This property is ready for you to either bring your next home out there or build it. It has amazing views of the sunsets and sun rises. This property is close to schools, the local pool and parks. Come check it out and make it yours.
Property Details
Property Features
Listing Office:
Office Name: Realty One of New Mexico, LLC
Office Phone: (505) 883-9400
Listing Agent: Greg Shea
Lot Features
Lot Information:
Lot Size: 0.94 Acres
Other
Directions Information:
Directions: Southern west to Rainbow Blvd turn Right, then turn left on 6th to the end of the road on the left side.
Price Information
Listing Price Info
Price Summary:
List Price: $30,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Rio Rancho, NM.
This property is $326.9K 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: #1065520
Listing Office:
Office Name: Realty One of New Mexico, LLC
Office Phone: (505) 883-9400
Listing Agent: Greg Shea
The 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.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$217
Per Month
Principal & Interest
$150
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$156
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Colinas Del Norte Elementary School
1001 Night Sky Ave NE
Distance between this listing and this school1.97 miles
Public District Grades KG-5
5
/10
Puesta del Sol Elementary School
450 Southern Blvd SE
Distance between this listing and this school2.19 miles
Public District Grades KG-5
6
/10
Ernest Stapleton Elementary School
3100 Stapleton Ave NE
Distance between this listing and this school2.88 miles
Public District Grades KG-5
Nearby Schools
6
/10
Lincoln Middle School
2287 Lema Rd SE
Distance between this listing and this school2.48 miles
Public District Grades 6-8
6
/10
Eagle Ridge Middle School
800 Fruta Rd NE
Distance between this listing and this school2.51 miles
Public District Grades 6-8
9
/10
Rio Rancho Middle School
1600 Loma Colorado Blvd NE
Distance between this listing and this school4.01 miles
Public District Grades 6-8
Nearby Schools
8
/10
Rio Rancho High School
301 Loma Colorado Blvd NE
Distance between this listing and this school3.26 miles
Public District Grades 9-12
7
/10
The Ask Academy
4550 Sundt Rd NE
Distance between this listing and this school4.55 miles
Public Charter Grades 6-12
9
/10
Rio Rancho Cyber Academy
1330 Jackie Rd SE
Distance between this listing and this school4.61 miles
The neighbors living near this home have an average income of $67,926. Most Rio Rancho, NM residents have annual incomes between $35k-100k. The most common type of family is married, 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 are the common housing types 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 are the advantages of living 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.
Are essential services in Rio Rancho, NM convenient?
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.
How do Rio Rancho, NM residents get around?
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 718 6th Ave NW
What is the listing price of this property?
The listing price of 718 6th Ave NW property is $30,000.
What type of property is this?
The property 718 6th Ave NW is land located in Rio Rancho, New Mexico, 87124.
Is this property for sale now?
Active Listing: 718 6th Ave NW is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 718 6th Ave NW in Rio Rancho, NM and zip code 87124. This home sits on a 0.94 acre lot. It has been listed on Rocket Homes since June 21, 2024 and is currently priced at $30,000.
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 homes for sale in Rio Rancho, NM decreased by 16.4% between October 2024 and November 2024. Listings spent 40 days on the market in November 2024, and had a median list price of $356,947 during the same period.
From Rocket Homes Real Estate and based on county public records data.
The 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. 
College Basketball
College Basketball
Soccer
Horse Races
Dillards
Burlington
Stein Mart
Logan's Roadhouse
Wingstop
LongHorn Steakhouse
Hyundai
Nissan
Buick
Rock
Christian Adult Contemporary
Contemporary Inspirational