0.5-Acre Lot in Canyon Del Rio Estates, NM

About This Property

Owner financing: $99 down plus a $195 document fee. Financed price $2,975. Term options: 1 year at 0% ($239.67/mo); 2 years at 9% ($131.39/mo); 4 years at 9% ($71.57/mo). Pay-in-full price: $2,677 (10% cash discount). Per the seller, no business or commercial use is allowed while the property is under a loan contract. Canyon Del Rio Estates is a beautiful undeveloped subdivision about 28 miles south of Albuquerque, in Valencia County. It is located in the eastern part of the valley, east of Belen and close to the Manzano Mountains and Cibola National Forest This property is Unit 4, Block 53, Lot 31. It is approximate 0.5 acre. You will love the Manzano Mountains, both for their breathtaking views and recreational opportunities. You will only be about 2 miles away from a gigantic acreage of US Forest Service land. The Cibola National Forest is one of our country's true treasures. The Monte Largo Trailhead is nearby to the east. The Trigo Trailhead is farther away northeast. This eastern part of the valley has higher elevation, and in addition to the Manzano Mountain views to the east, west of you will be a very long view over the valley. Lot 31's elevation is approximately 5,590 feet, and elevation gradually decreases down to about 4,840 feet in the Rio Communities over 9 miles away. There are very few people in this area. You will be living off grid, utilities have not been run this far out. Lot 31 has frontage on platted Hayden Place, and Progress Boulevard is only about a third of a mile away. Hayden Place and other nearby roads look like they haven't been driven in a long time. This can be a great secluded spot for you to occasionally camp or RV while holding the property for investment. There are no active homeowners association or property owners association.

Location

Canyon Del Rio Estates, Unit 4 Block 53 Lot 31, 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.