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 612 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
Price cut: $3K (6/9)
$65,000
618 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
- 97 days |
- 9 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Amber Rosado 505-718-5101,
Coldwell Banker Legacy 505-292-8900
Source: SWMLS,MLS#: 1102152
Facts & features
Property
Lot
- Size: 0.5 Acres
- Features: Cleared
- Topography: Level
Details
- Parcel number: 1009070240305
- 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
- Cumulative days on market: 97 days
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/9/2026 | Price change | $65,000-4.4% |
Source:  SWMLS #1102152 Report a problem | ||
| 4/22/2026 | Listed for sale | $68,000 |
Source: SWMLS #1102152 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
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: 3.2 mi
- 7/10Rio Rancho High SchoolGrades: 9-12Distance: 3.9 mi
- $65,0000.5 Acres612 Rainbow Blvd NE, Rio Rancho, NM 87124Lot/Land
- $--0.5 Acres620 Rainbow Blvd NE, Rio Rancho, NM 87124Sold
- $90,0001 Acres7th U8 B54 L12 Ave NW, Rio Rancho, NM 87124Lot/Land
- $294,700-- bd-- ba-- sqft617 1st St NE, Rio Rancho, NM 87124Off Market
- $--3 bd3 ba2.3k sqft625 1st St NE, Rio Rancho, NM 87124Sold
- $--4 bd3 ba2k sqft621 1st St NE, Rio Rancho, NM 87124Sold
- $526,2004 bd3 ba2.4k sqft629 1st St NE, Rio Rancho, NM 87124Off Market
- $21,2500.5 Acres629 1st St NE, Rio Rancho, NM 87124Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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