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$150,000   Price Analysis
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407 Montezuma St
Las Vegas, NM 87701
Unknown bed 0 bath unknown SqFt ($0/SqFt)
8,146SqFt lot.
Listed 2024-02-04, Taxes $273
Ⓧ USDA Ineligible
due to property

near Las Vegas

4.45% to 7.43% Cap Rate potential!

Come see this property with space to create your own oasis within the city limits. Enjoy easy access to nearby amenities such as restaurants, parks, schools and shopping. This lot of nearly a quarter of an acre, offers a trailer at no additional value, that can be sold separately, moved off the lot or fixed up to be used as a primary residence, leased and or both.

Save on thousands of dollars with all utility hookups already in place (city water, public sewer, propane and public electric). This lot is ready for your customization, ideal for those seeking flexibility and convenience. Schedule a viewing today and envision the possibilities that await!


Presented by Hayley A McInnes at
Realty One of New Mexico.
Listing Agent Photo

Property MLS #1056595 from SouthwestMLS

PropaneTankLeased
Fencing: Gate, Partial, Wood

Lot Dimensions Source: PublicRecords
Lot Size Acres: 0.1870064
Lot Size Dimensions: Apx Lot Dim Side 165.1' , Apx Lot Dim Back 48.6'
Lot Size Source: PublicRecords
Number of Lots: 1
Topography: Level
Lot Size Square Feet: 8146

Association: No
Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 296.12
Tax Block: 49
Source Listing Status: Active
County: San Miguel
Current Use: MobileHome, Residential, Unimproved
Directions: Head southwest on National Ave toward Cinder Rd River Walk. Turn right onto Valencia St. Turn left onto New Mexico Ave. Turn right onto Pinon St. Turn right at the 2nd cross street onto Montezuma St. Destination will be on the left.
Distance To Electric Comments: On Property
Distance To Gas Comments: On Property
Distance To Phone Service Comments: On Property
Distance To Sewer Comments: On Property
Source Property Type: Land
Distance To Water Comments: On Property
Possible Use: MobileHome, Residential, Unimproved
Source Neighborhood: TOWN OF LAS VEGAS
Parcel Number: R0030421
Postal City: Las Vegas
Postal Code Plus 4: 6410
Public Survey Township: 16
Subdivision: TOWN OF LAS VEGAS
Township: 16
Zoning Description: R-1
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$492 + $8,694
$9,186
$273
2020$492 + $8,694
$9,186
$271
2019$478 + $8,441
$8,919
$262
2018$464 + $8,195
$8,659
$254
2016$464 + $7,725
$8,189
$240
2015$464 + $7,725
$8,189
$239
2014$437 + $7,281
$7,718
$230
2012$412 + $6,862
$7,274
$212
2011$412 + $6,862
$7,274
$207
2009$389 + $6,468
$6,857
$207

Price Changed 2024-05-03
$150,000
SouthwestMLS
Price Changed 2024-05-03
$150,000
SantaFe
Listed 2024-02-04
$160,000
SouthwestMLS
Listed 2024-02-04
$160,000
SantaFe

Sewer: PublicSewer
ElectricityConnected
Propane
SewerConnected
WaterConnected
Water Source: Public

W Las Vegas High School is a public high school located approximately 0.7 miles away.
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Union Elementary School is a public elementary school located approximately 0.1 miles away.
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Rio Gallinas School is a public elementary and middle school located approximately 0.6 miles away.
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Native American Prep School is a private high school located approximately 0.8 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.