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$39,000
$0Reward *
Somerset Street, Belen, NM 87002Listing ID 1085176

Somerset Street, Belen, NM 87002

Active
Rio Del Oro
Time on site: 441 days • Last updated: Jul 22, 2026
Property Type
Property Type
Land
Property Sub Type
Property Sub Type
-
Acres
Acres
0.75
Days on Site
Days on Site
428

OWNER FINANCING AVAILABLE!: ONLY$ 7,000-8,000$ down. 10-15 Year Amortization Schedule (low monthly Payments) 8.75% interest DEVELOPMENT OPPORTUNITY! SINGLE & PACKAGE LOTS AVAILABLE HIGHWAY 47 Unit 63: 1 lot to a person or company who is going to keep the lot and build in the future for their own home. Owner Financing with $8,000 down, balance on a REC @ 8.75% interest, amortized over 10 to 15 years 1-3 lots to a builder. Owner Financing with $7,000 down, balance on a REC @ 8.75% interest, amortized over 10 years and price will be reduced by $3,000 per lot on the prices listed below 5 plus lots to a builder. Owner Financing with $7,000 down, balance on a REC @ 8.75% interest, amortized over 10 years and price will be reduced by $4,000 per lot on the prices listed below Multiple lots available in this development. Lots are sold at a minimum of a .75 package. Lots are mostly zoned Residential. Please refer to pictures for lots available. Mobile Homes and Homes allowed. In TOME. Renderings of community potential and home possibilities in photos.

Property Information

Property Details

Location

Address
Somerset Street
County
Valencia
City
Belen
Zip Code
87002
Subdivision
Rio Del Oro
MLS Area
750 - Adelino

Homeowner Association

HOA Fee Frequency
Annually
Regal Real Estate Experts, (505) 301-1292

Market Report for 87002

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Southwest Multiple Listing Service, Inc. (SWMLS)
Southwest Multiple Listing Service, Inc. (SWMLS) logo

Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

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