Location: New Mexico- Rio Rancho Estates- Lot 44 Harvest CtFor Sale- 1/2 acre lot in Rio Rancho New Mexico - SALE $8,995.00 OBO SAVE $1,900.00 . In Rio Rancho Estates! Unit 24, Block 68, Lot 44. -MONEY MAKER!!!
This 1/2 acre lot is located 35 miles from Albuquerque, NM and 65 from Sante Fe. The High School ( V. Sue Cleveland High School: Phone # (505) 338-0078 ) is built and ready to open in the Fall of 2009 where land prices will even increase more. The area is growing very quickly with many homes already built. There is already Walmart, schools, Casino etc. in the area. Get in before the prices are too high! Some 1/2 acre lots are priced over $60,000 in Unit 21 and over $35,000 in Unit 20. It would make a great vacation home or just as an investment with no time limit to build.
As the homes come closer to this unit the prices will continue to grow! WALMART is only 9 miles from this lot!
These Rio Rancho Estates lots are very desirable right now. It's a great time to invest in land! The new High School opens in 2009 in Unit 20! Click on the link to see the progress and construction pictures of the High school. CLICK HERE TO SEE THE NEW HIGH SCHOOL OR copy and paste the link http://www.rrps.net/NewHS/index.htm
This is an up and coming area where land values will only increase!!! Invest today! House sales are down but Land sales are up while investors are scooping up land for the next Real Estate boom while they can buy low!
This property represents an excellent short to long term investment in a high growth area. Located in the Rio Rancho Estates, this property is just outside of the booming community of Rio Rancho New Mexico (only 35 miles northwest of Albuquerque and 65 miles southwest of Santa Fe).
Rio Rancho Estates is in Sandoval County in spectacular Central New Mexico. The area lies atop a mesa which offers incredible views of the Sandia and Jemez Mountains. This high plateau overlooks the beautiful Rio Grande River Valley as it winds its way down from Colorado through New Mexico. The high altitude and dry southern climate provides for a very hospitable climate of pleasant summers and mild winters. The sun shines here over 300 days a year! This area is know for its spectacular sunsets and rustic yet sophisticated way of life. The Rio Rancho area is a great place to live with its clean streets, inviting parks, swimming pools, baseball fields, soccer fields, churches, synagogues, restaurants, stores and shops. This truly is the "Land of Enchantment"
The Land of EnchantmentWe believe that property in this area is a great investment. The community of Rio Rancho, the fourth largest city in New Mexico, had a population of about 70,000 in 2005 an increase from 56,600 in 2002. This area is undergoing tremendous growth with City officials predicting a population of 110,000 by 2010. The city has broke ground on a new Events Center and City Center and there is a master planned downtown and city center that will be home to sporting events, trade shows, and family activities. The thriving business community has 500 Chamber members and provides many job opportunities in the industrial, commercial and service industries. A new school district is dedicated to the highest quality education. Anchored by high tech chip maker Intel who employs over 5,000 workers, the unemployment rates remain well below the state national averages. Other major industries in Rio Rancho include but are not limited to Victoria's Secret and Sprint. Rio Ranch is the fastest growing city in New Mexico. Home buyers can find a four-bedroom, 2,800 square foot house for $294,000. Housing is extremely affordable and there has been tremendous population growth in Rio Ranchos in the last 20 years. Rio Rancho ranked among Money Magazines Top 100 Places to live for the second year in a row and Albuquerque has was just rated the #1 Best Place for Business and Careers in the United States by Forbes Magazine.
Recreational opportunities abound in the region. Albuquerque has all the amenities and services of a major city including an international airport and the very well respected University of New Mexico. Several National Forests and other public lands are also nearby. There is something for everyone here! The region has a rich cultural history that is likely the most diverse in the United States. The region is still home to a vibrant Native American population that inhabit Pueblos along the course of the Rio Grande River. The area was once part of the Kingdom of Spain and later a territory of Mexico. Many important events in American Western history took place nearby.
DRIVING DIRECTIONS: From Albuquerque, NM
1. Head south on University Blvd SE toward Silver Ave SE0.1 mi
2. Take the 2nd right onto Lead Ave SE0.5 mi
3. Turn right at Oak St SE (signs for I-25)118 ft
4. Take the ramp on the left onto I-25 N/US-85 N7.9 mi
5. Take exit 233 toward Alameda Blvd/NM-5280.2 mi
6. Merge onto Pan American Fwy NE0.2 mi
7. Turn left at Alameda Blvd NE/NM-5283.3 mi
8. Continue straight onto Alameda Blvd NW/NM-5280.8 mi
9. Slight left to stay on Alameda Blvd NW/NM-528 Continue to follow NM-5283.2 mi
10. Turn left at Southern Blvd SE2.3 mi
11. Turn right at Unser Blvd SE2.9 mi
12. Turn left at Cherry Rd NE1.4 mi
13. Turn right at 10th St NE0.7 mi
14. Turn left at 28th Ave2.4 mi
15. Continue on 29th Ave3.7 mi
16. Turn right at Encino Rd NW1.5 mi
17. Turn left at Rhythmn Rd0.9 mi
18. Sharp right at Yeats Rd0.3 mi
19. Take the 3rd left onto Newport Rd0.3 mi
20. Take the 2nd right onto Harvest Ct Destination will be on the right
Males: 36,849 (48.5%)
Females: 39,129 (51.5%)
Median resident age: 35.1 years
New Mexico median age: 34.6 years
Zip codes: 87124, 87174.
