This property is $331.9K 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: #1068412
Listing Office:
Office Name: Colfack Real Estate Team LLC
Office Phone: (505) 828-1075
Listing Agent: Fred E Colfack
The 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.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$192
Per Month
Principal & Interest
$125
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$141
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Puesta del Sol Elementary School
450 Southern Blvd SE
Distance between this listing and this school0.69 miles
Public District Grades KG-5
4
/10
Maggie Cordova Elementary School
1500 Veranda Rd SE
Distance between this listing and this school1.41 miles
Public District Grades KG-5
7
/10
Martin Luther King Jr. Elementary School
1301 Nicklaus Dr SE
Distance between this listing and this school2.17 miles
Public District Grades KG-5
Nearby Schools
6
/10
Coyote Willow Family School
7125 Irving Blvd NW
Distance between this listing and this school1.95 miles
Public District Grades KG-8
5
/10
James Monroe Middle School
6100 Paradise Blvd NW
Distance between this listing and this school2.71 miles
Public District Grades 6-8
6
/10
Lincoln Middle School
2287 Lema Rd SE
Distance between this listing and this school2.80 miles
Public District Grades 6-8
Nearby Schools
6
/10
Volcano Vista High School
8100 Rainbow Blvd NW
Distance between this listing and this school3.67 miles
Public District Grades 9-12
6
/10
Cibola High School
1510 Ellison Dr NW
Distance between this listing and this school3.80 miles
Public District Grades 9-12
8
/10
Rio Rancho High School
301 Loma Colorado Blvd NE
Distance between this listing and this school3.89 miles
The neighbors living near this home have an average income of $51,842. The majority of Rio Rancho, NM residents have income between $35k-100k annually. Most families are married, no kids. The majority of residents in this area have high school diploma 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 312 Villa Loop SE
What is the listing price of this property?
The listing price of 312 Villa Loop SE property is $25,000.
What type of property is this?
The property 312 Villa Loop SE is land located in Rio Rancho, New Mexico, 87124.
Is this property for sale now?
Active Listing: 312 Villa Loop SE is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 312 Villa Loop SE in Rio Rancho, NM and zip code 87124. This home sits on a 0.54 acre lot. It has been listed on Rocket Homes since September 30, 2024 and is currently priced at $25,000.
While more than 19 listings in Rio Rancho, NM in November 2024 were sold above asking price, there were more than 50 listings sold at asking price, and more than 58 were sold below. The inventory of homes for sale in Rio Rancho, NM between October 2024 and November 2024 decreased by 16.4%. In November 2024 median list price was $356,947 and the average listing age was 40 days.
From Rocket Homes Real Estate and based on county public records data.
The 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. 
College Basketball
College Basketball
Soccer
Symphony or Opera
Dillards
Burlington
Chico's
Logan's Roadhouse
Wingstop
Boston Market
Hyundai
Nissan
Volvo
Rock
Christian Adult Contemporary
Talk/Personality