Motivated seller offering owner financing on this versatile two-lot opportunity with strong future potential. Manufactured homes are allowed, and electric and natural gas are available at the property line, making development more accessible. Both parcels may be developed using a shared well, creating added flexibility for builders, investors, or those planning a custom setup. A rare chance to secure usable land with favorable terms and multiple possibilities.
Lot/land
$35,000
5307-5311 Nambe Rd NE, Rio Rancho, NM 87144
--beds
--baths
1Acres
Unimproved Land
Built in ----
1 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 18 days |
- 104 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Gabriel Jerome Vargas 505-417-2245,
Double Eagle Real Estate 505-883-1414
Source: SWMLS,MLS#: 1086033
Facts & features
Property
Features
- Has view: Yes
Lot
- Size: 1 Acres
- Features: Views, Acreage, Gentle Sloping, Stream/Creek
- Topography: Sloping
Details
- Parcel number: 1014075436417
- Zoning description: R-1
Utilities & green energy
- Sewer: None
- Water: None
- Utilities for property: Electricity Available, Natural Gas Available, Underground Utilities, Sewer Not Available, Water Not Available
Community & HOA
Community
- Subdivision: RIO RANCHO ESTATES
Location
- Region: Rio Rancho
Financial & listing details
- Annual tax amount: $116
- Date on market: 6/14/2025
- Cumulative days on market: 305 days
- Listing terms: Cash,Owner May Carry
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/26/2026 | Listed for sale | $35,000 |
Source: | ||
| 3/26/2026 | Listing removed | $35,000 |
Source: | ||
| 3/22/2026 | Price change | $35,000-6.7% |
Source: | ||
| 11/5/2025 | Price change | $37,500-1.3% |
Source: | ||
| 6/14/2025 | Listed for sale | $38,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 87144
Nearby schools
GreatSchools rating
- 7/10Vista Grande Elementary SchoolGrades: K-5Distance: 1.3 mi
- 8/10Mountain View Middle SchoolGrades: 6-8Distance: 3.3 mi
- 7/10V Sue Cleveland High SchoolGrades: 9-12Distance: 2.4 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- New Mexico
- Sandoval County
- Rio Rancho
- 87144
- 5307-5311 Nambe Rd NE







