5.75-Acre Lot in Canyon Del Rio Estates, NM

About This Property

Owner financing: $99 down plus a $195 document fee. Financed price $12,975. Term options: 1 year at 0% ($1,073/mo); 2 years at 9% ($588.24/mo); 5 years at 9% ($267.28/mo); 10 years at 9% ($163.11/mo). Pay-in-full price: $11,677 (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 3, Block 16, Lot 8. It is large, approximately 5.75 acres. You will love the Manzano Mountains, both for their breathtaking views and recreational opportunities. You will only be about 2.5 miles away from a gigantic acreage of US Forest Service land. The Cibola National Forest is one of our country's true treasures. You will be north of the Monte Largo Trailhead, and south of the Trigo Trailhead. 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 8's elevation is approximately 5,385 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 8 has frontage on platted Filmore Loop, and Newcastle Boulevard is only about 280 yards to the south. This can be the homestead of your dreams, or a secluded spot for you to occasionally camp or RV while holding the property for investment. If you do decide to build, Valencia County's property taxes are usually about 1/3 less than Bernalillo County's.

Location

Canyon Del Rio Estates, Unit 3 Block 16 Lot 8, Valencia County, NM

Owner Finance Terms

Similar Homes in NM

Interested in this home?

Send the seller a direct message to ask questions, schedule a showing, or request terms.

Ownsley is a listing marketplace only. Always consult a licensed attorney before signing any RTO agreement. Learn more →

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.