Own This Property for $18k Down + $994/month – No Bank, No Credit Check!
New Mexico Land for Sale between Albuquerque and Santa Fe
If you love the idea of country living but still want quick access to both Santa Fe and Albuquerque, this is the perfect place to build your dream home!
- Beautiful 360 Mountain Views
- Quick, Legal, and Easy Access
- Extensive Road Frontage
- Very Buildable: Flat & Clear
- Conveniently Located between Albuquerque and Santa Fe
- Priced to Sell Quickly
- Owner Finanncing Available: $18k down, $994/month – No Bank, No Credit Check
Set against the wide-open skies of northern New Mexico, this beautiful 3.1-acre property offers the perfect blend of convenience, privacy, and breathtaking scenery. Ideally located almost exactly at the midpoint between Albuquerque and Santa Fe, the land provides easy access to two of the Southwest’s most vibrant cities while still delivering the quiet freedom of rural living.
From the property, you’ll enjoy sweeping panoramic views of the surrounding mountain ranges and desert landscape—an ever-changing canvas of sunrises, sunsets, and star-filled skies. The terrain is flat, clear, and highly buildable, with no wetlands to interfere with your plans, making it an ideal site for a custom home, weekend retreat, or investment in land. Access is quick, legal, and exceptionally convenient, with 254 feet of direct road frontage providing easy entry to the property and I-25 just two minutes away. This rare combination of wide-open space and immediate connectivity makes it easy to enjoy peaceful country living without sacrificing proximity to city amenities. With its generous road frontage, scenic setting, and strategic location between Albuquerque and Santa Fe, this property offers tremendous potential for anyone looking to build in one of New Mexico’s most desirable corridors.
Best of all, the property is priced to sell quickly and owner financing is available with $18,000 down and $994 per month—no bank and no credit check required, making land ownership simple and accessible. If you’ve been searching for a beautiful, buildable piece of New Mexico with unforgettable views and unbeatable convenience, this is an opportunity you won’t want to miss. Grab it today at an unbeatable Acretown price!
Call or text Scott directly at 314.639.9777 or email info@acretown.com if you have any questions or would like to make an offer.
Si habla español, por favor pida por Andy en nuestro equipo y él estará encantado de ayudarle.
We’ve posted a lot of info below – including critical instructions for visiting the property – so please keep reading!
Best Deal in the Market – Check Zillow or Redfin and You’ll Agree!
After opening this map, you may see even more information about the area by clicking on Map Legend, then Overlays.
- CASH PRICE: $79,900
- OWNER FINANCED DEAL: $18k down, $994/month – no bank, no credit check (see full details in FINANCING section below)
- ADDRESS (street # estimated – use GPS for navigation): 100 Cedar Vista Ct, Algodones, NM 87001
- SIZE: 3.09 acres
- GPS COORDINATES: 35.459025, -106.326139
- PARCEL #: R039672
- ABRIDGED LEGAL DESCRIPTION: Legal: S: 8 T: 14 N R: 6 E Subd: Budagher Estates Block: 3 Lot: 5 (also known as Lot 5, Block 3, Budagher Estates subdivision, Sandoval County, New Mexico)
- FULL LEGAL DESCRIPTION: view here
- PLAT MAP/SURVEY: view here (get County’s boundary/KML file here – opens in Google Earth)
- TITLE: General Warranty deed (clean – no back taxes, no liens)
- MINERAL RIGHTS: any mineral rights we own will convey to buyer (we have no knowledge of severance of mineral rights by a previous owner)
- DIMENSIONS (approximate): starting at S corner, 254′ NE (along road) x 527′ NW x 232′ SW x 606′ SE to POB
- FLOODPLAIN: not USGS surveyed but not known to flood
- WETLANDS: none
- ELEVATION: 5618 feet
- TERRAIN: generally flat
- CONDITION: undeveloped, clear, some light brush
- ACCESS: 254 feet of direct frontage on Cedar Vista Court (aka Arroyito Rd), a private dirt road (view legal easement doc here)
- POWER: nearest residential power pole is 975 feet away at curve in road (view map here)
- WATER: well would need to be installed
- WASTEWATER: septic system would need to be installed
- The built-in savings you receive on all Acretown properties frees up extra money to install a variety of conventional and more modern, non-conventional septic systems, like mound systems, pressurized dosing, plastic chamber leach fields, aerobic treatment, etc. (which have become popular solutions in rare cases of non-satisfactory perc tests)
- TAXES: $185.16 in 2024
- HOA: none
- DEED RESTRICTIONS: Budagher Estates CC+R’s
- building setback from street = 20 feet
- residential purposes only
- no mobile homes (except as temporary housing while building your home)
- no subdividing
- no mining
- view full document here
- ZONING: RRA – Rural Residential/Agriculural
- CC+R’s above are more restrictive
- view full zoning doc here
- SCHOOL DISTRICTS: Algodones (Elementary) – Santo Domingo (Middle School) – Bernalillo (High School)
- NEAREST CITIES: Algodones < Bernalillo < Albuquerque (south), Santa Fe (north)
- NEAREST AIRPORTS: Santa Fe Regional (24 mins), Albuquerque International (35 mins)
- COUNTY GOVERNMENT:
- Assessor (505) 867-7562
- Treasurer (505) 867-7581
- Clerk/Recorder (505) 867-7572
- Planning & Zoning (505) 867-7628
- County GIS
coming soon . . .
