1 year on rocket

550B Fruta Rd NE, Rio Rancho, NM, 87124

$155,000

2.50 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ParkingParking Pad
MLS #1035747
Lot Size2.50 Acres
StatusActive

About 550B Fruta Rd NE

Build your dream home ''In Town Country Opportunity!'' Spacious 2.5 Acres with huge views and arroyo trails for horseback riding, hiking, 4 wheeling yet 3 MINUTES from Rio Rancho High, Stapleton Elementary, Mid School, Aquatic Center, Library, retail, restaurants, Intel. Please note the Important Info doc attached online in the MLS regarding the Broadmoor Specific Area Plan that discusses the possibility to petition Rio Rancho Planning and Zoning for a change from A-R to medium density housing zoning. The attached doc has a link to the A-R zoning provision allowing cattle, chickens, horses, sheep, goats, a kennel, add a barn, casita, shed, vineyard, etc.

Property Details

Property Features

Listing Office:

  • Office Name: Real Broker
  • Office Phone: (505) 448-8888
  • Listing Agent: Venturi Realty Group

Exterior Features

Parking Information:

  • Parking: Parking Pad

Lot Features

Lot Information:

  • Lot: Other, See Remarks, Views, Gentle Sloping
  • Lot Size: 2.50 Acres

Other

Directions Information:

  • Directions: 528 to Northern, west to Fruta, south to address

Price Information

Listing Price Info

Price Summary:

  • List Price: $155,000
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Housing Market Comparison

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

Med. Sold Price

$358.8K

Med. Price/SqFt

$206

Avg. Days On Market

38

# of Sold Homes

119

550B Fruta Rd NE vs Rio Rancho

535 DAYS ON ROCKET

+497 Days

$155,000

-$203.8K Less

KEY TAKEAWAY

This property is $203.8K 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: #1035747

Listing Office:

  • Office Name: Real Broker
  • Office Phone: (505) 448-8888
  • Listing Agent: Venturi Realty Group

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: 11/24/2024, 1:20:47 AM 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

$841

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$531

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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-1039430
6
/10
  • Ernest Stapleton Elementary School

  • 3100 Stapleton Ave NE

  • 0.44 miles

  • Public District Grades KG-5

school-card-donut-1039431
7
/10
  • Martin Luther King Jr. Elementary School

  • 1301 Nicklaus Dr SE

  • 2.34 miles

  • Public District Grades KG-5

school-card-donut-1039432
6
/10
  • Rio Rancho Elementary School

  • 4601 Pepe Ortiz Rd SE

  • 2.46 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. Typical family type is married, with kids. Most 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 550B Fruta Rd NE

What is the listing price of this property?

The listing price of 550B Fruta Rd NE property is $155,000.

What type of property is this?

The property 550B Fruta Rd NE is land located in Rio Rancho, New Mexico, 87124.

Is this property for sale now?

Active Listing: 550B Fruta Rd NE is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 550B Fruta Rd NE is 2.50 acres.
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Rocket HomesNew MexicoSandoval CountyRio Rancho87124550B Fruta Rd NE

This home is located at 550B Fruta Rd NE in Rio Rancho, NM and zip code 87124. This home sits on a 2.50 acre lot. It has been listed on Rocket Homes since June 07, 2023 and is currently priced at $155,000.

In October 2024, from all listings sold in Rio Rancho, NM there were more than 23 sold above asking price, over 53 sold below and more than 43 were sold right at the asked price. The inventory of homes for sale in Rio Rancho, NM between September 2024 and October 2024 decreased by 9%. The median list price of listings available in October 2024 was $358,871, while the average time on the real estate market was 38 days.

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

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