AFFORDABLE 1.6 ACRES! ONLY $29,000. Wonderful building site that is about 200' off the road, with views of the Sandias, Mesas, Cabezon, Jemez Mtns & Mt Taylor! This lot has room for horses, etc. Bank financing is available! Reasonable covenants: 1200 sq ft minimum house size, 17' height restriction, horses allowed. No HOA. Electricity & phone are at the NE corner of the lot. Good wells in the area; nearby wells are about 400-600 feet deep. Less than 1/4 mile from thousands of acres of public land! *****Sellers own an additional 3.729 acres adjacent to the south (which is under the power lines) that they will sell for an additional $3,729. You couldn't build on the additional land, but you could use it for horses or just for extra privacy! It goes west all the way to the Public Land!*****
Property Details
Property Features
Listing Office:
Office Name: Placitas Realty Inc.
Office Phone: (505) 867-8000
Listing Agent: David Harper
Lot Features
Lot Information:
Lot: Views, Gentle Sloping, Stream/Creek
Lot Size: 1.63 Acres
Other
Directions Information:
Directions: I-25 Placitas Exit (242), then east on Highway 165 for 7 miles. Turn left on Camino Del Tecolote and go north 3/4 mile. Turn left on Camino De La Rosa Castilla and go 2 miles to the intersection with Camino De Las Huertas. Continue on Camino De La Rosa Castilla 1 more mile, then turn right on Palomar Road. Go east on Palomar Rd (about 300' past house #8) and the lot is on the right.
Price Information
Listing Price Info
Price Summary:
List Price: $29,000
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 Placitas, NM.
This property is $621K less than the Median Sold Price in Placitas, NM.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: SWMLS
MLS Number: #1072712
Listing Office:
Office Name: Placitas Realty Inc.
Office Phone: (505) 867-8000
Listing Agent: David Harper
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.
$212
Per Month
Principal & Interest
$145
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
$153
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
9
/10
Placitas Elementary School
5 Calle Del Carbon
Distance between this listing and this school2.62 miles
Public District Grades PK-5
3
/10
Algodones Elementary School
1300 Highway 313
Distance between this listing and this school3.95 miles
Public District Grades PK-5
3
/10
Bernalillo Elementary School
301 Calle Del Carbon
Distance between this listing and this school7.81 miles
Public District Grades 3-5
Nearby Schools
3
/10
Bernalillo Middle School
485 Camino Don Tomas
Distance between this listing and this school7.69 miles
Public District Grades 6-8
8
/10
Sandoval Academy of Bilingual Education
4321 Fulcrum Way NE Ste A
Distance between this listing and this school8.85 miles
Public Charter Grades KG-8
9
/10
Mountain View Middle School
4101 Montreal Loop NE
Distance between this listing and this school9.38 miles
Public District Grades 6-8
Nearby Schools
4
/10
Bernalillo High School
250 Isidro Sanchez Rd
Distance between this listing and this school6.92 miles
Public District Grades 9-12
7
/10
Cleveland High School
4800 Cleveland Heights Rd NE
Distance between this listing and this school12.55 miles
Public District Grades 9-12
7
/10
East Mountain High School
25 La Madera Rd
Distance between this listing and this school12.77 miles
The neighbors living near this home have an average income of $64,744. Most Placitas, NM residents have annual incomes between $35k-100k. Typical family type 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 Placitas, 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 Placitas, NM?
The housing landscape in Placitas is characterized by a mix of architectural styles, with a notable presence of Southwestern adobe homes that reflect the region's cultural heritage. Single-family homes are prevalent, offering spacious living environments often accompanied by scenic views of the surrounding mountains and desert. The market also includes a selection of modern and ranch-style houses, with a focus on integrating indoor and outdoor living spaces. While the majority of residences are owner-occupied, there are opportunities for renting, catering to a range of lifestyle preferences.
Is Placitas, NM a good place to live?
Placitas maintains a serene and inviting atmosphere, with a strong sense of community that is celebrated through local art shows, farmers markets, and annual festivals. The area prides itself on its tranquil desert landscapes and the close-knit nature of its neighborhoods, which foster a peaceful living environment. Residents enjoy the blend of rural charm and cultural richness, with easy access to outdoor recreational activities such as hiking and horseback riding in the nearby Cibola National Forest and the Sandia Mountains.
Are things conveniently located in Placitas, NM?
Residents of Placitas have access to a variety of essential services within the community. The educational needs are served by a number of public and private schools in the vicinity, ensuring options for families with children. Healthcare is accessible through local clinics and nearby hospitals that provide a range of medical services. The community also benefits from a public library and a selection of retail and dining options that showcase local flavors and crafts. City initiatives are in place to continually enhance these services, adapting to the evolving needs of the population.
What does the transportation in Placitas, NM look like?
Transportation in Placitas includes a combination of private vehicle use and public transit options, with roads connecting to major highways for commuting to nearby cities such as Albuquerque. The area's public transportation system offers routes that facilitate access to employment centers and amenities, although schedules may vary. The community is also served by ride-sharing services, providing additional flexibility for residents. While some neighborhoods in Placitas are more walkable, the overall community is best navigated by car, especially given the spacious layout and rural setting.
Frequently Asked Questions About Palomar Rd
What is the listing price of this property?
The listing price of Palomar Rd property is $29,000.
What type of property is this?
The property Palomar Rd is land located in Placitas, New Mexico, 87043.
Is this property for sale now?
Active Listing: Palomar Rd 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 Palomar Rd in Placitas, NM and zip code 87043. This home sits on a 1.63 acre lot. It has been listed on Rocket Homes since December 10, 2024 and is currently priced at $29,000.
In November 2024 more than 1 listings in Placitas, NM were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 11 were sold below. In November 2024 in Placitas, NM there were 9.1% less homes for sale than in October 2024. Listings spent 96 days on the market in November 2024, and had a median list price of $650,000 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. 
Hunting
Hunting
NASCAR
Figure Skating
Dillards
Dick's Sporting Goods
Wal-Mart
Cracker Barrel
Texas Roadhouse
Hardee's
Cadillac
Subaru
Ram
News/Talk/Information
New Country
Classic Country