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Rio Del Oro Tract 9

0.25Acres
$2,900Price
$104/mo$999 down
SoldStatus
Owner FinancedOwner FinancedFIXED Interest RatesFIXED InterestNo Credit CheckNo Credit CheckEstablished in 2016Est. 2016
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Rio del Oro Subdivision is a very large development consisting of 47,000 acres located between Belen and Los Lunas, east toward the Manzano Mountains. The area really boasts some of the finest unspoilt nature in the US and has all the conveniences of a nearby major city, Albuquerque, and you can even get there by taking a new commuter solar train running to Belen and even Santa Fe. Rio Del Oro lots can provide a solution for all budgets. The open countryside, with its native grasses, wildflowers and the nearby Manzano Mountains towering over 10,000 feet, provide a picturesque backdrop to the property. The Manzano Mountain Wilderness covers nearly 37,000 acres, encompasses most of the mountain with incredible hiking, cross country skiing and an abundance of wildlife. The main population of the area is along the I-25 corridor and the Rio Grande River. The Rio Communities lie to the east of this main corridor. There are scattered subdivisions throughout this area and there are other areas of no development. There are many nice homes in the already developed areas. This undeveloped corner lot is located in Unit 20 within the Rio del Oro Loop. Utilities: Power, phone, water and sewer currently serve the development primarily in units 46, 55, 57 and exist in whole or part in units 47 through 64, extensions have not been made to this Unit. Current local and state environmental regulations do not allow wells or septic systems to be installed on lots of this size. We believe that this property is best suited for short to long-term investment and/or recreation rather than residence. Assessors Parcel Number: 1-022-033-320-370-000090 Legal Description: RIO DEL ORO Lot: 9 Block: 44 Unit: 20 Annual Taxes: $3/year Parcel Size: 0.25 Acres +/- (80' x 135') Zoning: Planned Development / RR-1 Rural Residential / Mobiles & RV's allowed Terrain: Flat to Rolling in Nature, Desert climate and vegetation Access: Public Dirt/Gravel from paved highways Utilities: See main description

Available Pricing Plans
Basic$999 downEnhanced5% down
Monthly Payment$104/mo$112/mo
Down Payment$999$1,999
DiscountNone5%
Interest Rate10.99% FIXED10.49% FIXED
Total Savings—$480

Every plan: no credit check, FIXED interest rate, one-time $249 document fee.

To keep every payment at $100 a month or more, this tract is paid off sooner: the Basic plan over 20 months and the Enhanced plan over 7 months.

Available Pricing Plans
$104/mo
$999Down Payment
10.99%FIXED Interest Rate
No DiscountLowest Amount Down

Pick a higher plan for a discount and a lower rate.

$112/mo
$1,999Down Payment
10.49%FIXED Interest Rate
5%Discount
$480Total Savings

To keep every payment at $100 a month or more, this tract is paid off sooner: the Basic plan over 20 months and the Enhanced plan over 7 months.

❮ Tract 6All tracts at Rio Del OroTract 12 ❯