.5 Acres, Investment & Recreation

Land Description

This fantastic 0.5-Acre property is in Valencia County, New Mexico, close to Belen. To eventually build, you will need a full acre. However, this area is expanding and is now poised to explode. Valencia County's population has grown an unbelievable 46% in the last 10 years alone, and this area is rapidly growing in value and popularity. The Rio Communities are currently the last large vacant tract of land in the area and have easy access. Inevitably, growth is coming this way. So this humble lot is a fantastic investment for your future, something that could be in the family for generations. You can decide whether you want to hold onto it to sell later and watch as the value increases, or whether you want to save it for your own future home. The choice is yours. Either way, you're a winner. We also have three others like it available, so contact us for information regarding a great bundle deal.

But enough about its potential. Right now, this property has legal access, beautiful terrain, and gorgeous views. There are also a handful of National Forest and wilderness areas within a short driving distance, which offer an incredible variety of outdoor activities such as mountain bike riding, hiking, camping, hunting, fishing, canoeing, snow skiing, horseback riding, and so much more. You can have a great time while you watch the value of your investment increase.

We are open to owner financing as well - here is what that would look like:

- Total Money Down: $275 ($25 down payment + $250 closing cost)

- Monthly: $69/Month for 36 months

See Info below:

- Subdivision: Rio Grande Estates

- State: New Mexico

- County: Valencia

- Zip: 87002

- Size: 0.50 Acre

- Legal Description: Subd: Rio Grande Estates Lot: 5 Block: 1401 Unit: V.50 Ac

- Lat/Long Coordinates:

34.629071, -106.697865 Nw

34.629132, -106.697472 Ne

34.628541, -106.697445 Se

34.628516, -106.697686 Sw

- Annual Taxes: Approximately $5.00/Year

- Zoning: Pd-Planned Development

- 1-acre minimum to build a house because 3/4 of an acre required for septic.

- Hoa/Poa: No

- Improvements: None

- Access: Yes, Dirt Road Access

- Water: Would be by well or possibly holding tank

- Sewer: 3/4 of an acre required for septic

- Utilities: Would have to contact the PNM Electric