Listing LD7807
Owner financing

Rio Grande Estates - Socorro - Unit 4, Block 177, Lot 5

Price$8,077$99 down / $120/mo
Socorro, NM1 acre
Rio Grande Estates - Socorro - Unit 4, Block 177, Lot 5 - Image 1
Rio Grande Estates - Socorro - Unit 4, Block 177, Lot 5 - Image 2
Rio Grande Estates - Socorro - Unit 4, Block 177, Lot 5 - Image 3
Rio Grande Estates - Socorro - Unit 4, Block 177, Lot 5 - Image 4
Rio Grande Estates - Socorro - Unit 4, Block 177, Lot 5 - Image 5
Rio Grande Estates - Socorro - Unit 4, Block 177, Lot 5 - Image 6

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 5 is in a great about just over 2 miles north of Highway 60. It is easy to get to, and electricity is only 2 lots away. There are some nice homes scattered through the area. 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.

You will have great mountain views.

There are no Property Owners Association (POA) or Home Owners Association (HOA).

Property Description and Access

Lot 5 is a large, approximately 1 acre property. Highway 60 is conveniently near, Interstate Highway 25 and Highway 47 are also just a few minutes away.

Lot 5 is on Alvarado Avenue, which comes off of Trevino Avenue.

For electricity 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.

The approximate GPS coordinates of Lot 5’s corners are:

Northwest 34.451754 -106.742844

Northeast 34.451754 -106.742029

Southeast 34.451267 -106.742029

Southwest 34.451267 -106.742844

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 left onto Escobar St.

1.7 miles later turn left onto Reyes Avenue.

1 mile later turn right onto Alvarado St.

0.3 mile later you will be at Lot 5.

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.

1
Acres
GPS Coordinates (Center)
34.451552, -106.742461
Parcel Boundaries
P1: 34.451798, -106.742056 P2: 34.451312, -106.742054 P3: 34.451305, -106.742866 P4: 34.451794, -106.742869
4 boundary points.
County
Socorro
State
NM
Subdivision
Rio Grande Estates - Socorro
Property Location

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GPS Coordinates

34.451552, -106.742461

Owner Financing Options

Owner financing terms are set by the seller. Ask about qualification.

Years
1 Year9 Years

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$
$99 (min)$8,975

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This is the minimum down payment for this property

Your Monthly Payment

$120/mo

Financing Price

$8,975

Interest Rate

9.00%

Document Fee

$195

Term Length

108 months

Total of Payments$12,982
Total Cost$13,276

Confirm seller financing terms

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

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General

Listed By
Your Cheap Land

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.

$8,077

Owner financing: $99 down / $120/mo

Your Cheap Land

Your Cheap Land

Rob Ashbaugh
All Your Cheap Land Listings

Listing Price

$8,077

$120/mo