OWNER FINANCING: We do offer owner financing under the following terms:
- Owner Financed Price = $87,900
- Down Payment = $18,000
- Monthly Payment = $993.92
- Term = 10 years (120 months)
- Interest Rate = 10.9%
- No Pre-Payoff Penalty!
- No Bank, No Credit Check!
We have a two-week waiting period after the posting of our original MLS listing before we open up the owner-financing option. Also, if you would like to make a larger down payment in exchange for a slightly lower interest rate and/or fewer payments, we can certainly accomodate that, so just let us know! Or you don’t have the full payment now but expect to have it within the next 90 days? We may be able to custom design an installment plan that works for you, so just reach out to us and ask. If you’d like to buy this property via owner financing, call or text Scott directly at 314.639.9777 or email him at info@acretown.com and we’ll get you set up!
OUTSIDE FINANCING: Your best deal for third-party financing will probably come from American AgCredit, Rural 1st, or E-Construction Loans and their details are below:
American AgCredit is a great American land lender for rural properties and they require as little as 15% down on a 15-25 year fixed land loan, with a 7.6% interest rate, and they prefer a credit score of 720 or better. Please contact them by phone at (505) 884-1048 or visit their nearest office at 5651 Balloon Fiesta Parkway NE, Albuquerque, NM 87113.
Rural 1st is America’s leading land lender for rural properties and they require as little as 15% down on a 10 or 15-year fixed land loan, with no PMI, and they prefer a credit score of 720 or better. Please contact Michael Wirth by phone or email at (502) 553-8152 or michael.wirth@rural1st.com. They do serve New Mexico.
E-Construction Loans, Tim Jarvis, timjarvis@sbcglobal.net, (408) 238-4606: Tim is a land lender and offers loans at 10% down, 25-year amortization and a balloon payment in 10 years. Please contact him for all the details. They do serve New Mexico.
Outdoor enthusiasts will find no shortage of local adventures, highlighted by standout recreational spots like the Placitas Trailhead, a popular hub featuring an extensive network of flowy singletrack trails perfect for mountain biking and scenic foothill hikes. Indoor enthusiasts may wanna try their luck at the Black Mesa Casino just 8 minutes down the road. For a unique blend of outdoor activity and history, you can explore Petroglyph National Monument, which offers multiple walking trails along a rugged volcanic basalt escarpment where visitors can view thousands of ancient rock carvings left by Native Americans and early Spanish settlers. When it comes to everyday conveniences, the closest grocery store is the Family Dollar 12 minutes down the road in Algodones, and only 5 minutes farther is Bernalillo, which offers many more dining and shopping options, including a Walmart. Albuquerque stands as the nearest major city about a half hour south and about a half hour north is Santa Fe, each providing a massive selection of retail, dining, and recreational hotspots, plus top-tier medical facilities.
