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517 1st St NE, Rio Rancho, NM, 87124

$50,000

0.50 Acres
Land

Location

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Property Highlights

Home TypeOther
MLS #1075353
Lot Size0.50 Acres
StatusActive

About 517 1st St NE

Half acre of land in Rio Rancho with City water, natural gas and electricity in the street. Manufactured homes are allowed. Call for more details.

Property Details

Property Features

Listing Office:

  • Office Name: Double Eagle Real Estate
  • Office Phone: (505) 883-1414
  • Listing Agent: Gabriel Jerome Vargas

Lot Features

Lot Information:

  • Lot: Views
  • Lot Size: 0.50 Acres

Other

Directions Information:

  • Directions: From Unser head west on Northern, left on second, right on 9th, left on 1st.

Price Information

Listing Price Info

Price Summary:

  • List Price: $50,000
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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

517 1st St NE vs Rio Rancho

1 DAY ON ROCKET

-39 Days

$50,000

-$306.9K Less

KEY TAKEAWAY

This property is $306.9K 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: #1075353

Listing Office:

  • Office Name: Double Eagle Real Estate
  • Office Phone: (505) 883-1414
  • Listing Agent: Gabriel Jerome Vargas

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: 12/18/2024, 1:20:49 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

$317

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$216

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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-4547133
5
/10
  • Puesta del Sol Elementary School

  • 450 Southern Blvd SE

  • 0.93 miles

  • Public District Grades KG-5

school-card-donut-4547134
4
/10
  • Maggie Cordova Elementary School

  • 1500 Veranda Rd SE

  • 2.53 miles

  • Public District Grades KG-5

school-card-donut-4547135
7
/10
  • Martin Luther King Jr. Elementary School

  • 1301 Nicklaus Dr SE

  • 3.24 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,974. The most common annual income of people living in Rio Rancho, NM is between $35k-100k. Typical family type is single, no kids. Most residents in this area 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.

Types of housing 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.

What is it like to live in Rio Rancho, NM?

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.

Is it easy to get around Rio Rancho, NM without a car?

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.

Transportation in Rio Rancho, NM.

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 517 1st St NE

What is the listing price of this property?

The listing price of 517 1st St NE property is $50,000.

What type of property is this?

The property 517 1st St NE is land located in Rio Rancho, New Mexico, 87124.

Is this property for sale now?

Active Listing: 517 1st St NE is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 517 1st St NE is 0.50 acres.
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Rocket HomesNew MexicoSandoval CountyRio Rancho87124517 1st St NE

This home is located at 517 1st St NE 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 December 17, 2024 and is currently priced at $50,000.

In November 2024 more than 19 listings in Rio Rancho, NM were sold above the asking price. During the same period more than 50 listings were sold at asking price, while more than 58 were sold below. In November 2024 in Rio Rancho, NM there were 16.4% less homes for sale than in October 2024. While the average time on the market in November 2024 was 40 days, the median list price was $356,947.

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

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