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1 Acre of Residential Land for Sale in Rio Rancho, New Mexico
5307-5311 Nambe Rd NE, Rio Rancho, NM 87124
$35,000
1 acre
Active sale
$2.5k drop
Est $246/moMotivated seller offering owner financing on this versatile two-lot opportunity with strong future potential. Manufactured homes are allowed, and electric and natural gas are available at the property line, making development more accessible. Both parcels may be developed using a shared well, creating added flexibility for builders, investors, or those planning a custom setup. A rare chance to secure usable land with favorable terms and multiple possibilities.
Location
- Street address
- 5307-5311 Nambe Rd NE
- County
- Sandoval County
- Community
- Rio Rancho Estates
- Elevation
- 5,577 feet
Directions
From Highway 550 head south on Chayote, right on Kennard and right on Nambe.
Property details
- Acreage
- 1 acre
- Zoning
- R-1
- MLS #
- SWMLS 1086033
- Posted
Property taxes
- Recent
- $117
Parcels
- 1014075436417
Details and features
Listing
- Type
- Land
- Franchise
- Independent
Lot
- Features
- Acreage, Gentle Sloping, Stream Creek, Views
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Apr 26, 2026 | Relisted | $35,000 | — | SWMLS |
| Mar 27, 2026 | Listing removed | $35,000 | — | Listing agent |
| Mar 22, 2026 | Price drop | $35,000 | $2,500 -6.7% | SWMLS |
| Nov 5, 2025 | Price drop | $37,500 | $500 -1.3% | SWMLS |
| June 14, 2025 | New listing | $38,000 | — | SWMLS |
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