Rio Rancho Estates U4 B17 L34
$6,000 Discounted Cash Price
Sandoval County, NM
0.5 Acre - New Mexico Land for Sale – 
Rio Rancho Estates U4 B17 L34

Acreage:

0.5 Acre

APN (Assessor's Parcel Number):

1006067485356

Legal Description:

Rio Rancho Estates 
Unit 4 Block 17 Lot 34

Taxes:

$20/year

Dues:

$0/year

Approximate GPS Coordinates:

(Click Coordinates to open in Maps)

Terms:

**The price listed is the cash price only. Once full payment is received, along with the $250 fee for document preparation, Title will be transferred by deed to buyer. Buyer has opportunity to close through a local title company at their expense.

Cash Price:

$6,000

Financing Price & Terms:

***To finance the price is $10,000 with down payment of $750 at 8% interest with monthly payments of $250. 

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Location

This 0.5 acre New Mexico land for sale is located in Sandoval County, in the city of Rio Rancho, NM. The property sits just outside the city limits of Rio Rancho Estates in Unit 4. Rio Rancho is just 20 miles northwest of Albuquerque, NM and about 40 minutes driving from Albuquerque. Rio Rancho, NM which is the 3rd largest city in New Mexico and the fastest growing. 

Description

**Close to Town!**

All the photos were taken in June 2016 of the property and the surrounding views. This is an excellent property for investment with growth to the north. Just one turn off of the paved part of Southern Blvd and very close to town for groceries, schools, supplies, recreation, highway access, etc. Good to excellent roads 75% of the way and then still a decent road that does NOT need a 4x4, but is a bit overgrown due to lack of use. 

Gorgeous views to the E of the Sandia Mountains looking huge from here and I wish I was here at sunset when the Sandias are at their most beautiful. Views of Rio Rancho and Albuquerue in the foothills of the mountains. At night the city lights would be a great view in the distance.

This is an excellent property for future investment or building now in a private area with good access and right now while prices are down. Good unit! 

Utilities and Development

The closest power is to the north along Southern Blvd and even closer running south toward the property to the nearest neighbor! You will want to check with the local power company to find out just how far. For water, you would need to either drill a well or use a holding tank. Nearby homes are a good sign of potable water and at an affordable depth. Septic would need to be installed for waste. 

Rio Rancho Estates Subdivision

Outside of the investment value of this New Mexico land for sale, this is an excellent place to live and play. West of this subdivision are tons of trails for ATV, dirt bikes, 4x4, hiking, horseback riding, golfing, etc. With quick access to town, but without the high costs and taxes this is an excellent property for a home site or a great place to pull up an RV and have some fun.

There is a ton of upside investing in Rio Rancho, NM land including having a minimal annual tax liability with no association or dues. This means you can hold this property long term without having the high yearly expense than many other investment properties typically have.

The city center is only about a 3 miles drive east where you can find the Santa Ana Star Center, University of New Mexico West, Central New Mexico Community College, UNM Sandoval Regional Medical Center, Hewlett Packard, and City Hall! Further south in Rio Rancho you will even find Intel which says to me that this area will continue to provide jobs and growth for years to come.
We have extensive experience in this area throughout the years and each time I have visited it seems more commercial growth and major buildings have been completed.  

Find out more about Rio Rancho, NM here: Rio Rancho Convention & Visitor’s Bureau

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Discounted Cash Price
Financing Price & Terms
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