.40 Acre Lot in Rio Rancho New Mexico ~ Great Investment

$7,475

Gallery

Purchase

Owner Finance Price:

$7,475

Deposit:

$500

Your deposit is fully refundable within 48 hours

Once you submit a deposit, you will receive an instant notification receipt that the deposit has been made. The deposit will be deducted from the purchase price.

Your contract with payment instructions will be emailed to you by our closing coordinator. You have 48 hours to decide if you want to proceed with purchase.

The remaining balance may be paid by wire transfer, cashier’s check, direct deposit or Zelle payment. Once the payment is received we will transfer the ownership and pay all the recording fees.

Call or Text us anytime at 910-665-9012 for questions or to buy this property.

Description

Attention investors! This is the cheapest half acre for sale in Rio Rancho Estates. Other listings are 5k - 10k. Located in an area surrounded by development and accessible to Unser Blvd, let this lot help create your future. Embrace the open desert land and enjoy nice get a way or just hold for investment. Rio Rancho is one of the fastest growing towns in New Mexico.

Property can close through title company with title insurance for approx. $800 - $1200. In house closing is available for $299. Buyer is to perform their own due diligence and pay all closing costs and title fees if choosing to close with title company.

**Zoning: CD-RRE (rural residential), which allows for single-family homes, double-wide Modular & Manufactured homes.

**Buildable Lot? Yes, however, access to utilities could be challenge. Solar is easiest option.

**Legal Rd Access: Yes, Dirt road

**Animals Allowed: Limited number only, depending on the size of the lot

**Flood Zone Area: No

**Impact Fee: None

**HOA: None

**Utilities: Well and Septic Required

Owner finance is available with no credit check or income verification. Contract for deed, with deed being transferred after final payment.

Everyone is approved!

Down payment is $ 3,000 and APR is 10%


5 Years -> $ 233.72 per month

7 Years -> $ 182.61 per month

10 Years -> $ 145.37 per month

More Details

  • Category
  • Down Payment
    $1,000
  • Property ID
    N-11015
  • Land Size
    0.5 acres / 21780 SqFt
  • Deed
    Warranty Deed
  • Road Access
    Dirt Road
  • Utilities
    Well and Septic Needed
  • Legal
    Legal: Subd: Rio Rancho Estates Block: 59 Lot: 5 Unit: 21
  • Zoning
    Rural Residential
  • Taxes
    30
  • Parcel
    R003482
  • Address
    2406 Cardomon Road Northeast, Rio Rancho, Sandoval County, NM, United States, 87144
  • GPS
    35.33401, -106.6886
  • Property Appraiser Office
    -
  • Tax Collector Office
    -

Location

2406 Cardomon Road Northeast, Rio Rancho, Sandoval County, NM, United States, 87144 | Get direction

Contact Us

Purchase

Owner Finance Price:

$7,475

Deposit:

$500

Your deposit is fully refundable within 48 hours

Once you submit a deposit, you will receive an instant notification receipt that the deposit has been made. The deposit will be deducted from the purchase price.

Your contract with payment instructions will be emailed to you by our closing coordinator. You have 48 hours to decide if you want to proceed with purchase.

The remaining balance may be paid by wire transfer, cashier’s check, direct deposit or Zelle payment. Once the payment is received we will transfer the ownership and pay all the recording fees.

Call or Text us anytime at 910-665-9012 for questions or to buy this property.

Description

Attention investors! This is the cheapest half acre for sale in Rio Rancho Estates. Other listings are 5k - 10k. Located in an area surrounded by development and accessible to Unser Blvd, let this lot help create your future. Embrace the open desert land and enjoy nice get a way or just hold for investment. Rio Rancho is one of the fastest growing towns in New Mexico.

Property can close through title company with title insurance for approx. $800 - $1200. In house closing is available for $299. Buyer is to perform their own due diligence and pay all closing costs and title fees if choosing to close with title company.

**Zoning: CD-RRE (rural residential), which allows for single-family homes, double-wide Modular & Manufactured homes.

**Buildable Lot? Yes, however, access to utilities could be challenge. Solar is easiest option.

**Legal Rd Access: Yes, Dirt road

**Animals Allowed: Limited number only, depending on the size of the lot

**Flood Zone Area: No

**Impact Fee: None

**HOA: None

**Utilities: Well and Septic Required

Owner finance is available with no credit check or income verification. Contract for deed, with deed being transferred after final payment.

Everyone is approved!

Down payment is $ 3,000 and APR is 10%


5 Years -> $ 233.72 per month

7 Years -> $ 182.61 per month

10 Years -> $ 145.37 per month

More Details

  • Category
  • Down Payment
    $1,000
  • Property ID
    N-11015
  • Land Size
    0.5 acres / 21780 SqFt
  • Deed
    Warranty Deed
  • Road Access
    Dirt Road
  • Utilities
    Well and Septic Needed
  • Legal
    Legal: Subd: Rio Rancho Estates Block: 59 Lot: 5 Unit: 21
  • Zoning
    Rural Residential
  • Taxes
    30
  • Parcel
    R003482
  • Address
    2406 Cardomon Road Northeast, Rio Rancho, Sandoval County, NM, United States, 87144
  • GPS
    35.33401, -106.6886
  • Property Appraiser Office
    -
  • Tax Collector Office
    -

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