Rio Del Oro Investors - Unit 48 Block 33 Lots 40,41,42




Listing Overview
Price, acreage, and financing.
Property Description
These three great adjoining lots are west of the Manzano Highway, nearer Belen. They are less than 300 yards from the intersection of Sherrod Boulevard and De Haan Loop. Sherrod Boulevard connects Highway 47 to the Manzano Expressway.
To the south is the Chamesa development, to the southwest are the Rio Communities, and north of those is the La Merced Elementary School.
If you are one of the many people becoming excited at the activity in the Los Lunas and Belen area lately, you might want to grab up these properties as an investment stocking stuffer. Property for sale in this area has been getting investor interest, and you can still buy these now while they are still cheap land. Prices will inevitably go up.
This area Is now poised to explode! Facebook's new multi-billion dollar data center complex in Los Lunas opened in 2019. Four buildings are already complete, two more are under construction, and $40 billion in construction bonds have been issued so that another six buildings can be added. In February 2025 YourCheapLand prepared a summary of recent business activity. You can read it here.
You can use these properties for occasional camping and RVing while holding them for investment. Or you can combine them into a single property and apply for a building permit. Utilities have not yet been run into this area, for now it is off grid.
NOTE FOR INVESTORS: We have no special or insider knowledge of the area. However In our listings we have added "Investor" next to properties that we think might be of particular interest to people who are excited about area growth and looking for investment. The properties that we tag with "investor" are in areas near existing development and/or in areas where we have been seeing interest from land investors. However we are not financial consultants, you must do your own due diligence.
The approximate GPS coordinates for the corners of this group of lots:
34.671206 -106.704927
34.670743 -106.704986
34.670687 -106.705072
34.670771 -106.705802
34.670847 -106.705882
34.671006 -106.705862
34.670954 -106.705414
34.671257 -106.705374
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.
Additional Notes: Investor
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GPS Coordinates
34.670934, -106.705415
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
Owner-financed 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.
Cash price
$8,977
$159/mo
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