Madrid NM Land for Sale

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Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
1.47 Acres
Baths:
MLS#:
202403717

ADDITIONAL INFORMATION

Imagine owning a piece of history in the charming town of Madrid, New Mexico. This 1.468-acre commercial/residential lot offers a rare chance to create your own oasis amidst the town's rich mining heritage. Nestled at the top of the ridge, you'll find secluded and breathtaking views of the Ortiz Mountains. Enjoy historic Madrid while remaining conveniently close to local shops, galleries, and the town's bustling main drag

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.52 Acres
Baths:
MLS#:
202402877

ADDITIONAL INFORMATION

One of the last vacant commercial/residential lots in Madrid.

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
9.97 Acres
Baths:
MLS#:
202402746

ADDITIONAL INFORMATION

Lovely views of the Ortiz and Sandia mountain ranges surround this ten acre parcel with several flat building sites and a private well head. Enjoy the tranquility of off-grid living on land dappled with pinyon and juniper, yet close to the artists and crafts makers of the village of Madrid and the justly popular Mine Shaft Tavern. Albuquerque and Santa Fe are each about 30 minutes away.

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.19 Acres
Baths:
MLS#:
202234536

ADDITIONAL INFORMATION

Building lot in Madrid, almost immediately off the pavement of Highway 14, in the heart of town. Easy-to-access rectangular lot with gentle slope, with mountain/townsite views from the top of the lot. Excellent home business location/residential use. Nice place to live or live/work in this thriving, historic old mining village, now replete with galleries, restaurants, shops, its own radio station, the landmark Mineshaft Tavern, music events, ballpark, hiking trails, and more, all in walking distance. It's situated just outside the Madrid Historical Overlay which gives more leeway in building styles. Not far (30 minutes) to Southside of Santa Fe, under an hour to Albuquerque/airport. Electric in road.

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Andrea Conner License # 20396 Xome Inc. License # 09022, [email protected] 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Santa Fe Association of Realtors® MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The properties displayed may not be all of the properties available through the IDX Program. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing or leasing. © 2024 Santa Fe Association of Realtors® MLS. All rights reserved.



Madrid Real Estate

The median home value in Madrid, NM is $511,000. This is higher than the county median home value of $490,000. The national median home value is $338,100. The average price of homes sold in Madrid, NM is $511,000. Approximately 24.81% of Madrid homes are owned, compared to 53.38% rented, while 21.81% are vacant. Madrid 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 Madrid real estate agent to arrange a tour today!

Madrid, New Mexico has a population of 276. Madrid is less family-centric than the surrounding county with 18.61% of the households containing married families with children. The county average for households married with children is 23.22%.

The median household income for the surrounding county is $64,423 compared to the national median of $69,021. The median age of people living in Madrid is 59.6 years.

Madrid Weather

The average high temperature in July is 88 degrees, with an average low temperature in January of 20.8 degrees. The average rainfall is approximately 15 inches per year, with 31.1 inches of snow per year.

Madrid Real Estate Market Conditions

  • Median sales price

    $511,000
    16.7% change since last quarter
  • # Active listings

    10
    30-day change

Madrid Schools and Demographics

Education near Madrid, NM

Metric City County
High School Graduates 100 90.09
College Degree - 2 year 0 7.62
College Degree - 4 year 66.02 41.13
Graduate Degree 9.65 13.09
Expenditures per Student 15,138 15,138
Students per Teacher 15.3 15.3

Elementary Schools near Madrid, NM

School Grades Students P/T Ratio ZIP
Cesar Chavez Elementary School PK - 05 459 12.9 87505
Chaparral Elementary School KG - 06 412 15.8 87505
Cochiti Elementary School PK - 05 174 13 87041
E.J. Martinez Elementary KG - 06 306 15.5 87505
El Dorado Community School KG - 08 572 14.2 87505
Francis X. NAVA Elementary KG - 06 236 11.6 87505
Pinon Elementary School KG - 06 499 14.8 87505
R.M. Sweeney Elementary KG - 05 490 13.6 87505
Ramirez Thomas Elementary School KG - 05 487 14.7 87505

Middle Schools near Madrid, NM

School Grades Students P/T Ratio ZIP
Cochiti Middle School 06 - 08 79 10.2 87041
De Vargas Middle School 07 - 08 325 13.3 87505
Edward Ortiz Middle School 06 - 08 614 13.3 87505
Mandela International Magnet (Mims) 07 - 08 100 17 87505

High Schools near Madrid, NM

School Grades Students P/T Ratio ZIP
Capital High School 09 - 12 1,391 15.5 87505
Santa Fe Engage 09 - 12 83 20.8 87505
Santa Fe High School 09 - 12 1,722 17.6 87505

Ungraded Schools near Madrid, NM

School Grades Students P/T Ratio ZIP
* Academy At Larragoite 07 - 12 146 18.7 87505
NM School for the Deaf KG - 12 110 2.4 87505

Demographics near Madrid, NM

Metric City County
Neighborhood Type
Population 276 153,632
Population Density 199 80
Median Age 59.6 47.1
People per Household 1.3 2.3
Median Household Income N/A 64,423
Average Income per Capita 19,039 40,952