3 months on rocket

Hidalgo Rd SW, Rio Rancho, NM, 87124

$7,450

0.50 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #1064966
Lot Size0.50 Acres
StatusActive

About Hidalgo Rd SW

Take a look at this incredible opportunity to invest in your futere as a land owner. This property backs to a very sandy arroyo and is the perfect way to gain distance from the back properties. It also allows easy access if you have off road toys. Sitting just outside the Rio Rancho City Limits allows for plenty of growth in value as the city expands and grows.

Property Details

Property Features

Listing Office:

  • Office Name: Coldwell Banker Legacy
  • Office Phone: (505) 892-1000
  • Listing Agent: Stephen C Herkenhoff

Lot Features

Lot Information:

  • Lot: Cleared, Views, Gentle Sloping
  • Lot Size: 0.50 Acres

Other

Directions Information:

  • Directions: West on Southern Blvd. to the first street after you cross the arroyo. This is 8th St. SW (No Sign) Turn Right on 8th and follow to 4th Ave. SW. Turn Right and go one block to Hidalgo Rd. SW. The property is diagonally to the South right in front of the intersection. Please see satellite images for more details.

Price Information

Listing Price Info

Price Summary:

  • List Price: $7,450
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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

Hidalgo Rd SW vs Rio Rancho

109 DAYS ON ROCKET

+71 Days

$7,450

-$351.4K Less

KEY TAKEAWAY

This property is $351.4K 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: #1064966

Listing Office:

  • Office Name: Coldwell Banker Legacy
  • Office Phone: (505) 892-1000
  • Listing Agent: Stephen C Herkenhoff

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, 11:55:47 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

$105

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$89

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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-1257496
5
/10
  • Puesta del Sol Elementary School

  • 450 Southern Blvd SE

  • 2.93 miles

  • Public District Grades KG-5

school-card-donut-1257497
7
/10
  • Colinas Del Norte Elementary School

  • 1001 Night Sky Ave NE

  • 3.01 miles

  • Public District Grades KG-5

school-card-donut-1257498
6
/10
  • Cielo Azul Elementary School

  • 3804 Shiloh Rd NE

  • 4.26 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,587. Typical income of Rio Rancho, NM residents is between $35k-100k annually. The majority of families are married, with kids. The most common level of education of people living 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 Hidalgo Rd SW

What is the listing price of this property?

The listing price of Hidalgo Rd SW property is $7,450.

What type of property is this?

The property Hidalgo Rd SW is land located in Rio Rancho, New Mexico, 87124.

Is this property for sale now?

Active Listing: Hidalgo Rd SW is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property Hidalgo Rd SW is 0.50 acres.
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Rocket HomesNew MexicoSandoval CountyRio Rancho87124Hidalgo Rd SW

This home is located at Hidalgo Rd 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 August 07, 2024 and is currently priced at $7,450.

Over 23 listings were sold over their listed price in October 2024 in Rio Rancho, NM. In the same period over 53 listings were sold below the listed price and 43 listings were sold for the listed price. Between September 2024 and October 2024, Rio Rancho, NM real estate market has seen decrease in the number of listings by 9%. In October 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $358,871.

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

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