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Mixed-Use Land for Sale in Rio Rancho, New Mexico

624 Villa Rd SE, Rio Rancho, NM 87124

$47,000
0.5 acres
Active sale
$3k drop
Est $376/mo

OWNER FINANCING AVAILABLE WITH A REAL ESTATE CONTRACT! Take advantage of an opportunity to own a half-acre lot positioned along the edge of the rapidly expanding Los Diamantes development in Rio Rancho. With residential and commercial growth continuing throughout this area, this property offers excellent potential for long-term investment, future development, or land banking.Located in one of Rio Rancho's active growth corridors, the lot provides convenient access to nearby shopping, medical facilities, schools, and major roadways. Its proximity to the Los Diamantes master-planned community adds to its long-term appeal as development continues to expand westward.Whether you're looking for land to hold for the future, considering a future building site, or simply want to invest in Rio Rancho's continued growth, this half-acre property offers an affordable opportunity--with owner financing available through a Real Estate Contract.

Location

Street address
624 Villa Rd SE
Zip code
87124
Community
Rio Rancho Estates
Elevation
5,503 feet
Coordinates
35.2286, -106.7235

Directions

From Unser, head west on Westside Blvd. Then, turn right on Los Diamantes Dr. and left on Villa.

Property details

Lot size
0.5 acres21,780 sq ft
Zoning
R-1
MLS #
SWMLS 1105816
Posted

Property taxes

Recent
$548

Parcels

  • 1010067071389

Details and features

Listing

Type
Land

Lot

Features
Acreage, Views

Listing history

DateEventPriceChangeSource
Aug 27, 2026Price drop$47,000$3,000 -6%SWMLS
June 19, 2026New listing$50,000—SWMLS
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This 0.5-acre property is located at 624 Villa Rd SE in Rio Rancho, NM 87124. The land is available for sale, priced at $47,000.

Listed by Double Eagle Real Estate, (505) 883-1414

Checked 1 hour agoUpdated Source

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