This property is SOLD!

People and businesses go to where property is most affordable and today that is New Mexico. People are coming from California, the Pacific northwest and the cold mid-western states for the climate, the easy living and the available land.

Area Information

Tierra Grande is a fully platted and engineered community less than an hour south of Albuquerque, New Mexico. It is managed by the Tierra Grande Improvement Association, Inc., a land owners association (LOA), that was created by the Horizon Corp. in 1973 to oversee the covenants and restrictions. No RV’s, mobile, or manufactured homes are allowed, only site built or approved modular homes. For full details click link below.

TIERRA GRANDE IMPROVEMENT ASSOC., INC.

Location:

Valencia County, NM is without a doubt a rural environment and this 12.78 acres offers plenty of elbow room between neighbors. At over 5000 feet in elevation, Tierra Grande, just south of Albuquerque, is a subdivision with minimum 5 acre parcels that offers panoramic views of the beautiful southwestern scenery and has an average of 310 days of sunshine a year! It also offers a mild 4 seasons and wide open expanses that take your breath away which is why hundreds of thousands of acres of this land are protected by the neighboring Cibola National Forest and Sevilleta National Wildlife Refuge.

Amenities:

Nearby conveniences include a Wal-Mart (and a Wal-Mart distribution Center), Senior Center, shopping centers, churches, health care, library, gas stations, grocery stores, the UNM Valencia Campus, and the Resort and Casino in Isleta. So much is happening in the area including Facebook’s new data center that’s ever expanding in Los Lunas.

Recreation:

Tierra Grande land owners, one of which could easily be you, also own over 14,000 acres of pristine “Open Space” (mountain property) including the Abo Arroyo/Canyon and Black Butte. These lands are being conserved for your use with much of the acreage bordering the majestic Manzano Mountains. These mountains provide beautiful trails and canyons for exploring, horseback riding, hiking, camping and backpacking (no hunting or trapping though).

Property Information

As you can see from the maps, this 12.78 acre property is easily accessed from Hwy. 47, Rio Communities Blvd., that takes you right up into Belen. It is also far enough from the foothills of the Manzano mountains to be flat and build-able. The best of both worlds. The best access point to the private 14,000 acre “Open Space” is also just up Tarugo Rd. as you can see in the pictures.

The other real beauty of this property is that it has electricity running along Tarugo Rd. This is a huge plus that normally explodes the value of properties in Tierra Grande but our affordable price and customized terms will give you instant equity.

Property Description

Parcel: R062562
Size: 12.78 acres
Terrain: Gentle slope
Access: Dirt road
Mobile Homes: No, RV’s no
Conveyance: Warranty Deed w/ Title Insurance
HOA: Tierra Grande Improvement Association $45/annually
Electric: Yes, along Tarugo Rd.
Water: Well and/or Storage Tank
Waste: Septic
Taxes: $57.78 (2020 & 2021 est.)
Approximate GPS Coordinates: 34.525760, -106.527925 to center of property

Comparable Values

Recent, listed properties in Tierra Grande show that acreage with power, similar to this one, typically go for over $800 into the $1,000’s per acre. Properties with electricity in Unit 13, the most popular unit close to the hwy., are selling for near $1,000 to $1,500 an acre and more. For example, here are some listings for sale as of summer 2019, but you know prices are higher today:

Unit 13, 11.32 acres – $972 per acre

Unit 13, 10 acres – $1,000 per acre

Unit 14, 12.60 acres – $2,000 per acre

Unit 23, 12.12 acres – $2,063 per acre

The 12.78 acre property we offer for about $700/ac. has good, county maintained access to the same highway, is flat and build-able, and has electricity along Tarugo Rd. Plus, because of its size, it also has the ability to be sub-divided. Oh, and don’t forget about the unbelievable mountain views and access you will have just up the road from this property.

Our Super Affordable Terms Are . . .

$1,995 down / $184 monthly payment/ 4 yrs. new!

plus a $295 one time, non-refundable doc prep fee.

plus a $15/mo. loan service fee, and 1/12 of annual taxes and TGIA fee escrowed.

To put a hold on this property, all you need to do is pay the $295 one time, non-refundable doc prep fee and sign the simple purchase agreement and loan docs and nothing more for 30 days.

No payments for 30 days! Cancel anytime before 1st payment.

What have you got to lose? Or gain?

OR

$8,995.00

CASH purchases will receive a 10% discount ($8,095 or $900 savings)

Plus a $195 one time, non-refundable doc prep fee. If Buyer desires a title closing including title insurance, the 10% discount and this fee can be applied towards closing costs otherwise paid for by Buyer.