Tierra Grande
Owner financing terms
The same terms apply to every tract in Tierra Grande.
Terms from 1 to 7 years: 0% interest on a 1-year term, 9% on longer terms. $195 document fee. 10% discount for paying in full.
About Tierra Grande
5 Acre & Larger Residential Building Lots Beautiful Mountain Views ~ Less Than 40 Miles South Of Albuquerque Tierra Grande is an exciting subdivision-in-progress conveniently located along Highway 47 southeast of Belen, New Mexico. Properties in the subdivision are for single family residences only, with a minimum lot size of 5 acres. The Rio Grande River Valley holds the bulk of central New Mexico's population. Interstate 25 runs through this valley, and the mountains on the valley sides are not buildable. Earlier expansion went north of Albuquerque, but now that area is so congested that expansion south is the logical next step. Kirtland Air Force Base and the Isleta Indian Reservation mean that the land off of the Los Lunas and Belen I-25 exits are likely expansion targets. This area Is now poised to explode! Facebook's new $1 billion data center complex in Los Lunas opened in 2019, and has added a lot of good jobs to the area. Facebook is expanding the complex with an additional five buildings, and this mega data center is expected to attract other high tech companies to the area as well. At the very next exit to the north on I-25, they are in the final phases of a large 1,500 home subdivision. Another developer has purchased a 6,000 acre tract near the same exit and is developing it. Valencia County's population has grown an unbelievable 46% in the last 10 years alone. The city of Belen already has a population of 6,900 and the "Rio Communities" have another 5,800. This area is rapidly growing in value and popularity. A new Interchange off of I-25 is in the works. This project in conjunction with a new east-west corridor will connect I-25 to State Highway 314, across the Rio Grande River and then on to State Highway 47 where these Rio Communities are located. The bypass will make the Rio Communities more accessible and create more traffic through the area. The Rio Communities are currently the last large vacant tract of land in the area and with easier access, growth will be coming this way! In the immediate Belen area there is a Walmart Super Center, IGA Grocery, Staples, community center, senior center, museum, The University of New Mexico Valencia Campus, as well as the normal array of schools, churches, health care, etc. With convenient access to Interstate 25, all other amenities are just a short drive away in Albuquerque. The very next exit north on Interstate 25 has another Super Walmart as well as Walmart's central distribution center for the entire state. On up I-25 is Albuquerque, which is the largest city in New Mexico, and is home to the Annual International Balloon Fiesta. And don't forget the large resort and casino in Isleta that is just a 25 minute ride away. We have added updates to our summary of area business activity. You can read it here. The Regional Transportation District has launched the Passenger Rail System and it is now in operation. This connects the Belen / Los Lunas area directly with Albuquerque. Residents are now able to live in the Belen area and work in Albuquerque, and commute on this light rail system. And they have extended this rail system clear to the state capital of Santa Fe. What makes Tierra Grande so attractive isn't just its location in an area of possible expansion. It is the nature of the subdivision itself. There is a HOA with modest annual fees(only $50 - $75 per year), protecting property values and working toward the development of the subdivision. A big part of what they do is preserving the beauty of the area. Modular homes, premanufactured homes, mobile homes, and commercial operations are not allowed. These are residential sites with