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Price : $14995
Monthly Payment $129.00 Per Month
Type : Land Parcel
Legal Description Unit 20, Block 35, Lot 11
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
Rio Rancho Public Schools- 1,838
INTEL CONTRACTORS- 1,300
BANK OF AMERICA- 700
CITY OF RIO RANCHO- 651
BYCON CONSTRUCTION- 422
SANDOVAL COUNTY- 406
VICTORIA SECRET- 400
JC PENNY CUSTOMER- 350
US COTTON INC- 210
DON CHALMERS FORD- 198
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.