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About This Home
Nestled in Rio Rancho Estates, this 1.96-acre parcel at 705 Mariposa Road SW offers a solid opportunity in one of Rio Rancho's established areas. The lot is staked and marked for easy locating, making it straightforward to envision its potential. Positioned just over a mile from the fast-expanding Los Diamantes subdivision, it sits in a region seeing notable growth.
Rio Rancho's real estate market features a median price of $150,000, providing context for this more affordable land option amid 479 active listings. Ideal for future development or as a long-term investment, the property aligns with the area's trajectory. With no structures, bedrooms, or bathrooms, it presents a blank canvas in a city known for its expanding footprint. Buyers can consider the implications of average days on market at 239, reflecting current conditions in this New Mexico locale.
Excellent opportunity in Rio Rancho Estates! This 1.96-acre parcel is staked and marked for easy locating, positioned just over a mile from the fast-expanding Los Diamantes subdivision. Perfect for future development or long-term investment in one of the area's fastest-growing regions.
Key Features
- 1.96 acre lot
Location
705 Mariposa Road SW
Rio Rancho, NM 87124
Rio Rancho Estates
Questions & Answers
This 0-bedroom, 0-bathroom land at 705 Mariposa Road SW is listed at $38,000. The estimated monthly payment is $165 based on 20% down at 6.5% interest.
Key features include: 1.96 acre lot.
This property is listed by Danielle M. Martinez and can be reached at 5052275593 or danielle.ppre@gmail.com.