|Processing Fee||$ 399|
|Deed Type||Warranty Deed|
|Location||Rio Del Oro Loop, Los Lunas, NM 87031|
|GPS Coordinates||34.727446, -106.586705 Open in Google Maps|
|Legal Description||Subd: RIO DEL ORO Lot: 5 Block: 59 Unit: 4|
|Lot Size||0.25 Acres|
|Road Access||Paved to Dirt|
|Utilities||Electricity in Subdivision, Water by well|
|Taxes||Approx. 3 a year|
We offer for sale 3 this single recreational lot - for investment - for your future. This single family zoned land parcel located in the massive planned master community known as Rio Del Oro. This is your chance to take advantage of the real estate market and buy land truly for pennies of the dollar. With all that's happening in this area, grab it while you can!! Expansion of the airport makes room for light aircraft manufacturer! Cabinet manufacturer is now operational in Los Lunas! New commuter rail line is up and running linking Belen to Albuquerque! A new hospital in Rio Communities has already been approved!
If you're new to the area, Rio Communities are located approximately 30 miles Southeast of Albuquerque, in Belen, Valencia County, NM. An active railroad town, Belen is surrounded by picturesque views of the Sandia and Manzano Mountain Ranges and located beside the Rio Grande. This area offers an array of activities for the outdoor lover including hiking, biking, camping, fishing and ATVing, just to name a few of the options right in your own backyard. If golf is more your style, then you wouldn't mind driving a couple of miles to get to the Tierra Del Sol Country Club located in the Rio Communities and the University of New Mexico - Valencia Campus is worth mentioning as well. How about a quick trip over to the Isleta Casino? This full-service casino/resort offers many table games, hundreds of your favorite slot games, an extensive bingo hall, along with great restaurants, a great buffet and a beautiful showroom with big name entertainment; all just a few minutes away. Maybe you need to pick up a few things at the Super Walmart, Home Depot, Smiths and Albertsons grocery stores only 7 miles away. A brand-new Walgreens Pharmacy is now open in Belen.
Taxes are less than $12 per year and Annual Dues are just about $30. This lot is in the sprawling Rio Del Oro subdivision in Valencia County, New Mexico.
CBD of Rio Del Oro owns over 444 lots and have sold hundreds of others over the past several years. These lots are located within the community facilities district and although they are currently undeveloped, there are plans to bring all utilities to the property in the not to distant future. (Please contact the Valley Improvement District for further details.)
We are told that today, prior to the sewer and water being installed, one would need .75 acres (three lots adjoining) to build. However, once utilities are extended to the Unit where this lot is located, the individual lot is buildable just like all the thousands of other homes built and existing today within the Rio Communities. Many of our purchasers have purchased more than one lot, and, we will offer discounts on the second or more lots purchased provided they are bought at the same time as this purchase and provided title is transferred on just one deed. If multiple deeds are needed each deed will cost an additional $100 plus $25 per deed recording fee.