
Mixed-Use Land for Sale in Rio Rancho, New Mexico
624 Villa Rd SE, Rio Rancho, NM 87124
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
- County
- Sandoval County
- Zip code
- 87124
- Community
- Rio Rancho Estates
- Elevation
- 5,503 feet
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
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Aug 27, 2026 | Price drop | $47,000 | $3,000 -6% | SWMLS |
| June 19, 2026 | New listing | $50,000 | — | SWMLS |















