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RDO is situated just eight miles east of Interstate I-25. RDO currently is the home to over 18,000 residents, as well as new elementary and high schools and a campus of the University of New Mexico. There is ample shopping, restaurants, banking, recreation and county government offices. Many houses of worship are currently accessible to the community. Train service is available to Albuquerque. The International Airport is just a 30 minute commute from RDO.
These properties are relatively inexpensive to maintain, with annual taxes and dues totaling approx. $35. The entire site has been cleared and there are roads but utilities and paving have not yet been extended to these lots. Completed homes in RDO have been known to sell for upwards of $150,000.
Currently, there is approx. $310 ($155/lot) in taxes owed on these properties. We are asking $400 ($200/lot) for this property, with the Buyer also assuming all unpaid taxes (approx. $310) and any unpaid property owner’s dues ($30 max). Total estimated purchase price for this 1/2 –acre property is $750. The Buyer will also pay any recording fees and title transfer fees.
The following is an overview of the two ¼-acre lots that we are selling:
Lot 4, Unit 22, Block 44 Approx. ¼-acre
Lot 5, Unit 22, Block 44 Approx. ¼-acre
Located in the Rio Del Oro Development, Valencia County, New Mexico
Property taxes are approx. $5/year
Property owner’s dues are approx. $30/year
The property currently has approx. $310 in unpaid taxes (Buyer to assume)
There may be unpaid property owner’s dues - $30 max (Buyer to assume)
Property located approx. 20 miles south of Albuquerque, NM
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