.40 Acre Lot in Rio Rancho, NM

Land Description

Attention investors. This is the cheapest half acre for sale in Rio Rancho Estates. Other listings are 5k - 10k. Located in an area surrounded by development and accessible to Unser Blvd, let this lot help create your future. 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