Lot/land

Price cut: $1.5K (3/22)

$17,500

5307 Nambe Rd NE, Rio Rancho, NM 87144

--beds

--baths

0.5Acres

Unimproved Land

Built in ----

0.5 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Motivated seller offering owner financing on one of two available lots with excellent future potential. Manufactured homes are allowed, and electric and natural gas are available at the property line, helping simplify your path to development. There is also potential to develop both lots with a shared well, adding flexibility for builders, investors, or those planning a custom setup. A great opportunity to secure land with favorable terms and multiple possibilities.

332 days

11

1

Facts & features

Property

Features

Has view: Yes

Lot

Size: 0.5 Acres
Features: Views, Acreage, Gentle Sloping, Stream/Creek
Topography: Sloping

Details

Parcel number: 1014075444417
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: $58
Date on market: 6/11/2025
Cumulative days on market: 333 days
Listing terms: Cash,Owner May Carry

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
3/22/2026	Price change	$17,500-7.7%
Source: SWMLS #1085779 Report a problem
12/26/2025	Price change	$18,950-0.3%
Source: SWMLS #1085779 Report a problem
11/5/2025	Price change	$19,000-5%
Source: SWMLS #1085779 Report a problem
6/12/2025	Listed for sale	$20,000
Source: SWMLS #1085779 Report a problem

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.

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