7 months on rocket

5109 Surat Rd NE, Rio Rancho, NM, 87144

$10,000

0.50 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #1059563
Lot Size0.50 Acres
StatusActive

About 5109 Surat Rd NE

Nestled just a block north of Unser Blvd. and adjacent to the burgeoning Maripossa Subdivision, this half-acre parcel of vacant land offers a prime opportunity for development or investment. With sweeping vistas to the east, south, and west, the landscape presents a picturesque canvas for envisioning your dream project. Whether you're considering residential or just an investment, the strategic location ensures easy access to amenities and transportation arteries. Embrace the allure of panoramic views while capitalizing on the area's growth trajectory, making this property a promising prospect for realizing your vision in the heart of a thriving community.

Property Details

Property Features

Listing Office:

  • Office Name: Coldwell Banker Legacy
  • Office Phone: (505) 892-1000
  • Listing Agent: Stephen C Herkenhoff

Lot Features

Lot Information:

  • Lot: Cleared, Views, Gentle Sloping
  • Lot Size: 0.50 Acres

Other

Directions Information:

  • Directions: North on Unser Blvd. to Cayenne Rd. NE, Left on Cayenne to Dacca Rd. Right on Dacca one block to Surat Rd. and then a right to the property. (Note: Surat Rd. is supposed to intersect Unser but is currently fenced off).

Price Information

Listing Price Info

Price Summary:

  • List Price: $10,000
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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

5109 Surat Rd NE vs Rio Rancho

213 DAYS ON ROCKET

+173 Days

$10,000

-$346.9K Less

KEY TAKEAWAY

This property is $346.9K 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: #1059563

Listing Office:

  • Office Name: Coldwell Banker Legacy
  • Office Phone: (505) 892-1000
  • Listing Agent: Stephen C Herkenhoff

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: 12/3/2024, 1:20:48 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

$117

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$96

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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-3506491
6
/10
  • Rio Rancho Elementary School

  • 4601 Pepe Ortiz Rd SE

  • 0.69 miles

  • Public District Grades KG-5

school-card-donut-3506492
8
/10
  • Enchanted Hills Elementary School

  • 5400 Obregon Rd NE

  • 1.69 miles

  • Public District Grades KG-5

school-card-donut-3506493
6
/10
  • Ernest Stapleton Elementary School

  • 3100 Stapleton Ave NE

  • 2.08 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $77,985. Most Rio Rancho, NM residents have annual incomes between $35k-100k. The majority of families are married, with kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5109 Surat Rd NE

What is the listing price of this property?

The listing price of 5109 Surat Rd NE property is $10,000.

What type of property is this?

The property 5109 Surat Rd NE is land located in Rio Rancho, New Mexico, 87144.

Is this property for sale now?

Active Listing: 5109 Surat Rd NE is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 5109 Surat Rd NE is 0.50 acres.
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Rocket HomesNew MexicoSandoval CountyRio Rancho871445109 Surat Rd NE

This home is located at 5109 Surat Rd NE in Rio Rancho, NM and zip code 87144 in the Vista Hills neighborhood. This home sits on a 0.50 acre lot. It has been listed on Rocket Homes since May 04, 2024 and is currently priced at $10,000.

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 number of listings in Rio Rancho, NM decreased by 16.4% between October 2024 and November 2024. In November 2024, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $356,947.

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

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