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.
Lot/land
Price cut: $6K (8/27)
$89,000
1104 Vargas Rd SE, Rio Rancho, NM 87124
--beds
--baths
1.62Acres
Unimproved Land
Built in ----
1.62 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 295 days
- 56
- 2
Zillow last checked:
Listing updated:
Listed by:
The Venegas Group 505-591-0717,
Keller Williams Realty 505-271-8200
Source: SWMLS,MLS#: 1094826
Facts & features
Property
Features
- Has view: Yes
Lot
- Size: 1.62 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
- Cumulative days on market: 434 days
- Listing terms: Cash,Conventional,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/27/2026 | Price change | $89,000-6.3% |
Source: | ||
| 8/4/2026 | Listed for sale | $95,000 |
Source: | ||
| 6/24/2026 | Pending sale | $95,000 |
Source: | ||
| 1/19/2026 | Price change | $95,000-4% |
Source: | ||
| 11/21/2025 | Listed for sale | $99,000 |
Source: | ||
| 10/28/2025 | Listing removed | $99,000 |
Source: | ||
| 7/14/2025 | Price change | $99,000-10% |
Source: | ||
| 4/30/2025 | Listed for sale | $110,000+15.8% |
Source: | ||
| 4/15/2023 | Listing removed | -- |
Source: | ||
| 4/21/2022 | Listed for sale | $95,000 |
Source: | ||
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% |
| 2022 | $1,091 +144% | $26,162 +129.1% |
| 2021 | $447 -23.6% | $11,420 -23.6% |
| 2020 | $585 -21% | $14,950 -15.3% |
| 2019 | $741 +5.4% | $17,649 |
| 2018 | $703 +176.4% | $17,649 +57.4% |
| 2017 | $254 | $11,212 +92.8% |
| 2016 | $254 +3.1% | $5,814 |
| 2014 | $247 | $5,814 -78.5% |
| 2013 | $247 | $26,993 |
Find assessor info on the county website



