Rio Del Oro Loop , Los Lunas, NM 87031(Valencia County)

There is easy access and county road frontage for this subdivision along with nice building sites and great views. There are no time restrictions on when to build and there are no unreasonable restrictions on what to build. The VIA Home Owners Association has a Great Home Owners Association that helps to promote the area as well as take care of the many Benefits for the Owners. There are NO HOA dues or fees associated with this lot.

There are utilities in the area, but they are not on the property yet. For now Water would be by well of a few hundred feet and Sewer would be by septic - when you build. If City Water and Sewer Lines are run, there properties should be worth much much more. Taxes are under $20 per year per lot and are current. Cell phones work everywhere. Title is free and clear. Every Lot in this Subdivision was surveyed and pinned when it was laid out. Zoned for Single Family Residences.

NOTE: New Mexico does generally require at least 3/4 of an acre to issue a building permit for a permanent home when the lot is not serviced by a city water and a city sewer system. This is a 0.5 Acre lot which does not meet this 3/4 acre minimum requirement. If you are just RV Camping on the property then this would not effect you. When the city utilities are installed, every single lot would then be build-able, and they will each become much much more valuable.

The Cost of This Parcel is $1,975 + $195 Document Fee. Start payments now with a $294 down-payment. $195 covers the document fee and $99 will be subtracted from the full purchase price. The $1,876 balance can be paid at 0% interest if paid in 12 equal monthly scheduled payments $156.33 per month. You can also choose one of these longer payment terms at 9% interest:

2 Years at $85.70 Per Month

3 Years at $59.66 Per Month

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