Plans starting at just $101/month or $6,900 in full
$999 down, 10.99% APR, amortized up to 7 years; some contracts include a balloon payment, typically due after three years
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 43 North of 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 Numbers: 1-016-033-340-380-101890, 1-016-033-340-380-101100, 1-016-033-340-380-101110 Legal Description: RIO DEL ORO Block: 8 Unit: 43 Lots: 9, 10, 11 Annual Taxes: $3/year Parcel Size: 0.75 Acres +/- 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
Land Specifics
Acreage & Dimensions
0.75 acres
Zoning
Build restrictions apply — minimum acreage required to build, drill a well, or add septic; smaller lots are camping-only.
Lots smaller than .75 acres (unless combined into 3 contiguous .25-acre lots) cannot have a home, water well, or septic system installed; a single .25-acre lot is limited to camping up to 45 days per year, though the state's Construction Industries Division (CID) may separately approve a wheel-less cabin with composting toilet and water catchment.
Utilities
Undeveloped, off-grid setting — no utilities indicated.
Owner financing is available on Rio del Oro Lot 1: $999 down, then $101/month for 7 years at a 10.99% annual percentage rate (APR). Payments are calculated on full amortization over that term; some contracts include a balloon payment, typically due after three years. Cash price: $6,900. A credit check is not required.
Financing Plans
Every plan for this tract, side by side. Pick one and the due-today total follows.
PlanDown paymentAPRMonthly
Total Due Today
Down payment $2,999+Doc prep fee $249
$3,248
Purchase price $6,900.
$2,999 down, 9.99% APR, amortized up to 2 years; some contracts include a balloon payment, typically due after three years
APR = annual percentage rate. Payments are calculated on full amortization over the stated term, up to 20 years. Some contracts include a balloon payment, typically due after three years, when the remaining balance is refinanced or paid. Your contract states your exact terms.
Rates, discounts and down-payment minimums shown are current terms and are subject to adjustment without notice.
Feel free to visit in person! Some properties have locked gates, so please contact us before making the trip!
FAQs
Location & Utilities
Where is the property located?
Our team answers this in detail for every property — call 972-649-6200 or send a message using the form and a representative will walk you through it.
What improvements have been made?
Our team answers this in detail for every property — call 972-649-6200 or send a message using the form and a representative will walk you through it.
What about utilities?
Our team answers this in detail for every property — call 972-649-6200 or send a message using the form and a representative will walk you through it.
What will the road surface be like?
Our team answers this in detail for every property — call 972-649-6200 or send a message using the form and a representative will walk you through it.
Financing
What is the minimum down payment amount to purchase and are there closing costs?
A minimum of $999 down payment is required for purchase. Closing costs are currently a nominal $249.00 for us to prepare all of the legal documents required for the contract for deed.
If I finance the property, to whom do I make my payments and how will I know I have received proper credit for my payments?
We do not do credit checks and you are instantly qualified to purchase. We have our own in-house financing available. Your payments will be made to Classic Country Land, LLC. You can choose to make your monthly payments online on our Make A Payment (https://www.classiccountryland.com/payment/card/) portal or sign up for Autopay.
May I use the land while I'm paying for it and when do I receive a deed to my property?
Yes, beginning the very day you sign the purchase contract, the land is yours to use and enjoy. You will receive your Warranty Deed once you pay off your property.
Is there a penalty for paying off my land early?
There is absolutely no prepayment penalty. Your monthly payment is applied to your account balance using simple interest on the unpaid balance. All extra monthly payments will be applied directly to the principal. All extra payments will directly lower your balance, reducing the overall interest you pay on your purchase.
Does a buyer have to build a house within a certain time frame?
A buyer is never obligated to a timeframe to build on their property.
Can I resell my property in the future and make a profit?
While there is no guarantee of profit from any land sale, historically land prices have increased in value. We believe there are many reasons for this upward trend, including inflation, population growth, a decreasing land supply, the public’s desire for a more natural environment, the trend toward movement away from urban areas, and the increasing popularity of outdoor recreational activities.
Can I make an offer and what kinds of discounts are available?
Offers are discouraged as the properties are priced for immediate sale under our “No Haggle” pricing policy. Discounts are based on the finance plan that you choose.
Why are some properties more expensive than others?
The properties have been priced according to our “A B C” analysis and consideration of the proximity of the parcels to existing electricity. “A B C” stands for Access, Beauty, and Character. In other words, how good, quick, or easy is the access to the property from the main highway or county road. The beauty of the property mainly pertains to the vegetation and scenery. The character of the property refers mainly to its topography, for example: Is the parcel flat, rolling, steep, etc.
How does the contract-for-deed process work?
Once you and CCL agree on a property and payment plan, we send you a contract for deed to sign. After both parties sign, the land is yours to use while you make payments directly to us — no bank, no middleman. We hold the deed until the contract is paid in full, then convey it to you, completing your ownership.
Elevation & Weather
What is the average elevation of the property?
Our team answers this in detail for every property — call 972-649-6200 or send a message using the form and a representative will walk you through it.
What is the average temperature throughout the year?
Our team answers this in detail for every property — call 972-649-6200 or send a message using the form and a representative will walk you through it.
Zoning & Taxes
What zoning applies to the property, and what are the property taxes for the parcel?
Our team answers this in detail for every property — call 972-649-6200 or send a message using the form and a representative will walk you through it.
Land Use & Rights
Are mineral rights included?
By default, Classic Country Land retains the mineral rights where we hold them, so they don't automatically transfer with the land. But here's the good news: on many of our properties we do hold the mineral rights — and we're happy to sell them with your tract. If owning the minerals under your land matters to you, ask us: we'll tell you exactly what's available for this property and what it would add.
Is there an hoa or poa?
Not every property in our inventory carries the same restrictions. Many of our tracts have no HOA or POA at all, while some developments do include a property owners' association with its own dues and covenants. The recorded restrictions for your specific property control here — check the Restrictions document on this page, or give us a call and we'll walk you through exactly what applies to the parcel you're looking at.
Can I camp or park an rv on my land?
It depends on the property. Plenty of our land welcomes recreational camping and RV parking, especially while you're getting to know it before building — but some developments' recorded restrictions limit or prohibit it. Check the Restrictions document on this page for your specific property, or reach out and we'll tell you plainly what's allowed on the tract you're interested in.
Are mobile or manufactured homes allowed?
This varies by development. A number of our properties allow mobile or manufactured homes, while others' recorded restrictions call for site-built construction only. The Restrictions document on this page spells out what applies to your specific property — or just ask us and we'll give you a straight answer before you buy.
Is hunting allowed?
Many of our rural tracts are well suited to hunting, and plenty of owners use their land that way. Some developments' recorded restrictions do limit it, though, so this varies property to property. Check the Restrictions document on this page for your specific tract, or call us and we'll tell you exactly what's allowed.
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