Get a full acre for only 9K. Check out the 2 lots next to this one. You can get 2 acres for 18K. Buyers are responsible to confirm restrictions, access and availability of all utilities including water. Great views. Water Hauling station is on Northern Blvd.
Property Details
Property Features
Listing Office:
Office Name: PQuail Realty & Property Mgmt
Office Phone: (505) 350-4503
Listing Agent: Kathleen M Cates
Lot Features
Lot Information:
Lot: Cleared, Views
Lot Size: 1.00 Acres
Other
Directions Information:
Directions: Head north on Northern and turn left (south) on 40th street. Turn right (west) on 3rst ave. Lots are between 45th street and 50th street on the north side of 3rd ave.
Price Information
Listing Price Info
Price Summary:
List Price: $9,000
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 $347.9K 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: #1066439
Listing Office:
Office Name: PQuail Realty & Property Mgmt
Office Phone: (505) 350-4503
Listing Agent: Kathleen M Cates
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.
$112
Per Month
Principal & Interest
$45
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
$93
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
5
/10
Puesta del Sol Elementary School
450 Southern Blvd SE
Distance between this listing and this school3.03 miles
Public District Grades KG-5
7
/10
Colinas Del Norte Elementary School
1001 Night Sky Ave NE
Distance between this listing and this school4.16 miles
Public District Grades KG-5
4
/10
Maggie Cordova Elementary School
1500 Veranda Rd SE
Distance between this listing and this school4.69 miles
Public District Grades KG-5
Nearby Schools
6
/10
Coyote Willow Family School
7125 Irving Blvd NW
Distance between this listing and this school4.60 miles
Public District Grades KG-8
6
/10
Lincoln Middle School
2287 Lema Rd SE
Distance between this listing and this school5.06 miles
Public District Grades 6-8
6
/10
Eagle Ridge Middle School
800 Fruta Rd NE
Distance between this listing and this school5.33 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 school6.00 miles
Public District Grades 9-12
6
/10
Volcano Vista High School
8100 Rainbow Blvd NW
Distance between this listing and this school6.25 miles
Public District Grades 9-12
9
/10
Rio Rancho Cyber Academy
1330 Jackie Rd SE
Distance between this listing and this school7.01 miles
The neighbors living near this home have an average income of $59,587. Residents of Rio Rancho, NM typically earn between $35k-100k each year. The most common type of family is married, with kids. Residents of this area typically have post secondary degree 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 LT55, 56 3rd Ave SW Unit 2
What is the listing price of this property?
The listing price of LT55, 56 3rd Ave SW Unit 2 property is $9,000.
What type of property is this?
The property LT55, 56 3rd Ave SW Unit 2 is land located in Rio Rancho, New Mexico, 87124.
Is this property for sale now?
Active Listing: LT55, 56 3rd Ave SW Unit 2 is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property LT55, 56 3rd Ave SW Unit 2 is 1.00 acres.
Interested in LT55, 56 3rd Ave SW Unit 2? Let's connect.
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 LT55, 56 3rd Ave SW Unit 2 in Rio Rancho, NM and zip code 87124. This home sits on a 1.00 acre lot. It has been listed on Rocket Homes since August 07, 2024 and is currently priced at $9,000.
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 inventory of homes for sale in Rio Rancho, NM between October 2024 and November 2024 decreased by 16.4%. In November 2024, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $356,947.
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. 
Hunting
Hunting
NASCAR
Monster Trucks
Academy Sports & Outdoors
Wal-Mart
Bass Pro Shops
Jimmy Johns
Hardee's
Applebees
Chevrolet
Ram
GMC
New Country
Classic Country