2 months on rocket

1st Ave SW, Rio Rancho, NM, 87124

$2,000

0.50 Acres
Land

Location

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Property Highlights

Home TypeOther
MLS #1068927
Lot Size0.50 Acres
StatusActive

About 1st Ave SW

Available to current New Mexico residents only. Near intersection of 1st Ave SW and 45th St SW. Will require a well if water service is desired and a septic tank if wastewater service is desired. Potential buyers must determine whether available utilities and associated costs will suit their plans.

Property Details

Property Features

Listing Office:

  • Office Name: Q Realty
  • Office Phone: (505) 750-0059
  • Listing Agent: Brian Leigh Earnest

Lot Features

Lot Information:

  • Lot Size: 0.50 Acres

Other

Directions Information:

  • Directions: Drive west on Southern Blvd from intersection with Rainbow Blvd SE. Turn right on 45th St SW. Turn right on 1st Ave SW. Property is the fourth lot on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,000
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Housing Market Comparison

See how this home compares to others in Rio Rancho, NM.

Med. Sold Price

$356.9K

Med. Price/SqFt

$206

Avg. Days On Market

40

# of Sold Homes

127

1st Ave SW vs Rio Rancho

78 DAYS ON ROCKET

+38 Days

$2,000

-$354.9K Less

KEY TAKEAWAY

This property is $354.9K less than the Median Sold Price in Rio Rancho, NM.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWMLS
  • MLS Number: #1068927

Listing Office:

  • Office Name: Q Realty
  • Office Phone: (505) 750-0059
  • Listing Agent: Brian Leigh Earnest

IDXThe data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.

Copyright © 2024 Southwest Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 10:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$77

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$72

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4254171
5
/10
  • Puesta del Sol Elementary School

  • 450 Southern Blvd SE

  • 2.71 miles

  • Public District Grades KG-5

school-card-donut-4254172
7
/10
  • Colinas Del Norte Elementary School

  • 1001 Night Sky Ave NE

  • 4.11 miles

  • Public District Grades KG-5

school-card-donut-4254173
4
/10
  • Maggie Cordova Elementary School

  • 1500 Veranda Rd SE

  • 4.38 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,587. Residents of Rio Rancho, NM typically earn between $35k-100k each year. Typical family type is married, with kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Rio Rancho, NM

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Rio Rancho, NM?

Rio Rancho offers a diverse array of housing options, with single-family homes being a significant part of the market. The architectural styles vary, with modern, pueblo-style, and ranch homes dotting the landscape. The housing market is dynamic, with new developments complementing established neighborhoods. While the majority of residents own their homes, there is also a substantial rental market to accommodate various preferences.

Is Rio Rancho, NM a good place to live?

Rio Rancho is known for its family-friendly atmosphere and community-oriented lifestyle. The city prides itself on its recreational parks, annual events, and a sense of tranquility that appeals to many of its residents. It's a place where community events and local sports bring residents together, reflecting the area's collective values and neighborly spirit.

Are things conveniently located in Rio Rancho, NM?

The city is served by a robust educational system, including numerous public and private schools that cater to a range of educational needs. Healthcare services are readily available, with local clinics and a regional hospital providing comprehensive care. Rio Rancho also features a selection of retail and dining options that reflect the local Southwestern culture, with city initiatives in place to continually enhance these services.

What does the transportation in Rio Rancho, NM look like?

Transportation in Rio Rancho includes a network of major roads and highways that connect residents to nearby Albuquerque and other parts of New Mexico. Public transit options are available, with routes designed to serve key areas of the city. The community is also making strides in improving walkability in several neighborhoods, and while ride-sharing services are present, the area's layout tends to favor private vehicle use.

Frequently Asked Questions About 1st Ave SW

What is the listing price of this property?

The listing price of 1st Ave SW property is $2,000.

What type of property is this?

The property 1st Ave SW is land located in Rio Rancho, New Mexico, 87124.

Is this property for sale now?

Active Listing: 1st Ave SW is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 1st Ave SW is 0.50 acres.
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Rocket HomesNew MexicoSandoval CountyRio Rancho871241st Ave SW

This home is located at 1st Ave SW in Rio Rancho, NM and zip code 87124. This home sits on a 0.50 acre lot. It has been listed on Rocket Homes since September 30, 2024 and is currently priced at $2,000.

In November 2024, from all listings sold in Rio Rancho, NM there were more than 19 sold above asking price, over 58 sold below and more than 50 were sold right at the asked price. The inventory of homes for sale in Rio Rancho, NM between October 2024 and November 2024 decreased by 16.4%. The median list price of listings available in November 2024 was $356,947, while the average time on the real estate market was 40 days.

From Rocket Homes Real Estate and based on county public records data.

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