5023 Magenta Road NE Rio Rancho, NM ^$ 19,900

5023 Magenta Road NE

^$ 19,900

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5023 Magenta Road NE

Rio Rancho, NM, 87144

^$ 19,900

Studio Baths0.0

Monthly Estimate*

^$ 132

5023 Magenta Road NE, Rio Rancho, NM 87144 - Image 1

5023 Magenta Road NE, Rio Rancho, NM 87144 - Image 2

5023 Magenta Road NE, Rio Rancho, NM 87144 - Image 3

5023 Magenta Road NE, Rio Rancho, NM 87144 - Image 4

5023 Magenta Road NE, Rio Rancho, NM 87144 - Image 5

5023 Magenta Road NE, Rio Rancho, NM 87144 - Image 6

5023 Magenta Road NE, Rio Rancho, NM 87144 - Image 7

5023 Magenta Road NE, Rio Rancho, NM 87144 - Image 8

5023 Magenta Road NE, Rio Rancho, NM 87144 - Image 9

5023 Magenta Road NE, Rio Rancho, NM 87144 - Image 10

Studio

Lots and Land for sale in Rio Rancho, NM

for $19,900. The lot size is 0.98.

Large lot with gas and electric nearby, ready to build. This oversized lot has two very high end custom homes already built nearby. Owner financing available with low down! Will consider an REC with 10% down remaining balance $17,910 financed at 6% over 15 years ($151 princ./int. per month). Easy to buy!

Lots and Land Active

Price

^$ 19,900

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 35

Style

Lot Size

0.98

Town/City

Rio Rancho

County/Region

Sandoval

MLS | Web ID

1054279

Features

General

Sewer SepticTank

Utilities ElectricityAvailable NaturalGasAvailable UndergroundUtilities WaterAvailable

Possession ClosingFunding

Topography Level

Township T13N

Current Use Residential Unimproved

County Sandoval

New Construction N

Property Type Land

HOA / Comm Assn N

Attached Garage N

Subdivision Name Rio Rancho Estates

Possible Use Residential Unimproved

Garage Y/N N

Status Active

Directions From Hwy 550 and Chayote go south on Chayote to Kennard Rd. turn right (west) to Hummell Rd. then right (north) to Magenta Rd. turn right to the lot on the right.

High School V. Sue Cleveland

City Rio Rancho

Disclosures PrincipalisRealEstateLicensed RANM2100Disclosure

View Y/N N

Senior Community Y/N N

Zoning Description R-1

MLS Area 160 - Rio Rancho North

Lot Size Square Feet 42688.8

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Magenta

Listing Terms Cash OwnerMayCarry

Elementary School Vista Grande

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 35.24

Home Warranty Y/N N

Middle/Junior High School Mountain View

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 0

Standard Status Active

Tax Lot 2

Legal Description LEGAL: SUBD: RIO RANCHO ESTATES BLOCK: 67 LOT: 2 UNIT: 20

Exterior

Lot Features Other SeeRemarks StreamCreek

Water Source Well

Spa N

Lot Size Acres 0.98

Lot Size Source PublicRecords

Number of Lots 1

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Road

Electric On Property Y/N N

* Excluded Features

List By

Michael Schlichte

Listing Agent

Absolute Real Estate

Broker

Mike@My505Home.com

Affordability Calculator

$135

Per Month

Monthly Principal & Interest: $132
Monthly Property Taxes: $3
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Rio Rancho, NM

Average List Price ^$43,762

Percent of Sale Price 120%

About Rio Rancho, NM

97,693 Population

88% Since 2002

^$61,991 Median Income

37.48 Median Age

34% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1197790 Elementary School

1197791 Middle School

V. Sue Cleveland High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/13/2023	$19,900		Listed Price

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5023 Magenta Road NE, Rio Rancho, NM, 87144 is a Lots and Land for sale at $19,900 with a lot size of 0.98. 5023 Magenta Road NE is a studio with 0.0 baths. The property's zip code is 87144 which is in Rio Rancho, NM

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Southwest Multiple Listing Service, Inc.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Southwest Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/11/2024.

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5023 Magenta Road NE

Lots and Land for sale in Rio Rancho, NM

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