Located just west of the 41 and north of McIntosh in the El Rancho Grande subdivision, this three acre lot (three 1 acre parcels) is ideal for anyone looking to trade their congested urban lifestyle for a quaint community nestled in the heart of the New Mexico countryside. Sitting only a little more than a half hour drive from Albuquerque, you’ll find that living here will provide you easy access to all the entertainment, nightlife, sporting events and culture offered by the nearby city while still giving you a quiet place to call your own. Best of all, this is an affordable small town that will see your dollar go a lot further than it would in nearby Albuquerque, Rio Rancho or even Santa Fe.
The Torrance County Assessor places the market value of these three one acre lots at $10,500, meaning at this purchase price, you could very easily buy this land and resell it for a fast profit or, live on one acre and resell the other two.
Things To Know: These properties are located on Espejo between Avienda Del Sol and Rio Vista Rd. There is power nearby at two well maintained homes, but there are no power lines along Espejo. Anyone looking to live here would need to consider a solar alternative or contact the local power company about running power out to the land. This property has been discounted to help accomodate this situation.
|Best Attribute||Mobile, Modular Friendly Neighborhood|
|APN or Other ID||1047044354195000000|
|Legal Description||El Rancho Grande Subdivision, Lots 2, 3 & 4, Block 6, Unit 2|
|Property Type||Rural Land|
|Terrain||Flat With Blue Skies|
|General Elevation (in feet)||6264|
|Power||At lot line|
|Water||Would be by well or alternative system|
|Sewer||Septic or Alternative System|
|Time to Build||No Limit|
|Title Info||Clear Title|
|Annual Property Taxes (Approx)||$81.54|