.50 Acre in Rio Rancho New Mexico

Lot Description

Attention investors. This is the cheapest half acre for sale in Rio Rancho Estates, less than an hour from Albuquerque. Other listings are 5k - 10k. Embrace the open desert land and enjoy nice get a way or just hold for investment. Rio Rancho is one of the fastest growing towns in New Mexico.

Property can close through title company with title insurance for approx. $800 - $1200. In house closing is available for $299. Buyer is to perform their own due diligence and pay all closing costs and title fees if choosing to close with title company.

Zoning: Cd-Rre (rural residential), which allows for single-family homes, double-wide Modular & Manufactured homes.

Buildable Lot? Yes, however, access to utilities could be challenge. Solar is easiest option.

Legal Rd Access: Yes, Dirt road

Animals Allowed: Limited number only, depending on the size of the lot

Flood Zone Area: No

Impact Fee: None

HOA: None

Utilities: Well and Septic Required