1-Acre Lot in Valencia County, NM

About This Property

Owner financing: $99 down plus a $195 document fee. Financed price $9,975. Term options: 1 year at 0% ($823/mo); 2 years at 9% ($451.18/mo); 5 years at 9% ($205.01/mo); 9 years at 9% ($133.75/mo). Pay-in-full price: $8,977 (10% cash discount). Per the seller, no business or commercial use is allowed while the property is under a loan contract. This is a fantastic approximately 1 acre residential lot in Valencia County. This would be an awesome spot for an Albuquerque commuter! This is a pretty and secluded area about 30 miles west of Albuquerque. And yet Interstate Highway 40 is only a 3.4 mile drive away. Highway 6 is only 1.6 miles away. Not only will you enjoy living away from the hustle and bustle, you will also enjoy Valencia County's lower property taxes. We believe that they average about 1/3 less than Bernalillo County. Located along Fama Road, a nice gravel road, electric power is available, it is presently only 93 yards away. Water will be by delivery or well if you choose that option. You will be only about half a mile from the intersection with Highland Boulevard. There are no home owners association and no property owners association. The legal description of this property is Highland Meadow Estates, Unit 6, Block 6, Lot 2. Great quality cheap land like this is becoming more and more scarce. Buy now before the price inevitably goes up. See the reasonable subdivision covenants here. For property usage questions, please call the county planning and zoning department at 505-866-2050.

Location

Highland Meadows Estates 6-6-2, Valencia County, NM

Owner Finance Terms

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YourCheapLand is a family-owned business specializing in undeveloped land in the American Southwest, with lots in Arizona, New Mexico, Texas, Utah, Colorado and Oklahoma. Owner financing is what they are best known for: most lots can be bought with $99 down, with terms from 1 year at 0% to longer terms at 9%. The land suits off-grid homesteads, cabins, tiny homes, RVs, camping, hunting and recreation. Contact Mike and Samantha for details on any property.