Welcome To This Beautiful Green Belt Lot Located In The Heart Of Corrales. This 1.56 Acre Lot Has Been Previously Used For Agricultural Purposes and Has Several Unused Wells, Including Irrigation Wells, In Two Separate Locations. Don't Miss This Wonderful Opportunity To Own One Of The Best Lots In Corrales.
Property Details
Property Features
Listing Office:
Office Name: Simply Real Estate
Office Phone: (505) 308-3800
Listing Agent: Leland R Locke
Lot Features
Lot Information:
Lot: Wooded
Lot Size: 1.56 Acres
Other
Directions Information:
Directions: From Corrales Rd and Alameda Blvd, North on Corrales Rd, Left on W Meadowlark Lane, Property is on the Left approximately 700 feet from Corrales Rd.
Price Information
Listing Price Info
Price Summary:
List Price: $400,000
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 Corrales, NM.
This property is $289K less than the Median Sold Price in Corrales, NM.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: SWMLS
MLS Number: #1066791
Listing Office:
Office Name: Simply Real Estate
Office Phone: (505) 308-3800
Listing Agent: Leland R Locke
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.
$2,064
Per Month
Principal & Interest
$1,997
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
$1,266
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
Corrales Elementary School
200 Target Rd
Distance between this listing and this school0.98 miles
Public District Grades KG-5
4
/10
Alameda Elementary School
412 Alameda Blvd NW
Distance between this listing and this school1.97 miles
Public District Grades PK-5
6
/10
Rio Rancho Elementary School
4601 Pepe Ortiz Rd SE
Distance between this listing and this school2.38 miles
Public District Grades KG-5
Nearby Schools
5
/10
Taylor Middle School
8200 Guadalupe Trl NW
Distance between this listing and this school2.96 miles
Public District Grades 6-8
6
/10
North Valley Academy
7939 4th St NW
Distance between this listing and this school3.09 miles
Public Charter Grades PK-8
6
/10
Lincoln Middle School
2287 Lema Rd SE
Distance between this listing and this school4.29 miles
Public District Grades 6-8
Nearby Schools
9
/10
Rio Rancho Cyber Academy
1330 Jackie Rd SE
Distance between this listing and this school2.15 miles
Public District Grades 6-12
6
/10
Cibola High School
1510 Ellison Dr NW
Distance between this listing and this school2.33 miles
Public District Grades 9-12
7
/10
The Ask Academy
4550 Sundt Rd NE
Distance between this listing and this school3.02 miles
The neighbors living near this home have an average income of $85,364. Typical income of Corrales, NM residents is between $35k-100k annually. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Living In Corrales, 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 Corrales, NM?
The housing landscape in Corrales is characterized by a predominance of single-family homes, which make up a significant portion of the market. These homes often feature Southwestern and Pueblo-style architecture, reflecting the region's cultural heritage. The area also offers a selection of townhouses and a limited number of apartments, providing options for various living preferences. The majority of the homes were built between the 1970s and the 1990s, with a homeownership rate that is high, indicating a stable residential community.
Is Corrales, NM a good place to live?
Corrales maintains a rural charm and a strong sense of community, celebrated for its agricultural roots and open spaces. The village prides itself on its local art scene, with numerous galleries and studios dotting the area. Seasonal events, such as the Corrales Harvest Festival, embody the community's connection to its agrarian history and foster a sense of togetherness among residents.
Are things conveniently located in Corrales, NM?
Residents of Corrales have access to a range of essential services. The community is served by a number of public schools, providing educational opportunities from elementary through high school levels. Healthcare services are available in nearby cities, offering comprehensive care including urgent and primary care. The village also features a public library, and local retail and dining establishments reflect the unique culture of the area, with a focus on locally-sourced products and traditional New Mexican cuisine.
What does the transportation in Corrales, NM look like?
Transportation in Corrales is primarily oriented towards private vehicles, with well-maintained roads connecting residents to nearby cities and amenities. Public transit options are available, with services connecting to the larger metropolitan area. The village's layout and scenic trails also encourage walking and biking, with certain areas being particularly pedestrian-friendly. While ride-sharing services are present, they complement the existing transportation infrastructure, offering additional mobility solutions for residents and visitors.
Frequently Asked Questions About W Meadowlark Ln
What is the listing price of this property?
The listing price of W Meadowlark Ln property is $400,000.
What type of property is this?
The property W Meadowlark Ln is land located in Corrales, New Mexico, 87048.
Is this property for sale now?
Active Listing: W Meadowlark Ln 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 W Meadowlark Ln in Corrales, NM and zip code 87048. This home sits on a 1.56 acre lot. It has been listed on Rocket Homes since July 22, 2024 and is currently priced at $400,000.
In October 2024, from all listings sold in Corrales, NM there were more than 2 sold above asking price, over 6 sold below and more than 2 were sold right at the asked price. In October 2024 in Corrales, NM there were 3.3% less homes for sale than in September 2024. In October 2024 median list price was $689,000 and the average listing age was 43 days.
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. 
PGA/LPGA
PGA/LPGA
Skiing/snowboarding
NASCAR
Stein Mart
BJs Wholesale Club
Dollar General
Bob Evans
Panera
Cracker Barrel
Lincoln
Infiniti
Lexus
News/Talk/Information
Adult Hits
Oldies