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About This Home
This 0.50 acre parcel is located on Hummell Road NE in the Niklas Ridge area of Rio Rancho, New Mexico. The land is positioned close to underground gas and electric lines, which may reduce extension costs for future development. Seller financing is available with a $2,500 down payment and the remaining balance financed at 6% interest over ten years; interested buyers should contact the listing broker for complete terms.
All utility costs and exact locations must be verified by the purchaser prior to closing. The lot sits among other residential parcels in Rio Rancho, where the current market shows 591 active listings with a median price of $300,000. This parcel offers a straightforward opportunity to secure land for a future home or investment within the local area.
Great investment lot close to underground gas and electric. Seller will consider owner financing with $2500 down and the remaining balance at 6% interest over 10 years. Contact broker for details. Buyer to verify cost and location of all utilities prior to closing.
Key Features
- 0.50 acre lot
Location
5029 Hummell Road NE
Rio Rancho, NM 87144
Niklas Ridge
Questions & Answers
This 0-bedroom, 0-bathroom land at 5029 Hummell Road NE is listed at $19,900. The estimated monthly payment is $86 based on 20% down at 6.5% interest.
Key features include: 0.50 acre lot.
This property is listed by Michael Schlichte and can be reached at 5053186264 or Mike@My505Home.com.