NEARBY – Black Mesa Casino (8 mins), Galisteo Creek (14 mins), Placitas Trailhead (18 mins), Willow Creek Trailhead and Open Space (24 mins), Rio Rancho Bosque Trail (24 mins), Tunnel Spring Trailhead (28 mins), Cerrillos Hills State Park (34 mins), Rio Grande Nature Center State Park (35 mins), Petroglyph National Monument (38 mins), and more!
ALGODONES (12 mins, nearest grocery store – Family Dollar)
BERNANILLO (17 mins, nearest Walmart)
- RETAIL – Walmart, Dollar General, Family Dollar, Dollar Tree, Circle K, Albertsons Market, T & T Supermart, and more!
- RESTAURANTS – McDonalds, Wendys, Whataburger, Jack in the Box, Sonic Drive-in, Burger King, Panda Express, KFC, Taco Bell, and more!
- MEDICAL SERVICES? Yes, El Pueblo Health Services, ultiMED Urgent Care, Dr Pramesh Baral, MD | Family Medicine, and more.
- RECREATIONAL – Galisteo Creek, Placitas Trailhead, Willow Creek Trailhead and Open Space, Rio Rancho Bosque Trail, Tunnel Spring Trailhead, Cerrillos Hills State Park, Rio Grande Nature Center State Park, Petroglyph National Monument, and more!
ALBUQUERQUE (33 mins, largest city in New Mexico)
SANTA FE (34 mins, nation’s oldest capital city – “The City Different”)
You can go view the property at your convenience – owner does not need to accompany. Please call/text us to let us know you’re heading out, so we can (1) confirm its availability (our land does sell fast), and (2) ensure we have our phone on us in case you need help or have any questions. We’d appreciate a couple hours notice if possible. In case you lose cell phone service, it may be helpful to print off as many helpful documents as you can before you head out there.
DRIVING DIRECTIONS: Click HERE to open the destination in Google Maps, and simply enter your starting point to get step-by-step directions.
- From this link, you can press “Directions” (on the left), enter your starting point, and Google Maps will provide you with step-by-step directions.
- You can also click “Send to Phone” if you’re viewing this on your computer
- And “Save” to download the directions so they’ll still work if you lose cell service.
If for some reason you’re having trouble with that link, you can navigate to GPS coordinates: 35.459025, -106.326139
WALKING THE PROPERTY LINES w/YOUR PHONE: We highly recommend downloading Google Earth to your phone if you don’t already have it. Then . . .
- Download the property boundary file (called a KML or KMZ file) here. You may be prompted to click “download” one more time, so do that . . . OR you may be prompted to immediately open the file with Google Earth and, in that case, do that and ignore the remaining steps. Otherwise . . .
- Open Google Earth
- Go to the main menu (the three horizontal lines at the top left of the screen), then Projects > Open > Import KML file > select the KML file you just downloaded (it should show up on that screen).
Now you should be able to see the property lines on the map, and the green dot represents where you’re currently standing. This is a very important tool to learn BEFORE you head out there. Please call us if you have any questions about it.
Call or text Scott directly at 314.639.9777 or email at info@acretown.com if you’d like to discuss an offer. If you’re a Spanish speaker, please ask for Andy on our team and he’ll be glad to help you.
FOR SALE BY OWNER: We are investors, and are selling this lot For Sale By Owner. You do not need to submit your offer through a real estate agent, and in our experience we close transactions more quickly and easily by having our dedicated transaction coordinator work directly with the Title Company and Buyers. We will also both save money on commission/fees by cutting out agents as the middle men. However, if you feel strongly about working with a realtor, then you’re welcome to have them contact us on your behalf. We do offer 2.5% commission to buyer agents.
WHY ARE YOU SELLING IT SO CHEAP? We are often asked why we price our properties at below market value, and the answer is really simple: because we can, and that’s our core business model. We are investors who purchase properties at a large volume and deeply liquidated rates, and by passing this discount on to our buyers, we can sell land quickly . . . and more of it! In fact, our average property only lasts 2-3 weeks on the market (vs. industry average of about 6 months).
DISCLAIMER: We attempt to provide detailed, accurate and up-to-date information in our listings, in order to help our buyers to the best of our ability. However, it ultimately remains the buyer’s responsibility to perform their own due diligence and double check any details that are of significant importance to you including acreage, utilities, buildability, and approved/allowable useage for the property. We are happy to help however we can.