homestead. There are no subdivision restrictions, you just have county and state regulations.
Electricity is available, power is just one lot away. For detailed information please contact the electric utility PNM . For water you can contact a well driller to see if that is a good choice for you, or use haulage.
You will have great mountain views.
There are no Property Owners Association or Home Owners Association.
Property Description and Access
Lot 38 is a large, approximately 0.63 acre property. It is less than a quarter of a mile from Highway 60. Highway 304 is only 3 miles away; Interstate Highway 25 is 6 miles away; Highway 47 is just over 11 miles away.
Lot 38 is along Escobar Street, which comes directly off of Highway 60.
The approximate GPS coordinates of Lot 38’s corners are:
Northwest 34.418572 -106.730928
Northeast 34.418572 -106.730018
Southeast 34.418295 -106.730068
Southwest 34.418295 -106.730928
Driving Directions
From Los Lunas, New Mexico.
Drive south on Interstate Highway 25 for 28.2 miles.
Take Exit 175 for US-60 E toward Bernardo / Mountainair.
0.1 mile later continue onto US-60 E.
6.4 miles later turn right onto Escobar St.
0.2 mile later you will be at Lot 38.
Important Buyer Notes
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.
For any questions regarding building please contact the New Mexico Regulation And Licensing Department .
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GPS Coordinates
34.418433, -106.730486
Owner financing terms are set by the seller. Ask about qualification.
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This is the minimum down payment for this property
Your Monthly Payment
$159/mo
Financing Price
$9,975
Interest Rate
9.00%
Document Fee
$195
Term Length
84 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 / $159/mo
LandyDandy checks only the seller's email address. Close through a title company you choose to stay protected.
Listing Price
$8,977
$159/mo
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