Come take a look at this great opportunity in Algodones! The home needs work but great location and potential! The home features spacious rooms, large kitchen with eat in area, carport on side and detached buildings for all of your hobbies! Come take a look it is worth the drive! Property is being sold as is. Home has signs of water leaks there is some discoloration on ceiling and walls. Unknown if leaks are still active. Zoning to be verified by buyer if of importance.
Discover a prime opportunity in the desirable location of Algodones! This property features a house that, while in need of substantial repairs, offers immense potential for those looking to create their dream home. Spanning 2.2 acres, this expansive lot provides plenty of space for outdoor activities and future development. Don't miss your chance to transform this property into something truly special! Lots are subdivided so there is an opportunity to build another home. Available for 203k/Renovation loan.
The median home value in Algodones, NM is $302,200. This is lower than the county median home value of $303,100. The national median home value is $338,100. The average price of homes sold in Algodones, NM is $302,200. Approximately 68.53% of Algodones homes are owned, compared to 25.3% rented, while 6.18% are vacant. Algodones real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Algodones real estate agent to arrange a tour today!
Algodones, New Mexico has a population of 993. Algodones is less family-centric than the surrounding county with 20.53% of the households containing married families with children. The county average for households married with children is 27.84%.
The median household income in Algodones, New Mexico is $40,694. The median household income for the surrounding county is $68,947 compared to the national median of $69,021. The median age of people living in Algodones is 54.4 years.
The average high temperature in July is 93.5 degrees, with an average low temperature in January of 21.4 degrees. The average rainfall is approximately 12.1 inches per year, with 10.6 inches of snow per year.