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Property ID: 902566


0.5 acres in Sandoval County, New Mexico

Rio Rancho, Sandoval County, New Mexico

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Details about the Land

County:Sandoval Type:Acreage Acres:0.5
Address: City:Rio Rancho State:New Mexico
Zip: Price: Inactive Status:Unavailable

Description of the Land

Price : $14995

Monthly Payment $129.00 Per Month

Type : Land Parcel

Legal Description Unit 20, Block 35, Lot 11

APN# 9247

Size .50 Acres

State : New Mexico

County : Sandoval

General Location Rio Rancho Estates Subdivision

GPS Coordinates 35.328227,-106.634857

For Sale- 1/2 acre lot in Rio Rancho New Mexico - SALE $14,995.00 OBO or pay only $129.00 per month . In Rio Rancho Estates! Unit 20, Block 35, Lot 11. (Lot 10 is also available for 1 full acre if you buy both lots)- MONEY MAKER!!!

This 1/2 acre lot is located 35 miles from Albuquerque, NM and 65 from Sante Fe. The High School ( V. Sue Cleveland High School: Phone # (505) 338-0078 ) is built and ready to open in the Fall of 2009 where land prices will even increase more. The area is growing very quickly with many homes already built. There is already Walmart, schools, Casino etc. in the area. Get in before the prices are too high! Some 1/2 acre lots are priced over $60,000 in Unit 21 and over $35,000 in Unit 20. It would make a great vacation home or just as an investment with no time limit to build.

As the homes come closer to this unit the prices will continue to grow! WALMART is only 9 miles from this lot!

These Rio Rancho Estates lots are very desirable right now. It's a great time to invest in land! The new High School opens in 2009 in Unit 20! Click on the link to see the progress and construction pictures of the High school.

This is an up and coming area where land values will only increase!!! Invest today! House sales are down but Land sales are up while investors are scooping up land for the next Real Estate boom while they can buy low!

This property represents an excellent short to long term investment in a high growth area. Located in the Rio Rancho Estates, this property is just outside of the booming community of Rio Rancho New Mexico (only 35 miles northwest of Albuquerque and 65 miles southwest of Santa Fe).

Rio Rancho Estates is in Sandoval County in spectacular Central New Mexico. The area lies atop a mesa which offers incredible views of the Sandia and Jemez Mountains. This high plateau overlooks the beautiful Rio Grande River Valley as it winds its way down from Colorado through New Mexico. The high altitude and dry southern climate provides for a very hospitable climate of pleasant summers and mild winters. The sun shines here over 300 days a year! This area is know for its spectacular sunsets and rustic yet sophisticated way of life. The Rio Rancho area is a great place to live with its clean streets, inviting parks, swimming pools, baseball fields, soccer fields, churches, synagogues, restaurants, stores and shops. This truly is the "Land of Enchantment"

Males: 36,849 (48.5%)

Females: 39,129 (51.5%)

Median resident age: 35.1 years

New Mexico median age: 34.6 years

Zip codes: 87124, 87174.

Estimated median household income in

2007: $54,033 (it was $47,169 in 2000)

Rio Rancho: $54,033

New Mexico: $41,452Estimated median house or condo value in 2007: $181,600 (it was $111,900 in 2000)

Rio Rancho: $181,600New Mexico: $155,400Median gross rent in 2007: $794

1996: 961 buildings, average cost: $56,600

1997: 1014 buildings, average cost: $56,700

1998: 1052 buildings, average cost: $56,900

1999: 449 buildings, average cost: $89,700

2000: 576 buildings, average cost: $87,900

2001: 864 buildings, average cost: $94,100

2002: 857 buildings, average cost: $95,600

2003: 1021 buildings, average cost: $94,900

2004: 1213 buildings, average cost: $95,200

2005: 1202 buildings, average cost: $95,200

2006: 1935 buildings, average cost: $207,900

2007: 1147 buildings, average cost: $209,800

TOP EMPLOYERS IN RIO RANCHO 2008

INTEL- 3,300

Rio Rancho Public Schools- 1,838

INTEL CONTRACTORS- 1,300

SPRINT- 800

BANK OF AMERICA- 700

CITY OF RIO RANCHO- 651

E-TELECARE- 620

BYCON CONSTRUCTION- 422

SANDOVAL COUNTY- 406

VICTORIA SECRET- 400

JC PENNY CUSTOMER- 350

WAL-MART- 334

US COTTON INC- 210

INTERSECTION- 200

DON CHALMERS FORD- 198

LECTRONSONICS- 140

WASTE MANAGEMENT- 140

FORM-COVE MANUFACTURING- 125

INSIGHT LIGHTING- 114

AEROPARTS MANUFACTURING- 98

AQUATIC POOLS- 80

AERO MECHANICAL- 76

Other 1/2 acre lots in the Rio Rancho Estates are listed or sold for $20,000 - $100,000 or more depending on Unit location.

GENERAL ELEVATION: 5,400 feet

Legal Description: - Unit 20, Block 35, Lot 11 Rio Rancho Estates

GPS Coord's: 35.328227,-106.634857

HOA/POA Fees: None

POWER: In the subdivision but not to the lot line.

PHONE: In the subdivision but not to the lot line.

WATER: In the subdivision but not to the lot line.

SEWER: In the subdivision but not to the lot line.

Taxes: Approximately $240/year. Taxes are current.

Lot Size- 1/2 acre

Zoning- Residential -

Title- Conveyed by Special Warrenty

County- Sandoval County

TIME LIMIT TO BUILD: None

AREA: Flat to rolling with beautiful views.

Please do your own due dilligence as you should do with any land purchase. This land is sold as is and all information provided is at the best of our knowledge. ALL PROSPECTIVE BUYERS ARE URGED TO RESEARCH THIS INFORMATION TO THEIR OWN SATISFACTION PRIOR TO BUYING THIS PROPERTY. We have not seen this property.

The price will include a $175 closing cost fee but no other fees will apply. The asking price is $14,995.00. SALE PRICE- SAVE $5,000.00! If you have any questions please let me know.




Find more property: New Mexico Land for Sale | Rio Rancho, New Mexico Land for Sale | Sandoval County Land for Sale

NOTE: The information contained herein is provided as general information only and has been obtained from sources deemed reliable. It is provided without any guaranty, warranty or representation, expressed or implied, made by LandsofAmerica.com, or any related entity, as to the accuracy or completeness of the information. The information is presented subject to errors, omissions, change of price or conditions, prior sale or withdrawal without notice. Prospective purchasers should make their own investigations, projections and conclusions concerning the information.

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