Prime 1/2-Acre Lot in a Desirable Neighborhood – Ready to Build!
Rare opportunity! This fabulous ½-acre lot is ready for your dream home and offers significant savings right from the start. With a block wall already built on three sides, you'll save thousands on construction costs and enjoy instant privacy and security.
Located in a highly sought-after school district, this level lot is just minutes from Rust Medical Center, with a brand-new shopping center on the way, and surrounded by beautiful custom homes and friendly neighbors—a perfect place to build and live.
Other highlights include:
City water and city sewer already available – no need for a septic system
Curb already cut out, saving you even more in development costs
Flat topography, ideal for building with minimal site prep
Excellent long-term value in an area with growing amenities
Unlike many nearby lots that require both septic installation and costly fencing, this lot is build-ready and budget-friendly.
Don't miss out on this great deal – opportunities like this are rare!
For sale by owner
$199,000
1429 21st Ave SE, Rio Rancho, NM 87124
--beds
0baths
0.5Acres
Est.:
Sale
Built in ----
0.5 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Flat topography
- 59 days |
- 311 |
- 7 |
Listed by:
Property Owner (505) 440-1097
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 0.5 Acres
- Topography: Mostly Level
Details
- Parcel number: R024314
- Zoning: R-1
Utilities & green energy
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Location
- Region: Rio Rancho
Financial & listing details
- Tax assessed value: $76,500
- Annual tax amount: $999
- Date on market: 10/31/2025
- Date available: 02/14/2019
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,821/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/31/2025 | Listed for sale | $199,000-0.5% |
Source: Owner Report a problem | ||
| 8/26/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 3/12/2025 | Listed for sale | $200,000+33.3% |
Source: Owner Report a problem | ||
| 12/18/2024 | Sold | -- |
Source: | ||
| 11/1/2024 | Pending sale | $150,000 |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2020 | $999 -6.7% | $25,500 |
| 2019 | $1,071 -22.2% | $25,500 -26.2% |
| 2018 | $1,377 +333.4% | $34,558 -7% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$960/mo
Principal & interest
$772
Property taxes
$118
Home insurance
$70
Climate risks
Neighborhood: Rio Rancho Estates
Nearby schools
GreatSchools rating
- 6/10Joe Harris ElementaryGrades: K-5Distance: 0.5 mi
- 5/10Lincoln Middle SchoolGrades: 6-8Distance: 2.6 mi
- 7/10Rio Rancho High SchoolGrades: 9-12Distance: 3.6 mi
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