Sitting just outside Albuquerque, this charming two 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:
The Rio Rancho Estates Subdivision was created and platted out in the 1950’s. When this was done the developer bought up thousands of acres and subdivided most all into one acre lots, meaning that in the thousands of acres that comprise this subdivision there are very few lots larger in size than one acre. This two acre lot itself is in fact two adjacent one acre lots and it is incredibly rare to find anything even this large within the entirety of the subdivision.
|Best Attribute||Close To Development|
|APN or Other ID||R042909|
|Legal Description||RIO RANCHO ESTATES, UNIT 6, BLOCK 63, LOTS 27 & 28|
|Property Type||Rural Land|
|Terrain||Flat With Blue Skies|
|General Elevation (in feet)||6148|
|Sewer||Septic or Alternative System|
|Time to Build||No Limit|
|Title Info||Clear Title|
|Annual Property Taxes (Approx)||$92.52|