Located Just Southeast of Albuquerque, NM near South Navajo Loop and Highway 47. These building lots will all have Great Building Sites with Excellent Views. This makes for a great investment for that dream house.
This one acre property is Lot 20, Block 19, Unit 1 in the Rio Grande Estates Subdivision. The Lot is 180 Foot wide and 240 Foot deep.
UTILITIES: There are utilities in the general area, but not to the property yet. In the mean time you can use a generator or go solar. Cell phones are normal. Water would be by well of approx 150 to 300 feet. Sewer would be by septic - when you build. ROADS: There is maintained county road frontage into this Subdivision. Every parcel has legal access on platted road frontage and these roads were all graded in several years ago. With little or no traffic since then, most of these roads will need a little clearing back up. TAXES: Less than $20 per year per lot and are current. Title is free and clear. RESTRICTIONS: There are no time restrictions on when to build, there are no requirements that you must build, and there are no association fees. Please confirm local building regulations match your intended use for the property. SURVEY MARKERS: Every property was surveyed and pinned when the subdivision was laid out and approved, although these markers may not all be visible today.
FINANCING AVAILABLE!!! PRICE: $1,975 + $195 Document Fee. Start payments now with a $294 down-payment. $195 covers the document fee and $99 will be subtracted from the full purchase price. The $1,876 balance can be paid at 0% interest if paid in 12 equal monthly scheduled payments of $156.33 per month. You can also choose one of these longer payment terms at 9% interest: 2 Years at $85.70 Per Month 3 Years at $59.66 Per Month
The Rio Grande Estates is a very large Under-Developed Community. The main population of the area is along the I-25 corridor and the Rio Grande River. This property lies to the east of this main corridor. You Will Only be a Couple of Miles From Shopping Centers, Businesses, Churches, Schools, a Senior Center, and Many Homes. Also nearby is the Tierra Del Sol Country Club & Golf Course, The University of New Mexico Valencia Campus and the large Resort and Casino in Isleta is just a 25 minutes away. The Annual International Balloon Fiesta held in Albuquerque each year! This property is close to the Rio Grande River and Route 304 and has Excellent Views of the Massive Manzano Mountains.
DEVELOPMENT: Valencia County's population has grown an unbelievable 46% in the last 10 years alone and now is over 69,000. The City of Belen already has a population of over 7,100 and the Rio Communities has another 5,800. This area is rapidly growing in value and popularity as well. There is a New Passenger Rail System that links the Belen / Los Lunas area directly with Albuquerque. Residents are able to live in the Belen area and work in Albuquerque, and commute on this light rail system. And this Rail System has recently been extended to the State Capitol of Santa Fe.
*1st 9 pictures show surrounding area. Last 4 show the property location.