Build your dream home or investment property on this spacious lot located in the growing community of Rio Rancho. Situated on 38th St SW, this property offers beautiful New Mexico skies, wide-open views, and plenty of space to create your ideal desert retreat. Enjoy the peaceful surroundings while still being conveniently located near shopping, dining, schools, and everyday amenities. With easy access to major roads and the natural beauty of the Southwest all around, this lot presents a great opportunity for future development or long-term investment. Experience the charm and potential of Rio Rancho living in an area that continues to grow and thrive.
Lot/land
$35,000
1002 38th St SE, Rio Rancho, NM 87124
--beds
--baths
1Acres
Residential Land
Built in ----
1 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Beautiful new mexico skiesPeaceful surroundingsSpacious lotWide-open views
- 46 days |
- 248 |
- 13 |
Zillow last checked:
Listing updated:
Listed by:
Ken R. Martinez 505-670-7622,
Keller Williams Realty 505-375-2062
Source: SFARMLS,MLS#: 202602274
Originating MLS: Albuquerque Board of REALTORS
Originating MLS: Albuquerque Board of REALTORSFacts & features
Interior
Features
- Has basement: No
- Has fireplace: No
Property
Features
- Exterior features: None
Lot
- Size: 1 Acres
Details
- Parcel number: 1005068094346
- Zoning: Other
- Zoning description: other
- Special conditions: Standard
Utilities & green energy
- Sewer: None
- Water: Public
- Utilities for property: Electricity Available, Sewer Not Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Rio Rancho
Financial & listing details
- Date on market: 5/27/2026
- Listing terms: Cash,Conventional,New Loan
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/28/2026 | Listed for sale | $35,000 |
Source:  SFARMLS #202602274 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: Rio Rancho Estates
Nearby schools
GreatSchools rating
- 5/10Rio Rancho Elementary SchoolGrades: K-5Distance: 1.1 mi
- 7/10Rio Rancho Middle SchoolGrades: 6-8Distance: 3 mi
- 7/10Rio Rancho High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Puesta del Sol
- Middle: Eagle Ridge
- High: Rio Rancho High School
Source: SFARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $284,5002 bd1 ba1k sqft1002 38th St SE, Rio Rancho, NM 87124Off Market
- $--3 bd2 ba2.2k sqft1000 38th St SE, Rio Rancho, NM 87124Sold
- $313,6003 bd2 ba1.3k sqft1003 39th St SE, Rio Rancho, NM 87124Off Market
- $584,6005 bd3 ba3k sqft1004 38th St SE, Rio Rancho, NM 87124Off Market
- $--4 bd2 ba1.7k sqft1001 39th St SE, Rio Rancho, NM 87124Sold
- $249,2002 bd1 ba984 sqft1003 38th St SE, Rio Rancho, NM 87124Off Market
- $363,0003 bd2 ba1.6k sqft3805 Ann Cir SE, Rio Rancho, NM 87124Off Market
- $380,1003 bd2 ba2.1k sqft1001 38th St SE, Rio Rancho, NM 87124Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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