10 months on rocket

5th Ave SW, Rio Rancho, NM, 87124

$3,250

0.50 Acres
Land

Location

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Property Highlights

Home TypeOther
MLS #1055293
Lot Size0.50 Acres
StatusActive

About 5th Ave SW

Live off grid or hold as an investment with this 1/2 acre lot in Rio Rancho, New Mexico. The vacant parcel has an 80 foot front line with a 271+ side line. The adjacent 1/2 acre lot (Lot 53) is also available (priced separately). Purchase both lots to double your property size to 1 full acre. Buyer will need to verify availability/distance/cost to connect to utilities and available build options. Request the 360 degree video. Owner/Broker.

Property Details

Property Features

Listing Office:

  • Office Name: Syan Real Estate
  • Office Phone: (505) 730-8181
  • Listing Agent: Leigh-Jo Anzures

Virtual/3D Tour

  • Virtual Tour: 5th Ave SW
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Lot Features

Lot Information:

  • Lot Size: 0.50 Acres

Other

Directions Information:

  • Directions: From Southern Blvd SW and 50th Street SW, turn north on 50th Street to 5th Avenue SW. Turn east on 5th Avenue. The property is the eighth lot on the north side of the road. For exact location, use GPS coordinates: 35.250160, -106.834382

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,250
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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

5th Ave SW vs Rio Rancho

314 DAYS ON ROCKET

+276 Days

$3,250

-$355.6K Less

KEY TAKEAWAY

This property is $355.6K 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: #1055293

Listing Office:

  • Office Name: Syan Real Estate
  • Office Phone: (505) 730-8181
  • Listing Agent: Leigh-Jo Anzures

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: 11/21/2024, 6:20:47 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

$84

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$76

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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-396386
5
/10
  • Puesta del Sol Elementary School

  • 450 Southern Blvd SE

  • 1.18 miles

  • Public District Grades KG-5

school-card-donut-396387
4
/10
  • Maggie Cordova Elementary School

  • 1500 Veranda Rd SE

  • 2.83 miles

  • Public District Grades KG-5

school-card-donut-396388
7
/10
  • Martin Luther King Jr. Elementary School

  • 1301 Nicklaus Dr SE

  • 3.55 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 majority of Rio Rancho, NM residents have income between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

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 5th Ave SW

What is the listing price of this property?

The listing price of 5th Ave SW property is $3,250.

What type of property is this?

The property 5th Ave SW is land located in Rio Rancho, New Mexico, 87124.

Is this property for sale now?

Active Listing: 5th Ave SW is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 5th Ave SW is 0.50 acres.
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Rocket HomesNew MexicoSandoval CountyRio Rancho871245th Ave SW

This home is located at 5th 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 January 12, 2024 and is currently priced at $3,250.

In October 2024 more than 23 listings in Rio Rancho, NM were sold above the asking price. During the same period more than 43 listings were sold at asking price, while more than 53 were sold below. The inventory of homes for sale in Rio Rancho, NM between September 2024 and October 2024 decreased by 9%. In October 2024 median list price was $358,871 and the average listing age was 38 days.

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

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