Vacant Land-East of Albuquerque-Growing area

FSBO in Torrance County, NM is one acre of residential land in the legally platted subdivision called Estancia Ranchettes. This lot is located in Unit 14 just north of I-40. This property has a decent dirt road that leads right to the property. The Moriarty area is located about 35 miles east of Albuquerque and about 45 miles south of Santa Fe. Growth in the area east of Albuquerque is beginning to occur. A casino and horse racing track (Albuquerque Downs) is moving to the Moriarty area. Inexpensive land is getting harder to find. This would make a nice investment for the future... There are no association fees, or time limits to build. You can put a mobile, cabin, or build a stick home on this property. The lot size is about 188 X 232. So, this is plenty of room to build what you want. The zoning also allows you to have horses and chickens. There are no utilities to the lot at this time. Power and phone are in the subdivision. Power is about 1/4 to 1/2 of a mile. Water would need to be by a well or a storage tank. Sewer needs to be by a septic system. The taxes are only about $19.00 per year. The pictures are of the lot and area. The asking price for this lot is only $1595.00. Please contact us for additional information.