Discover the potential of this exceptional half-acre lot, ideally situated in a rapidly growing and highly desirable area. Whether you're ready to build your dream home or invest in a promising piece of New Mexico land, this property offers the perfect opportunity.Enjoy the convenience of easy access from a paved road while being just minutes from shopping, dining, and entertainment. The surrounding area continues to develop, making this an excellent choice for both homeowners and investors alike.The seller also owns the adjacent lot at 618 Rainbow Blvd NE and is open to selling the properties individually or together--offering even greater flexibility and potential.Don't miss your chance to secure a beautiful slice of New Mexico with endless possibilities.
Lot/land
$68,000
612 Rainbow Blvd NE, Rio Rancho, NM 87124
--beds
--baths
0.5Acres
Unimproved Land
Built in ----
0.5 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Half-acre lot
- 11 hours |
- 13 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Amber Rosado 505-718-5101,
Coldwell Banker Legacy 505-292-8900
Source: SWMLS,MLS#: 1102151
Facts & features
Property
Lot
- Size: 0.5 Acres
- Features: Cleared, Acreage
- Topography: Level
Details
- Parcel number: 1009070240296
- Zoning description: R-1
Utilities & green energy
- Sewer: None
- Water: None
- Utilities for property: None, Sewer Not Available, Water Not Available
Community & HOA
Community
- Subdivision: Rio Rancho Estates
Location
- Region: Rio Rancho
Financial & listing details
- Annual tax amount: $258
- Date on market: 4/22/2026
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/22/2026 | Listed for sale | $68,000 |
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: 87124
Nearby schools
GreatSchools rating
- 5/10Puesta Del Sol Elementary SchoolGrades: K-5Distance: 2.1 mi
- 7/10Eagle Ridge Middle SchoolGrades: 6-8Distance: 3.1 mi
- 7/10Rio Rancho High SchoolGrades: 9-12Distance: 3.9 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
- 87124
- 612 Rainbow Blvd NE





