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1340 Vargas Rd SE, Rio Rancho, NM, 87124

$105,000

1.46 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #1070287
Lot Size1.46 Acres
StatusActive

About 1340 Vargas Rd SE

Introducing a highly sought-after land parcel with stunning views in Rio Rancho, located off Westside Blvd. Seller does have a builder ready to build your dream on the lot! This expansive property spans over an acre and offers exceptional potential as an investment or to build your dream home. Developing area with custom houses surrounding it. The seller does have a Staked Survey available along with building plans. Prime location being situated near Presbyterian Hospital, Intel, Movie theater, and many new restaurants! If you need a builder reach out! We have one ready to go!

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (505) 271-8200
  • Listing Agent: NM Home Deals Inc.

Exterior Features

Exterior Information:

  • Exterior: Propane Tank - Leased

Lot Features

Lot Information:

  • Lot: Views
  • Lot Size: 1.46 Acres

School Info

Assigned Schools Information:

  • Rio Rancho High School, Public District Grades 9-12
  • Lincoln Middle School, Public District Grades 6-8
  • Maggie Cordova Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: To reach the property, follow these directions:- Head north on Unser.- Take a left onto West Side Blvd.- Make a right onto 19th.- Finally, turn left onto Vargas. The property will be on your left-hand side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $105,000
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Housing Market Comparison

See how this home compares to others in Rio Rancho, NM.

Med. Sold Price

$359.8K

Med. Price/SqFt

$206

Avg. Days On Market

28

# of Sold Homes

121

1340 Vargas Rd SE vs Rio Rancho

52 DAYS ON ROCKET

+24 Days

$105,000

-$254.8K Less

KEY TAKEAWAY

This property is $254.8K less than the Median Sold Price in Rio Rancho, NM.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWMLS
  • MLS Number: #1070287

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (505) 271-8200
  • Listing Agent: NM Home Deals Inc.

IDXThe data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.

Copyright © 2024 Southwest Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/31/2024, 7:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$592

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$381

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-819086
4
/10
  • Maggie Cordova Elementary School

  • 1500 Veranda Rd SE

  • 0.78 miles

  • Public District Grades KG-5

Middle School

school-card-donut-819087
6
/10
  • Lincoln Middle School

  • 2287 Lema Rd SE

  • 2.40 miles

  • Public District Grades 6-8

High School

school-card-donut-819088
8
/10
  • Rio Rancho High School

  • 500 Laser Rd NE

  • 5.12 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,842. The majority of Rio Rancho, NM residents have income between $35k-100k annually. Residents typically live in married, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Rio Rancho, NM

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Rio Rancho, NM?

Rio Rancho offers a diverse array of housing options, with single-family homes being a significant part of the market. The architectural styles vary, with modern, pueblo-style, and ranch homes dotting the landscape. The housing market is dynamic, with new developments complementing established neighborhoods. While the majority of residents own their homes, there is also a substantial rental market to accommodate various preferences.

Is Rio Rancho, NM a good place to live?

Rio Rancho is known for its family-friendly atmosphere and community-oriented lifestyle. The city prides itself on its recreational parks, annual events, and a sense of tranquility that appeals to many of its residents. It's a place where community events and local sports bring residents together, reflecting the area's collective values and neighborly spirit.

Are things conveniently located in Rio Rancho, NM?

The city is served by a robust educational system, including numerous public and private schools that cater to a range of educational needs. Healthcare services are readily available, with local clinics and a regional hospital providing comprehensive care. Rio Rancho also features a selection of retail and dining options that reflect the local Southwestern culture, with city initiatives in place to continually enhance these services.

What does the transportation in Rio Rancho, NM look like?

Transportation in Rio Rancho includes a network of major roads and highways that connect residents to nearby Albuquerque and other parts of New Mexico. Public transit options are available, with routes designed to serve key areas of the city. The community is also making strides in improving walkability in several neighborhoods, and while ride-sharing services are present, the area's layout tends to favor private vehicle use.

Frequently Asked Questions About 1340 Vargas Rd SE

What is the listing price of this property?

The listing price of 1340 Vargas Rd SE property is $105,000.

What type of property is this?

The property 1340 Vargas Rd SE is land located in Rio Rancho, New Mexico, 87124.

Is this property for sale now?

Active Listing: 1340 Vargas Rd SE is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1340 Vargas Rd SE are:
Maggie Cordova Elementary School: GreatSchools Rating 4/10
Lincoln Middle School: GreatSchools Rating 6/10
Rio Rancho High School: GreatSchools Rating 8/10

How much acreage is this property?

The property 1340 Vargas Rd SE is 1.46 acres.
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Rocket HomesNew MexicoSandoval CountyRio Rancho871241340 Vargas Rd SE

This home is located at 1340 Vargas Rd SE in Rio Rancho, NM and zip code 87124. This home sits on a 1.46 acre lot. It has been listed on Rocket Homes since September 09, 2024 and is currently priced at $105,000.

In September 2024, from all listings sold in Rio Rancho, NM there were more than 23 sold above asking price, over 52 sold below and more than 46 were sold right at the asked price. Between August 2024 and September 2024, Rio Rancho, NM real estate market has seen decrease in the number of listings by 8.8%. In September 2024, listings were on the market for 28 days. During the same period, the median list price in this real estate market was $359,849.

From Rocket Homes Real Estate and based on county public records data.

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