This plot is part of the existing Rancho Lake Conchas subdivision, near Conchas Lake. The subdivision is accessible from County Route 129 and 104, and the property itself is accessible via a dirt road.
“Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.” - Franklin D. Roosevelt, U.S. president
The lot is about 30 minutes to Conchas Lake, 2 hours and 10 minutes to Santa Fe and 2 hours and 40 minutes to Albuquerque.
“Ninety percent of all millionaires become so through owning real estate. More money has been made in real estate than in all industrial investments combined. The wise young man or wage earner of today invests his money in real estate.” - Andrew Carnegie, billionaire industrialist.
Does the property come with mineral rights? We buy all of our properties assuming that we only have the surface rights. In order to determine whether a particular property has mineral rights, you will usually need to hire a title company to run a mineral rights search going all the way back to the original homestead.