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Residential Land for Sale in Rio Rancho, New Mexico

408 Rainbow Blvd SE, Rio Rancho, NM 87124

$70,000
0.5 acres
Active sale
ago
Est $493/mo

Beautiful Half-Acre Opportunity in a Growing Area. Adjacent Lot Also AvailableThis .5-acre lot offers the perfect blend of space, convenience, and future potential. Located right next to Lot 2--which is also available this property gives buyers the rare chance to secure side-by-side parcels in a rapidly developing area.Custom homes are already rising nearby, adding value and showcasing the quality of the neighborhood. A paved road runs directly in front of the property, providing easy access, and utilities are close, making future development far more convenient for your buyers.Whether someone is looking to build now or invest for the future, this lot delivers location, flexibility, and long-term upside.

Location

Street address
408 Rainbow Blvd SE
Community
Rio Rancho Estates
Elevation
5,674 feet
Coordinates
35.2508, -106.7362

Directions

From Southern and Unser go West on Southern to Rainbow turn Right towards Inca and Rainbow. Lots on the right of Rainbow

Property details

Lot size
0.5 acres21,780 sq ft
Zoning
R-1
MLS #
SWMLS 1103863
Posted

Property taxes

Recent
$258

Parcels

  • 1009069240151

Nearby schools

NameType
Rio RanchoElementary
Rio Rancho Mid HighMiddle
Rio RanchoHigh

Listing history

DateEventPriceChangeSource
May 19, 2026New listing$70,000SWMLS
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This 0.5-acre property is located at 408 Rainbow Blvd SE in Rio Rancho, NM 87124. The property is available for sale for $70,000.

Listed by Realty ONE of New Mexico, (505) 883-9400

Checked 2 hours agoUpdated Source

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