Wallace Lane

Corrales | New Mexico

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0 Wallace Lane, Corrales, NM 87048, Corrales, New Mexico, United States. - Photo 1

0 Wallace Lane, Corrales, NM 87048, Corrales, New Mexico, United States. - Photo 2

0 Wallace Lane, Corrales, NM 87048, Corrales, New Mexico, United States. - Photo 3

0 Wallace Lane, Corrales, NM 87048, Corrales, New Mexico, United States. - Photo 4

0 Wallace Lane, Corrales, NM 87048, Corrales, New Mexico, United States. - Photo 5

0 Wallace Lane, Corrales, NM 87048, Corrales, New Mexico, United States. - Photo 6

0 Wallace Lane, Corrales, NM 87048, Corrales, New Mexico, United States. - Photo 7

0 Wallace Lane, Corrales, NM 87048, Corrales, New Mexico, United States. - Photo 8

0 Wallace Lane, Corrales, NM 87048, Corrales, New Mexico, United States. - Photo 9

0 Wallace Lane, Corrales, NM 87048, Corrales, New Mexico, United States. - Photo 10

0 Wallace Lane, Corrales, NM 87048, Corrales, New Mexico, United States. - Photo 11

0 Wallace Lane, Corrales, NM 87048, Corrales, New Mexico, United States. - Photo 12

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0 Wallace Lane, Corrales, NM 87048, Corrales, New Mexico, United States. - Photo 18

Wallace Lane

Corrales | New Mexico

0 Wallace Lane, Corrales, NM 87048, Corrales, New Mexico, United States. , Corrales , New Mexico

0 Wallace Lane

Ventana Grande Subdivision presents a rare development opportunity to create a quality community lifestyle in the Village of Corrales. This 19 acre subdivision includes a New Mexico Land Conservancy Easement that is presently being farmed and is leased, as well as an Equestrian Easement. First time being offered for sale since 1952, this prime acreage is in a superb location. Currently being used for farming. Call for more information in regards to acreage, existing farmland preservation, water and conservancy.

Gallery

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Property Location

0 Wallace Lane, Corrales, NM 87048, Corrales, New Mexico, United States., Corrales New Mexico

Local Weather & Climate

Corrales, New Mexico

Current Conditions Updated recently

35 °F

Overcast clouds

Feels Like 29°F

Humidity 37%

Wind 7 mph

Visibility 6.2 mi

Sunrise 2:07 PM

Sunset 12:31 AM

5-Day Forecast

Thu 29 Jan

Clouds

High 53°

Low 33°

Fri 30 Jan

Clear

High 49°

Low 35°

Sat 31 Jan

Clear

High 50°

Low 37°

Sun 1 Feb

Clear

High 53°

Low 39°

Mon 2 Feb

Clear

High 58°

Low 41°

Annual Climate Based on last 12 months

49° Avg Low

Jan

74° Avg High

Jul

90 Rainy Days

per year

Arid

Semi-Arid

Moderate

Wet

14.6" Annual Rainfall

Arid climate

❄

7 Snow Days

per year

Monthly Temperatures

Jan

49°

29°

Feb

60°

35°

Mar

74°

45°

Apr

73°

47°

May

80°

53°

Jun

93°

64°

Jul

95°

67°

Aug

95°

68°

Sep

81°

61°

Oct

71°

48°

Nov

62°

38°

Dec

55°

33°

Data from OpenWeatherMap & Open-Meteo

Walkability & Transit Scores

How easy is it to get around Corrales?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

Down Payment

$100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

Potential Tax Benefits (United States)

$0 Est. First Year Interest Deduction

$0 Est. Annual Tax Savings

*Based on post-2017 tax law. Actual deductions depend on filing status, itemization, and current tax laws.

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for United States. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on United States tax year 2025 (fiscal year: January-December), rules effective from 2018 through 2025. Tax laws change frequently and may have been amended since this data was compiled.

Tax Information Disclaimer

The tax benefit information displayed on this page is provided for general informational and educational purposes only. This information:

Does not constitute tax advice and should not be relied upon as such. Tax laws are complex and vary by jurisdiction, individual circumstances, and are subject to change without notice.
May not be current or accurate for your specific situation. Tax rules are updated frequently by governments, and the information shown may not reflect the most recent changes.
Uses simplified assumptions that may not apply to your circumstances, including filing status, total income, other deductions, alternative minimum tax considerations, and local tax variations.
Should not be used as the basis for any tax planning decisions or financial strategies without consulting a qualified tax professional licensed in your jurisdiction.

Before making any decisions based on potential tax benefits, you should consult with a qualified tax advisor, certified public accountant (CPA), or licensed tax professional who can evaluate your specific circumstances and provide advice tailored to your situation.

Limitation of Liability: By using this calculator, you acknowledge that all results are approximations and should not be relied upon for financial, legal, or tax decisions. openluxe, its affiliates, officers, directors, employees, and agents expressly disclaim all liability for any damages, losses, or consequences arising from the use of or reliance on this calculator or the information provided herein. openluxe is not a lender, financial advisor, or tax professional and does not provide mortgage loans, financial advice, or tax advice. Use of this calculator does not create any professional relationship.

Frequently Asked Questions

Common questions about this property

What is the listing price for 0 Wallace Lane, Corrales, NM 87048, Corrales, New Mexico, United States?

This property is listed at $425,000,000.

What is the climate like in Corrales?

Corrales features a pleasant climate. Average temperatures range from 49°F in winter to 74°F in summer. The area receives approximately 14.6 inches of precipitation annually. There are about 90 days with rain throughout the year. Expect around 7 days with snow. This climate information can help you plan for seasonal activities and energy costs.

What are the best months to visit or move to Corrales?

Corrales tends to be warmest in Jul and coldest in Jan. The shoulder seasons of spring and fall often offer the most comfortable weather for moving and outdoor activities.

What type of property is 0 Wallace Lane, Corrales, NM 87048, Corrales, New Mexico, United States?

This is a other located in Corrales, New Mexico. The property is situated in an established neighborhood with convenient access to local amenities and services.

Brokerage: