3 months on rocket

601 S Forest Ave, Mountainair, NM, 87036

$44,500

14.85 Acres
Land

Location

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Property Highlights

Home TypeOther
MLS #1066403
Lot Size14.85 Acres
StatusActive

About 601 S Forest Ave

Great investment opportunity 5 lots totaling 14.847 acres with town water and electricity available. Keep one lot for yourself and sell off the rest or develop them all as an investment in the growing rural town of Mountainair. Platted lots are approximately 7.5 acres, 3.8 acres, and three 1 acre lots. Three town roads access the North boundary of the property. Southern boundary is the private Railroad access road. Mountainair has artist studios and galleries, year round festivals, historic Shaffer Hotel and Restaurant, with the National Forest and the Mission ruins nearby. Everything you need in town with a full organic/natural grocer, bank, mechanic, health clinic, hardware store, and more. Great place to live and invest. Come enjoy the best the Southwest has to offer.

Property Details

Property Features

Listing Office:

  • Office Name: Hawkeye Realty
  • Office Phone: (505) 705-0162
  • Listing Agent: Patrick Todd Sledge

Lot Features

Lot Information:

  • Lot: Views, Wooded
  • Lot Size: 14.85 Acres

Other

Directions Information:

  • Directions: From the intersection of Hwy 55 and Hwy 60 head west on Hwy 60 for .5 miles. Turn South on Forest Ave and go . 3 miles where the road will dead end into the green gate which is current access to the property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $44,500
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Housing Market Comparison

See how this home compares to others in Mountainair, NM.

Med. Sold Price

$510K

Med. Price/SqFt

$189

Avg. Days On Market

6

# of Sold Homes

1

601 S Forest Ave vs Mountainair

102 DAYS ON ROCKET

+96 Days

$44,500

-$465.5K Less

KEY TAKEAWAY

This property is $465.5K less than the Median Sold Price in Mountainair, NM.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Name: SWMLS
  • MLS Number: #1066403

Listing Office:

  • Office Name: Hawkeye Realty
  • Office Phone: (505) 705-0162
  • Listing Agent: Patrick Todd Sledge

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: 11/18/2024, 3:20:50 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

$290

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$200

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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-634933
6
/10
  • Mountainair Elementary School

  • 405 Broadway

  • 0.46 miles

  • Public District Grades PK-5

school-card-donut-634934
5
/10
  • Lower Elementary School

  • 624 8th St

  • 20.20 miles

  • Public District Grades 1-3

school-card-donut-634935
4
/10
  • Desert View Elementary School

  • 49 Camino La Canada

  • 28.67 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,508. The most common annual income of people living in Mountainair, NM is less than $35k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 601 S Forest Ave

What is the listing price of this property?

The listing price of 601 S Forest Ave property is $44,500.

What type of property is this?

The property 601 S Forest Ave is land located in Mountainair, New Mexico, 87036.

Is this property for sale now?

Active Listing: 601 S Forest Ave is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 601 S Forest Ave is 14.85 acres.
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Rocket HomesNew MexicoTorrance CountyMountainair87036601 S Forest Ave

This home is located at 601 S Forest Ave in Mountainair, NM and zip code 87036. This home sits on a 14.85 acre lot. It has been listed on Rocket Homes since August 07, 2024 and is currently priced at $44,500.

Mountainair, NM housing market in October 2024 saw over 0 listings sold above listed price, more than 1 sold at listed price and over 0 sold below. Between September 2024 and October 2024, Mountainair, NM real estate market has seen decrease in the number of listings by 37.5%. In October 2024, listings were on the market for 6 days. During the same period, the median list price in this real estate market was $510,000.

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

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