Estimated median household income in
2007: $54,033 (it was $47,169 in 2000)
Rio Rancho: $54,033
New Mexico: $41,452Estimated median house or condo value in 2007: $181,600 (it was $111,900 in 2000)
Rio Rancho: $181,600New Mexico: $155,400Median gross rent in 2007: $794
1996: 961 buildings, average cost: $56,600
1997: 1014 buildings, average cost: $56,700
1998: 1052 buildings, average cost: $56,900
1999: 449 buildings, average cost: $89,700
2000: 576 buildings, average cost: $87,900
2001: 864 buildings, average cost: $94,100
2002: 857 buildings, average cost: $95,600
2003: 1021 buildings, average cost: $94,900
2004: 1213 buildings, average cost: $95,200
2005: 1202 buildings, average cost: $95,200
2006: 1935 buildings, average cost: $207,900
2007: 1147 buildings, average cost: $209,800
TOP EMPLOYERS IN RIO RANCHO 2008
INTEL- 3,300
Rio Rancho Public Schools- 1,838
INTEL CONTRACTORS- 1,300
SPRINT- 800
BANK OF AMERICA- 700
CITY OF RIO RANCHO- 651
E-TELECARE- 620
BYCON CONSTRUCTION- 422
SANDOVAL COUNTY- 406
VICTORIA SECRET- 400
JC PENNY CUSTOMER- 350
WAL-MART- 334
US COTTON INC- 210
INTERSECTION- 200
DON CHALMERS FORD- 198
LECTRONSONICS- 140
WASTE MANAGEMENT- 140
FORM-COVE MANUFACTURING- 125
INSIGHT LIGHTING- 114
AEROPARTS MANUFACTURING- 98
AQUATIC POOLS- 80
AERO MECHANICAL- 76
Other 1/2 acre lots in the Rio Rancho Estates are listed or sold for $20,000 - $100,000 or more depending on Unit location. For a price comparison, you can view a list of other similar properties at:
http://www.patmontrose.com/rioranchoestates.html
Copy and paste the link below for Google Maps for an Aerial View of the area
http://maps.google.com/maps?f=q&source=s_q&hl=en&geocode=&q=35.331630,-106.854933&sll=35.332265,-106.855152&sspn=0.007142,0.01339&ie=UTF8&hq=&hnear=Harvest+Ct,+Rio+Rancho,+Sandoval,+New+Mexico+87124&ll=35.331617,-106.855152&spn=0.007142,0.01339&t=h&z=16
Property Profile:
GENERAL ELEVATION: 5,400 feet
Legal Description: - Unit 24, Block 68, Lot 44 Rio Rancho Estates--: _Lot numbered Forty-Four (44) in Block numbered Sixty-eight (68) of Unit 24, Rio Rancho Estates, Town of Alameda Grant, Sandoval County, New Mexico, as the same is shown and designated on the plat thereof, filed in the office of the County Clerk of Sandoval County, New Mexico, on May 18, 1962, in Vol. RR1, folio 25.
GPS Coord's: 35.331630,-106.854933
HOA/POA Fees: None
POWER: In the subdivision but not to the lot line.
PHONE: In the subdivision but not to the lot line.
WATER: In the subdivision but not to the lot line.
SEWER: In the subdivision but not to the lot line.
Taxes: Approximately $100/year. Taxes are current.
Lot Size- 1/2 acre
Zoning- Residential -
Title- Conveyed by Special Warrenty
County- Sandoval County
TIME LIMIT TO BUILD: None
AREA: Flat to rolling with beautiful views.
Please do your own due dilligence as you should do with any land purchase. This land is sold as is and all information provided is at the best of our knowledge. ALL PROSPECTIVE BUYERS ARE URGED TO RESEARCH THIS INFORMATION TO THEIR OWN SATISFACTION PRIOR TO BUYING THIS PROPERTY. We have not seen this property.
The price will include a $199 closing cost fee but no other fees will apply. The asking price is $8,995.00. SALE PRICE- SAVE $1,900.00! If you have any questions please let me know. Mike@land4less.us or call Mike @ 480-239-2280 or toll free 1-877-USLAND-5.
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