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Residential Land for Sale in Rio Rancho, New Mexico
305 1st U8 B68 L51 Ave SW, Rio Rancho, NM 87124
$12,500
0.5 acres
pending
Under contract
Excellent portfolio addition! Just a few blocks away from new development! This area is attracting lots of attention. Rainbow Blvd just enjoyed a rebuild, Rainbow Canyon homes under construction. Invest in the growth path! Motivated Seller, make your offer now.
Location
- Street address
- 305 1st U8 B68 L51 Ave SW
- County
- Sandoval County
- Community
- Rio Rancho Estates
- Elevation
- 5,699 feet
Directions
From Rainbow and Southern, take Rainbow north about 1.4 miles, to 1st Ave SW, then west to lot, about 4/10th of a mile, on the right. Use Lat/Long: 35.256779, -106.743229
Property details
- Lot size
- 0.5 acres21,780 sq ft
- Zoning
- R-1
- MLS #
- SWMLS 1066466
- Posted
Property taxes
- Recent
- $85
Parcels
- 1009069028372
Legal description
Unit 8 Block 68 Lot 51 Rio Rancho Estates
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Puesta del Sol | Elementary | — | — |
| Eagle Ridge | Middle | — | — |
| Rio Rancho | High | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| May 1, 2025 | Under contract | $12,500 | — | SWMLS |
| Jan 9, 2025 | Price drop | $12,500 | $2,500 -16.7% | SWMLS |
| July 9, 2024 | New listing | $15,000 | — | SWMLS |
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