Lot/land

$99,000

1104 Vargas Rd SE, Rio Rancho, NM 87124

--beds

--baths

1.43Acres

Unimproved Land

Built in ----

1.43 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

AMAZING LOCATION, OVERSIZED LOT (over 1.6 ACRES), AND POWER/GAS ON STREET. Most lots in the area are only .5 acres. All custom houses in the area. Located off the newly finished Westside Blvd. Prime location being in one of the fastest growing spots in the city. Vargas road is mostly a paved road, for the short stretch that it is not, the city grates it often! Situated near Presbyterian Hospital center, Intel, Movie theater, and the new high end Market street that opened April 2025! This lot also falls in the award winning Rio Rancho school district. Only a few minutes from the new Joe Harries Elementary school. Take a drive and see all the growth happening NOW! Lot will need a well and septic. Mostly flat. Views to the mountain and open land.

53 days

59

5

Facts & features

Property

Features

Has view: Yes

Lot

Size: 1.43 Acres
Features: Cleared, Views, Acreage
Topography: Level

Details

Parcel number: 1010067371475
Zoning description: R-1

Utilities & green energy

Sewer: None
Water: None
Utilities for property: Electricity Available, Natural Gas Available, Sewer Not Available, Water Not Available

Community & HOA

Community

Subdivision: Rio Rancho Estates

Location

Region: Rio Rancho

Financial & listing details

Tax assessed value: $77,500
Annual tax amount: $942
Date on market: 11/21/2025
Listing terms: Cash,Conventional,VA Loan

Estimated market value

Not available

Estimated sales range

Not available

$1,879/mo

Price history

Date	Event	Price
11/21/2025	Listed for sale	$99,000
Source: SWMLS #1094826 Report a problem
10/28/2025	Listing removed	$99,000
Source: SWMLS #1082983 Report a problem
7/14/2025	Price change	$99,000-10%
Source: SWMLS #1082983 Report a problem
4/30/2025	Listed for sale	$110,000+15.8%
Source: SWMLS #1082983 Report a problem
4/15/2023	Listing removed	--
Source: SWMLS #1012979 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$737 +51.5%	$25,833 +93.8%
2024	$487 -12.4%	$13,333
2023	$555 -49.1%	$13,333 -49%

Find assessor info on the county website

BuyAbility℠ payment

Estimated monthly payment

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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