Located within the city limits of Rio Rancho, this 1/2-acre parcel offers an ideal setting for your future home. Situated on a paved road for easy access, the property features an east-facing backyard with breathtaking views of the Sandia Mountains--perfect for enjoying colorful New Mexico sunrises. While electricity is available, water is just two lots away, making this a promising site for development. Whether you're looking to build now or invest for the future, this lot combines convenience, beauty, and potential.
Pending
$65,000
724 Rainbow Blvd NE, Rio Rancho, NM 87124
--beds
--baths
0.5Acres
Est.:
Unimproved Land
Built in ----
0.5 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 239 days |
- 10 |
- 0 |
Zillow last checked: 8 hours ago
Listing updated: January 10, 2026 at 08:36am
Listed by:
Stephen C Herkenhoff 505-263-4566,
Coldwell Banker Legacy 505-892-1000
Source: SWMLS,MLS#: 1085915
Facts & features
Property
Features
- Has view: Yes
Lot
- Size: 0.5 Acres
- Features: Cleared, Views
- Topography: Level
Details
- Parcel number: 1009070240376
- Zoning description: R-1
Utilities & green energy
- Sewer: None
- Water: Public
- Utilities for property: Electricity Available, Water Available, Sewer Not Available
Community & HOA
Community
- Subdivision: RIo Rancho Estates
Location
- Region: Rio Rancho
Financial & listing details
- Annual tax amount: $260
- Date on market: 6/13/2025
- Cumulative days on market: 236 days
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/10/2026 | Pending sale | $65,000 |
Source:  SWMLS #1085915 Report a problem | ||
| 6/13/2025 | Listed for sale | $65,000 |
Source: SWMLS #1085915 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$316/mo
Principal & interest
$252
Property taxes
$41
Home insurance
$23
Climate risks
Neighborhood: 87124
Nearby schools
GreatSchools rating
- 5/10Puesta Del Sol Elementary SchoolGrades: K-5Distance: 2.3 mi
- 7/10Eagle Ridge Middle SchoolGrades: 6-8Distance: 3.1 mi
- 7/10Rio Rancho High SchoolGrades: 9-12Distance: 3.9 mi
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