SUPPORT@HEMINGWAYLAND.COM

RESIDENTIAL LOT CLOSE TO POWER
IN QUIET, COUNTRY SETTING

LOT SIZE: 2.52 Acres
$12,000
REFERENCE #: TRNM-16771
TORRANCE COUNTY, NEW MEXICO
LOT SIZE: 2.52 Acres
$12,000
REFERENCE #: TRNM-16771
PURCHASING

FULL PRICE

AT CHECKOUT YOU’LL BE ASKED TO PLACE A NON-REFUNDABLE EARNEST MONEY DEPOSIT OF $500.

  • You may elect to fund and close this transaction either by paying our company directly or by employing a title company. At checkout you’ll be asked to select your preference.
  • Within 24 hours of your deposit, we will email you the documentation that corresponds to your selection.
  • If you elect to close outside of escrow, that email will include a new deed plus payment instructions. Buyers may pay the remaining balance via credit card, wire transfer or cashier’s check.
  • If you elect to close through a title company, that email will include a copy of a Sale/Purchase Agreement. You must review and sign this document within 96 Hours to open escrow. A copy of the sale/purchase agreement you’ll be asked to sign can be viewed here.
  • Please be advised, this is not an installment sale. This is a cash purchase. You should not initiate this transaction unless you are prepared to pay the entire cost of the land.
  • This deposit is non-refundable.
  • Have Questions? Contact Us here.

FULL PRICE

$12,000

DUE TODAY: $500

FINANCING

TERMS OFFERED: $2,400 DOWN PAYMENT + $300 MONTHLY PAYMENT X 42 MONTHS; 12 MONTHS SAME AS CASH

  • At checkout, you’ll be asked to place a deposit of $2,400. This down payment will both secure the land as well as set up recurring billing for $300 to be automatically debited from your card each month.
  • Within 24 hours we will email you a land contract which you’ll be asked to sign. This will be the document that demonstrates your equitable interest in the land until such a time as all payments have been made.
  • Only once the balance has been paid in full will the property be deeded into your name.
  • Our contracts contain only pre-payment incentives and no pre-payment penalties. The remaining balance can be paid at any time during the term of the agreement.
  • A copy of the land contract you’ll be asked you sign can be viewed here.
  • Have Questions? Contact Us here.

FINANCING

$12,000

DUE TODAY: $2,400

WHY WE LIKE THIS PROPERTY
  • Mobile, Modular and Livestock Friendly
  • Power and Underground Utilities Close By
  • No HOA and No Annual Dues
  • Level Terrain – Easier To Develop
  • Quiet Country Setting
  • Easy Access To Groceries and Supplies in Nearby Moriarty
  • Only 40 Minutes East of Albuquerque
MAPS
PROPERTY DETAILS

LOCATION & SIZE

COUNTY, STATE Torrance County, New Mexico
LOT SIZE 2.52 Acres
NEAREST TOWN Moriarty
STREET ADDRESS Not Designated
ZIP CODE 87035

ACCESS & UTILITIES

LEGAL ACCESS Yes
ACCESS ROAD Reata Road
ACCESS CONDITION Well Maintained Gravel Roads
ACCESS FRONTAGE Undefined
POWER 200 Feet North and South Of Subject Property
PHONE 200 Feet North and South Of Subject Property; Mobile/Satellite
WATER By Well or Holding Tank
SEWER Septic Or Alternative System

LEGAL INFORMATION

LEGAL DESCRIPTION Moriarty Heights, Tract 3, Block 8, Lot 25
PARCEL NUMBER 1052051245373000000
ACCOUNT NUMBER R011941
ANNUAL TAXES $96.00

ZONING & RESTRICTIONS

ZONING Rural Residential (Click Here)
HOA None
COVENANTS, CONDITIONS & RESTRICTIONS Yes (Click Here)
ANNUAL DUES None
TIME LIMIT ON BUILDING None

TITLE INFO

TITLE Free & Clear
LIENS & ENCUMBRANCES None
MINERAL RIGHTS None
RECENT SURVEY None
TITLE INSURANCE Yes – Insured By New Mexico Land And Title
CONVEYANCE DOCUMENT Warranty Deed
SUGGESTED TYPE OF CLOSING Title/Escrow
DOC PREP FEE Waived
PROPERTY DESCRIPTION

LOCATION & SIZE

The subject property is a 2.52 acre lot located along Reata Road in Moriarty Heights, a residential community situated east of Moriarty and just south of Interstate 40.

Located within forty minutes of Albuquerque, this community is comprised largely of mobile and manufactured homes on parcels with an average lot size being +/- 3 acres. Because of this, many of its residents are transplants from the nearby Metro area who prefer the wide-open spaces and privacy afforded them in this quiet country setting.

 

LEGAL INFORMATION

When we speak of property we typically use an address — 123 Main Street for instance.

As most vacant land does not have a physical address, however, county governments will identify it in other ways, such as a “legal description”, a parcel number or a tax code. The information provided in the table above are the ways in which the various state and county agencies will identify this specific parcel of land. These signifiers are important to have when speaking with these agencies – whether they be the assessor, the zoning office, or even the local utilities – and may prove invaluable when initiating conversations about whatever research a buyer intends to do.

Whenever one exists or has been assigned to the land, the physical address will be included in this table.

 

ACCESS & UTILITIES

Roads & Access: The subject property is located along Reata Road. Like all of the roads in this region, Reata is a well-maintained gravel road which should be easy to navigate in any vehicle type.

Power & Utilities: While residential power lines and underground utilities can be found servicing a number of developed home sites along Reata, it should be noted that the utility easements do not run along the road itself, but rather along the back end of the properties. While these utilities may not be within the boundaries of this specific parcel, they are within 200 feet north and south of the property. Because of this, it should be both easy and affordable to get them extended and connected to whatever you decide to build on the land. Anyone looking to investigate the costs associated with acquiring service is encouraged to contact the Central New Mexico Electric Cooperative, the local utility servicing this region.

 

ZONING & RESTRICTIONS

Zoning: Moriarty Heights is zoned Rural Residential, a designation which allows for residential development including mobile and modular homes as well as certain agricultural uses. To learn more about the RR Zoning Designation, please see the PDF linked here.

No HOA: Despite being a well-maintained region with nice roads, utilities and many respectable home sites, the Moriarty Heights subdivision has no HOA and no annual dues associated with land ownership.

Covenants, Conditions & Restrictions: When the Moriarty Heights subdivision was created in the early 1970’s, the developer drew up a set of covenants and restrictions to run with the land. While most of these are what we like to refer to as “reasonable, good neighbor restrictions” dealing primarily with the disposal of trash and prohibitions on excess noise, there are a few covenants that deal with acceptable structures for the region as well as minimum square footage requirements of those structures. Because of this, anyone considering purchasing the land is encouraged to review the Moriarty Heights Covenants and Restrictions document found here.

Covenants, Conditions & Restrictions, Cont’d: Notable conditions enumerated in the above-linked CCR document include the following: No SFR may be smaller than 750 square feet; Mobile and modular homes must be at least 600 square feet; Anyone using a mobile home as a permanent dwelling must have a concrete foundation and permanent apron applied within six months of ground-breaking; Lots may not be subdivided or used for non-residential purposes.

 

HELPFUL LINKS

The Hemingway Land Company does our best to represent the properties we list as accurately as possible. Our research, however, will always be limited.

Because of this, included in the table to the right is a list of the relevant state and county governments, agencies and authorities as well as local utilities (and all their respective websites and contact information) which should help to answer any questions a buyer may have about developing this specific property.

Whenever possible it is best to speak with these agencies first as they will always be a far greater source of information about the local region and the regulations which govern it.

Torrance County Assessor’s Office (505) 544-4300 (Click Here)

Torrance County Planning & Zoning (505) 544-4390 (Click Here)

Central New Mexico Electric Cooperative Inc. (505) 832-4483 (Click Here)

New Mexico State Engineer (505) 827-6091 (Click Here)

Well Drilling Info (Click Here)

Well Drilling Permit Application (Click Here)

 

MISCELLANEOUS

Larger Acreage: For those interested in buying in this region who are looking for more land, it should be noted that Hemingway Land also has an 8.2 acre property for sale in this subdivision priced at $29,000. The details on that specific property can be found on its listing page here.

 

NEARBY TOWNS

Located just ten minutes outside of Moriarty you’ll have easy access to groceries and supplies as well as fast food restaurants, gas stations, post offices, and banks. Edgewood, an additional ten minutes west along the I-40 is where you’ll find the nearest Walmart Superstore as well as additional big box stores and grocery chains. Furthermore, Albuquerque, the largest city in the state, is just a quick twenty-minute drive west and is likely to have whatever product or service you can’t procure in Edgewood or Moriarty.

Albuquerque: 46 miles (50 min)

Santa Fe: 58 miles (1 h 6 min)

Rio Rancho: 59 miles (58 min)

Los Lunas: 68 miles (1 h 8 min)

Taos: 128 miles (2 h 28 min)

 

NEARBY ATTRACTIONS

In addition to the Cibola National Forest, there are a number of scenic National and State Parks within easy driving distance of the subject property. Those parks include – but are not limited to – the El Malpais National Monument, El Morro National Monument, Bluewater Lake State Park, Ramah Reservoir, the Ice Caves & Bandera Volcano and Quemado Lake.

Santa Fe County Tourism Site (Click Here)

Things To Do In Santa Fe (Click Here)

Things To Do In ABQ (Click Here)

Santa Fe Railyard Arts District (Click Here)

Santa Fe Opera House (Click Here)

Museum of Indian Arts & Culture (Click Here)

Turquoise Trail (Click Here)

Ski Santa Fe (Click Here)

Nambe Falls (Click Here)

JW Eaves Movie Ranch (Click Here)

COntact About This Property

TORRANCE COUNTY, NEW MEXICO
Acreage: 2.52
Price: $12,000
Reference #: TRNM-16771

FULL PRICE

FULL PRICE

AT CHECKOUT YOU’LL BE ASKED TO PLACE A NON-REFUNDABLE EARNEST MONEY DEPOSIT OF $500.

  • You may elect to fund and close this transaction either by paying our company directly or by employing a title company. At checkout you’ll be asked to select your preference.
  • Within 24 hours of your deposit, we will email you the documentation that corresponds to your selection.
  • If you elect to close outside of escrow, that email will include a new deed plus payment instructions. Buyers may pay the remaining balance via credit card, wire transfer or cashier’s check.
  • If you elect to close through a title company, that email will include a copy of a Sale/Purchase Agreement. You must review and sign this document within 96 Hours to open escrow. A copy of the sale/purchase agreement you’ll be asked to sign can be viewed here.
  • Please be advised, this is not an installment sale. This is a cash purchase. You should not initiate this transaction unless you are prepared to pay the entire cost of the land.
  • This deposit is non-refundable.
  • Have Questions? Contact Us here.

FULL PRICE

$12,000
DUE TODAY: 500