$47,500 - Ready for Your Dream Home121 Northern Blvd NE, Rio Rancho, NM 87124 - Unit 12 Block B Lot 97 - .34 Acre . Paved Road. City Water at Line. City of Rio Rancho states electric, phone & cable available at line. Cash Only No Payments. Need Septic and Propane. Buyer's responsibility to investigate access to any utilities Buyer needs to achieve their goals. Seller has no information on access to water, sewer of utilities. Close January 2027. New Mexico Residents Only
Lot/land
$47,500
121 Northern Blvd NE, Rio Rancho, NM 87124
--beds
--baths
0.34Acres
Unimproved Land
Built in ----
0.34 Acres Lot
$230,200 Zestimate®
$--/sqft
$-- HOA
What's special
Paved roadCity water at line
- 22 days
- 37
- 5
Zillow last checked:
Listing updated:
Listed by:
Barton Lee Murphy 505-363-2757,
Commercial First Realty 505-363-2757
Source: SWMLS,MLS#: 1111537
Facts & features
Property
Features
- Has view: Yes
Lot
- Size: 0.34 Acres
- Features: Views
- Topography: Level
Details
- Parcel number: 1009071315515
- Zoning description: R-1
Utilities & green energy
- Sewer: None
- Water: Public
- Utilities for property: Water Available, Sewer Not Available
Community & HOA
Community
- Subdivision: Rio Rancho Estates
Location
- Region: Rio Rancho
Financial & listing details
- Tax assessed value: $83,558
- Annual tax amount: $221
- Date on market: 9/25/2026
- Cumulative days on market: 23 days
- Listing terms: Cash
Estimated market value
$230,200
$198,000 - $260,000
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/25/2026 | Listed for sale | $47,500-64.8% |
Source: | ||
| 8/9/2019 | Sold | -- |
Source: | ||
| 6/14/2019 | Pending sale | $135,000 |
Source: Realty One of New Mexico #940518 Report a problem | ||
| 5/15/2019 | Price change | $135,000-3.6% |
Source: Realty One of New Mexico #940518 Report a problem | ||
| 4/20/2019 | Listed for sale | $140,000 |
Source: Realty One of New Mexico #940518 Report a problem | ||
| 4/8/2019 | Pending sale | $140,000 |
Source: Realty One of New Mexico #940518 Report a problem | ||
| 3/28/2019 | Listed for sale | $140,000 |
Source: Realty One of New Mexico #940518 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $972 -0.3% | $27,852 +3% |
| 2024 | $975 +2.6% | $27,041 +3% |
| 2023 | $950 +1.9% | $26,254 +3% |
| 2022 | $932 +0.8% | $25,490 +3% |
| 2021 | $925 -20.1% | $24,747 -20.1% |
| 2020 | $1,157 +41.2% | $30,975 +42.1% |
| 2019 | $820 +2.9% | $21,795 -23.6% |
| 2018 | $797 -9.6% | $28,522 |
| 2017 | $881 | $28,522 |
| 2016 | $881 +2.1% | $28,522 |
| 2014 | $863 | $28,522 +26.6% |
| 2013 | $863 | $22,522 -73.7% |
| 2011 | -- | $85,567 |
Find assessor info on the county website





