Product Description

Cash Purchase for $999; Terms Payment for $250 Down + $100 X 16 Months
Sitting just outside Albuquerque, this charming half acre lot will afford its owner the opportunity to be close to all the great nightlife, concerts, events, casinos, museums and national parks that surround the metro area while still providing the type of privacy not typical of the big city. In fact, one of the great benefits of owning a lot like this is that it sits in a still underdeveloped portion of Rio Rancho. With more and more Americans migrating to the sun belt every year, the Albuquerque Metro area is only going to expand with an ever growing need for land and housing to accommodate this upwardly mobile population. Owning a lot in a still growing section of the city affords the buyer – especially at this price – the ability to purchase low then sit back and watch as values appreciate.
Things To Know: This property sits out in Unit 6 which is a little further removed from the developed part of Rio Rancho but not too far back in the really remote regions. This sits about a half mile from the solar array (which you can see in some of the photos – appearing almost like a lake in the background) and has power lines just down the street. The roads are well maintained and there are great views of the Sandia Mountains from here as the property sits on a rise.

Property Details

Size (Acres)0.5
Best AttributeLow Taxes Great Investment
General Location...
APN or Other IDR035968
Legal DescriptionSUBD: RIO RANCHO ESTATES BLOCK: 20 LOT: 7 UNIT: 6
GPS35.2986,-106.816281
Property TypeRural Land
ZoningResidential
TerrainFlat With Blue Skies
General Elevation (in feet)6148
PowerIn the area
PhoneMobile/Satellite/Alternative
WaterWould be by well or alternative system
SewerSeptic or Alternative System
RoadsDirt/Gravel
Time to BuildNo Limit
Title InfoClear Title
Annual Property Taxes (Approx)$23.86
Doc Fee$150
TermsCash Only