6.8 Acres Only $1 Down, $199/Mo

Land Description

This plot is part of the existing Tierra Grande subdivision, which has some 1,900 other lots.

The subdivision is accessible from multiple highways, including Interstate 25, New Mexico Highway 47 and U.S. Highway 60 (which runs through Tierra Grande).

The area is zoned for single family residential and residents are allowed to keep 2 horses per 5 acres.

Homes in the area sell for an average price of about $114,000, so building a house is a great way to increase the value of this lot.

The parcel is located within the Tierra Grande Improvement Association. Please contact Tierra Grande for more information on their rules and regulations on building and land use.

Cash Discount Purchase Price: $5,499 + $395 Document Fee

We accept personal checks, cashiers checks, money orders and Zelle.

Seller Financing Available

$1 down with a $299 document fee and $199 per month for 41 months at 0% Apr. No prepayment penalty. No credit check.

Note: if you plan to purchase with owner financing and use the property for camping, please contact Tierra Grande before doing so.

Hold Price: $25

For $25 we can hold the property for you for 72 hours while you decide whether you want to purchase. If you buy the property, this will count toward the purchase price.

Title And Use

What you can or cannot legally do on the land is controlled by the local government, not by us or any seller. Please contact the county, providing them with the parcel number, to confirm zoning, access, and available utilities.

About Tierra Grande

Tierra Grande is a subdivision within Valencia County, New Mexico. As part of your purchase of this lot, you will buy into 14,000 acres of permanent open space, conserved and maintained by the Tierra Grande Improvement Association. The area also borders the Manzano Mountains, which has many trails for hiking, backpacking and horseback riding. The area is known for the beauty of its night sky, which has been declared by New Mexico as one of the states Most Endangered Cultural Resources.

About Belen

Belen is only 17 minutes away from Tierra Grande and is geographically at the center of New Mexico. There is a commuter railroad to Albuquerque and Santa Fe in Belen and several festivals throughout the year. The total population is around 7,000. Property values in Belen and Valencia County are likely to see a boost due to the upcoming construction of a Facebook data center in Los Lunas (15 minutes outside of Belen and 30 minutes from Tierra Grande). In addition, Los Lunas was recently awarded a federal grant to build water infrastructure out to its new Bnsf Central Rail Park. The construction of the rail park and its attendant infrastructure should bring lots of jobs to the area.

Utilities

Sewer: If you want to develop a home on the plot, you will need to build a septic system. The Tierra Grande Improvement Association recommends the following companies: LAV Construction/Septic, RC Septic, G & E Septic Tanks, Ricks Septic Systems, Franks Septic

Water: A well will need to be drilled for access to water. The Tierra Grande Improvement Association recommends the following well drilling companies: Gallup Drilling, Gilbert Pump & Well, Moya Drilling, Rogers & Co., Maezs Water Source, American Drillers, Elliott Brothers, Outrider Wells/Pumps

Power: There is access to power, but you will need to pay for connection to the lot. Contact Socorro Electric Cooperative

Roads: All the roads in the area are recorded, with legal access to the rest of the county. Most of the roads are dirt roads, but you may contact the Valencia County Road Department to see if the County will improve your road.

Community Watch: There is an independent Community Watch for Tierra Grande.

Lot Details

Assessors Parcel Number: 1017021110465000000

Legal Description: Lot numbered Forty B (40-B), in Block numbered Six (6), in Unit numbered Thirteen (13) of Tierra Grande

Elevation: 5140 Ft

GPS Coordinates (approx.): Please note that the GPS coordinates are approximate. They come from public assessor GIS data and are fairly accurate, but to find the exact boundaries of the property, it is best to hire a local surveyor.

Center: 34.562, -106.6027

Annual Taxes: ~$50

Zoning: Residential

Time Limit to Build: None as far as we are aware

Annual HOA Dues: $50

Contacts: Tierra County Improvement Association