This Central New Mexico 160 acre-farm/grassland is located in the heart of New Mexico's farm and ranch country. The property just south of Estancia, NM, has 99.55 acre feet of licensed water rights on 39.82 acres and 120.18 acres of grassland. The property is fully fenced, access is via easement and there is an old natural gas powered irrigation well that may not have viable water. Seller makes no guarantee or warranty for condition of the irrigation well. This is a good property for an agribusiness or a hemp/cannabis grow. Platted survey has just been completed, see the DOCUMENTS tab for recorded plat. 60 minutes to Albuquerque and 90 minutes to Santa Fe.
Property Details
Property Features
Listing Office:
Office Name: United Country Farm & Home
Office Phone: (505) 832-7008
Listing Agent: Myra Oden
Lot Features
Lot Information:
Lot: Meadow, Split Possible, Views
Lot Size: 160.32 Acres
School Info
Assigned Schools Information:
Estancia High School, Public District Grades 9-12
Estancia Middle School, Public District Grades 7-8
Upper Elementary School, Public District Grades 3-6
Other
Directions Information:
Directions: In Estancia proceed to Highway 55 travel west approximately 2 miles to Metzger Rd turn left (south) proceed 2 miles to a farm gate on the left (east), see my directional sign. The gate is not locked and is easement access, close the gate behind you as cattle may be grazing. Proceed .2 mile to a second farm gate, also not locked, close the gate behind you. This is the subject property, see my sign near the gate.
Price Information
Listing Price Info
Price Summary:
List Price: $200,000
What can I afford?
Understand what home price range makes sense for your budget.
MLS Details
MLS Information:
MLS Name: SWMLS
MLS Number: #1043143
Listing Office:
Office Name: United Country Farm & Home
Office Phone: (505) 832-7008
Listing Agent: Myra Oden
The 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.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,066
Per Month
Principal & Interest
$999
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$666
Powered By
Advertisement
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
5
/10
Upper Elementary School
624 8th St
Distance between this listing and this school3.70 miles
Public District Grades 3-6
Middle School
3
/10
Estancia Middle School
Joseph Ave And 9th St
Distance between this listing and this school4.09 miles
Public District Grades 7-8
High School
7
/10
Estancia High School
9th And Joseph Ave
Distance between this listing and this school4.18 miles
Public District Grades 9-12
Assigned Schools
5
/10
Upper Elementary School
624 8th St
Distance between this listing and this school3.70 miles
Public District Grades 3-6
Nearby Schools
5
/10
Lower Elementary School
624 8th St
Distance between this listing and this school3.70 miles
Public District Grades PK-1
5
/10
Mountainair Elementary School
405 Broadway
Distance between this listing and this school15.68 miles
Public District Grades PK-5
Assigned Schools
3
/10
Estancia Middle School
Joseph Ave And 9th St
Distance between this listing and this school4.09 miles
Public District Grades 7-8
Nearby Schools
3
/10
Moriarty Middle School
200 Center St
Distance between this listing and this school19.39 miles
Public District Grades 7-8
7
/10
Edgewood Middle School
17 Venus Rd West
Distance between this listing and this school27.14 miles
Public District Grades 7-8
Assigned Schools
7
/10
Estancia High School
9th And Joseph Ave
Distance between this listing and this school4.18 miles
Public District Grades 9-12
Nearby Schools
7
/10
Mountainair High School
901 West 3rd St
Distance between this listing and this school15.98 miles
Public District Grades 9-12
5
/10
Moriarty High School
200 Center St
Distance between this listing and this school19.39 miles
The neighbors living near this home have an average income of $48,004. The most common annual income of people living in Torrance County, NM is between $35k-100k. Residents typically live in married, no kids family. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About Metzger Rd
What is the listing price of this property?
The listing price of Metzger Rd property is $200,000.
What type of property is this?
The property Metzger Rd is land located in Estancia, New Mexico, 87016.
Is this property for sale now?
Active Listing: Metzger Rd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for Metzger Rd are: Upper Elementary School: GreatSchools Rating 5/10Estancia Middle School: GreatSchools Rating 3/10Estancia High School: GreatSchools Rating 7/10
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at Metzger Rd in Estancia, NM and zip code 87016. This home sits on a 160.32 acre lot. It has been listed on Rocket Homes since November 06, 2023 and is currently priced at $200,000.
In March 2024 more than 3 listings in Torrance County, NM were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 0 were sold below. The number of homes for sale in Torrance County, NM increased by 14.8% between February 2024 and March 2024. In March 2024, listings were on the market for 134 days. During the same period, the median list price in this real estate market was $233,000.
From Rocket Homes Real Estate and based on county public records data.