6626-6702 Franklin Road NE Rio Rancho, NM ^$ 110,000

6626-6702 Franklin Road NE

^$ 110,000

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Recently Listed

6626-6702 Franklin Road NE

Rio Rancho, NM, 87144

^$ 110,000

Studio Baths0.0

Monthly Estimate*

^$ 768

6626-6702 Franklin Road NE, Rio Rancho, NM 87144 - Image 1

6626-6702 Franklin Road NE, Rio Rancho, NM 87144 - Image 2

6626-6702 Franklin Road NE, Rio Rancho, NM 87144 - Image 3

Studio

Lots and Land for sale in Rio Rancho, NM

for $110,000. The lot size is 1.32.

Two residential build lots .66 acre each side by side just across from the proposed Sports Complex. On the north side of Franklin NE across from Sandia Vista Elementary. These lots currently have no utilities other than the water and sewer stubbed at Franklin and Hamilton, but the opportunity is huge once the build out for the sports complex takes place. This is a great investment opportunity for an up and coming part of Rio Rancho. Seller will consider owner financing on these lots for 7.5% interest with 25% down.

Lots and Land Active

Price

^$ 110,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 160

Style

Lot Size

1.32

Town/City

Rio Rancho

County/Region

Sandoval

MLS | Web ID

1062100

Features

General

Sewer None

Utilities None SewerNotAvailable WaterNotAvailable

Possession ClosingFunding

Topography Sloping

Township 13n

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 On Franklin In Rio Rancho Side by side 2 lots .66 each

City Rio Rancho

Disclosures RANM2100Disclosure

View Y/N Y

Senior Community Y/N N

Zoning Description R-1

MLS Area 160 - Rio Rancho North

Lot Size Square Feet 57499.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Franklin

Listing Terms Cash Conventional OwnerMayCarry

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 160.0

Home Warranty Y/N N

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 6

Legal Description Legal: S: 26 T: 13N R: 3E S: 35 T: 13N R: 3E Subd: RIO RANCHO ESTATES Block: 180 Lot: 7 Unit: 20Legal: S: 26 T: 13N R: 3E S: 35 T: 13N R: 3E Subd: RIO RANCHO ESTATES Block: 180 Lot: 6 Unit: 20

Exterior

Lot Features Views Acreage GentleSloping

Water Source None

Spa N

Lot Size Acres 1.32

Lot Size Source PublicRecords

Number of Lots 2

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

Nichole Bronstorp

Listing Agent

Coldwell Banker Legacy

Broker

nikki.coldwellbl@gmail.com

Affordability Calculator

$782

Per Month

Monthly Principal & Interest: $768
Monthly Property Taxes: $13
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% 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 ^$42,818

Percent of Sale Price 61%

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.

537023 Elementary School

537125 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/6/2024	$110,000		Listed Price

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6626-6702 Franklin Road NE, Rio Rancho, NM, 87144 is a Lots and Land for sale at $110,000 with a lot size of 1.32. 6626-6702 Franklin 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 7.49% 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 5/19/2024.

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6626-6702 Franklin Road NE

Lots and Land for sale in Rio Rancho, NM

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