Listing LD6264
Owner financing

Rio Del Oro Tract 43

Cash price$2,900$999 down / $104/mo
Valencia, NM0.25 acres
Rio Del Oro Tract 43 - Image 1
Rio Del Oro Tract 43 - Image 2
Rio Del Oro Tract 43 - Image 3
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Rio Del Oro Tract 43 - Image 6

Property Description

Rio del Oro Subdivision is a very large development consisting of 47,000 acres located between Belen and Los Lunas, east toward the Manzano Mountains. The area really boasts some of the finest unspoilt nature in the US and has all the conveniences of a nearby major city, Albuquerque, and you can even get there by taking a new commuter solar train running to Belen and even Santa Fe. Rio Del Oro lots can provide a solution for all budgets. The open countryside, with its native grasses, wildflowers and the nearby Manzano Mountains towering over 10,000 feet, provide a picturesque backdrop to the property. The Manzano Mountain Wilderness covers nearly 37,000 acres, encompasses most of the mountain with incredible hiking, cross country skiing and an abundance of wildlife. The main population of the area is along the I-25 corridor and the Rio Grande River. The Rio Communities lie to the east of this main corridor. There are scattered subdivisions throughout this area and there are other areas of no development. There are many nice homes in the already developed areas. This undeveloped corner lot is located in Unit 43 North of the Rio del Oro Loop. Utilities: Power, phone, water and sewer currently serve the development primarily in units 46, 55, 57 and exist in whole or part in units 47 through 64, extensions have not been made to this Unit. Current local and state environmental regulations do not allow wells or septic systems to be installed on lots of this size. We believe that this property is best suited for short to long-term investment and/or recreation rather than residence.
NOTE: In order to build on these lots, drill a water well, and add septic, you have to have a minimum of .
75 acres or 3 contiguous .25 acre lots. If you buy a single .25 acre lot you can only camp (RV, tent, camper, etc.) up to 45 calendar days per year. You can contact the Construction Industries Division of New Mexico (CID) and get an approval for a cabin/no wheels attached with a composting toilet/port-a-potty and a water catchment system if you wish, but it will be up to the CID to approve this. Assessors Parcel Number: 1-010-029-460-192-000450 Legal Description: RIO DEL ORO Block: 8 Unit: 49 Lot: 43 Annual Taxes: $3/year Parcel Size: 0.25 Acres +/- Zoning: Planned Development / RR-1 Rural Residential Terrain: Flat to Rolling in Nature, Desert climate and vegetation Access: Public Dirt/Gravel from paved highways Utilities: See main description Build A Residence on lots 0.75+ acres RV & camp up to 30 days per year!
Mobile Homes Allowed on 0.
75+ acres

0.25
Acres
10,890
Square feet
County
Valencia
State
NM

Land Characteristics

Terrain and setting
Mostly flat
Owner Financing Options

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Months
20 Months20 Months

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$999 (min)$2,900

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Put $1,000 more down for Enhanced: 5% off the price, 10.49% interest

This is the minimum down payment for this property

Your Monthly Payment

$104/mo

Basic plan

Owner-financed price

$2,900

Interest Rate

10.99%

Document Fee

$249

Term Length

20 months

Total of Payments$2,089
Total Cost$3,337

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Part of the developmentRio del OroSee all 7 lots →

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General

Rio del Oro

Listed By
OnlineLandHub.com

Contact: Wilson McDermott

Buy land with Online Land Hub. Guaranteed Owner Financing Available! From off-grid living to vacations spots and investments, we have something for everyone!

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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.

$2,900

Owner financing: $999 down / $104/mo

OnlineLandHub.com

OnlineLandHub.com

Wilson McDermott
All OnlineLandHub.com Listings

Cash price

$2,900

$104/mo