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

Tundra Investments makes owning land easy and affordable, with accessible financing options. For just $1,000.00, and a low down payment of $200, you can start your journey towards land ownership today. Monthly payments are set at an easily manageable $200, plus a one-time document stamp fee of $350. Tundra Investments is a BBB accredited business, ensuring a smooth and hassle-free transaction. There are no pre-payment penalties, giving you the flexibility to pay off your land at your own pace.

Property Details

Property ID: 4016

Lot Size: 0.25 acres (approximately 10,890 square feet)

Parcel ID: 1-014-032-015-241-117650

Size: 1011.714 square feet

Dimensions: 83' x 137'

County: Valencia

State: New Mexico

GPS Coordinates (Center at the road): 34.715039, -106.658610

NW Corner: 34.715425, -106.658693

NE Corner: 34.715396, -106.658421

SW Corner: 34.715053, -106.658744

SE Corner: 34.715026, -106.658476

Legal Description: SUBD: RIO DEL ORO LOT: 32 BLOCK: 57 UNIT: 8 .25 +/- AC

Road Access: Dirt Road

Taxes Per Year: $11.00

Conveyance: Warranty Deed

Location and Accessibility

Located in Valencia County, New Mexico, Lot 32 offers a blend of peaceful rural living and convenient access to nearby amenities. The property is easily accessible via a dirt road, providing a sense of seclusion while still being connected to the wider community. The GPS coordinates provided allow for easy location and navigation to the property.

Utilities and Zoning

Power: PNM (Public Service Company of New Mexico) provides electricity to the area. Contact them at (505) 241-2750 for connection details.

Water: Water can be sourced through the Los Lunas Water Department (505-839-3841) or by drilling a private well.

Sewer: A septic system is required for wastewater management.

Zoning: The property is zoned as Planned Development, offering a range of possibilities for its use.

RV Living: RV living is allowed for a maximum of 180 days per year for camping purposes only.

Mobile/Manufactured Homes: Mobile homes and manufactured homes are permitted on the property, providing flexible housing options.

The Allure of Valencia County and Rio Del Oro

Valencia County is a land of captivating beauty, rich history, and a vibrant cultural scene. From ancient Native American ruins to Spanish colonial architecture, the area is steeped in a diverse heritage. The Rio Del Oro subdivision offers a unique opportunity to be part of this tapestry, with its wide-open spaces and stunning desert landscapes.

Imagine building your dream home on this quarter-acre lot, surrounded by the natural beauty of New Mexico. Whether you're looking for a permanent residence, a vacation getaway, or an investment opportunity, Lot 32 offers endless potential.

Investment Potential

Land is a tangible asset that can appreciate over time, making it a wise investment choice. With its affordable price and flexible financing options, Lot 32 presents an excellent opportunity to build equity and secure your financial future.

Important Considerations

Please note that occupancy of the lot is not permitted until full payment has been received and the deed has been officially transferred. This policy is in place to ensure a smooth and legal transaction. For cash purchases, a cashiers check from the bank is required.

Why Choose Tundra Investments?

Tundra Investments is committed to providing exceptional customer service and making land ownership accessible to everyone. With easy, no-hassle transactions, low monthly payments, and a BBB accredited business, you can trust that you're in good hands.

Embrace the New Mexico Dream

Don't miss out on this incredible opportunity to own a piece of the Land of Enchantment. Contact Tundra Investments today to learn more about Lot 32 and start your journey towards land ownership.

Additional Details to Consider When Purchasing Land

Purchasing land is a significant investment, and it's essential to conduct thorough research and due diligence before making a decision. Here are some additional factors to consider:

Title Search: A title search is crucial to ensure that the seller has clear ownership of the property and that there are no outstanding liens, encumbrances, or legal issues. Tundra Investments provides a warranty deed, which offers some protection, but it's still advisable to conduct your own title search.

Survey: A survey will accurately determine the boundaries of the property and identify any easements or encroachments. This can help prevent disputes with neighboring property owners in the future.

Environmental Assessment: Depending on the intended use of the land, an environmental assessment may be necessary to identify any potential environmental hazards, such as soil contamination or the presence of endangered species.

Local Regulations: It's important to familiarize yourself with local zoning regulations, building codes, and any other restrictions that may affect your ability to develop the property. Contact the Valencia County Planning and Zoning Department for more information.

HOA (Homeowners Association): Determine if the property is subject to any HOA rules or fees. While Rio Del Oro may not have a formal HOA, it's essential to understand any community guidelines or restrictions that may be in place.

Future Development Plans: Research any future development plans for the surrounding area, such as new roads, infrastructure projects, or commercial developments. This can help you assess the potential impact on your property value and quality of life.

Water Rights: In New Mexico, water is a precious resource, and water rights are often separate from land ownership. If you plan to drill a well, it's essential to understand the state's water rights laws and regulations.

Property Taxes: While the current property taxes are low ($11.00 per year), it's important to understand how property taxes are assessed and how they may change in the future.

Insurance: Obtain appropriate insurance coverage to protect your investment against potential risks, such as fire, theft, or liability.

Closing Costs: Be aware of all closing costs associated with the purchase, such as title insurance, recording fees, and attorney fees.

Professional Advice: Consider seeking professional advice from a real estate attorney, surveyor, or other qualified professionals to ensure that you're making an informed decision.

Living in New Mexico

Living in New Mexico offers a unique and rewarding experience. The state is known for its stunning natural beauty, rich cultural heritage, and laid-back lifestyle. Here are some of the benefits of living in New Mexico:

Outdoor Recreation: New Mexico is a paradise for outdoor enthusiasts, with opportunities for hiking, camping, skiing, fishing, and more. The state is home to numerous national parks, forests, and wilderness areas.

Cultural Attractions: New Mexico boasts a vibrant cultural scene, with numerous museums, art galleries, and historical sites. The state is home to a diverse population, including Native American, Hispanic, and Anglo cultures.

Affordable Cost of Living: Compared to many other states, New Mexico offers a relatively affordable cost of living, particularly in rural areas.

Friendly People: New Mexicans are known for their warm hospitality and friendly demeanor.

Unique Cuisine: New Mexico cuisine is a delicious blend of Native American, Spanish, and Mexican flavors. Be sure to try local specialties such as green chile stew, red chile enchiladas, and sopapillas.

Stargazing: New Mexico's dark skies make it an ideal location for stargazing. The state is home to several observatories and astronomy clubs.