**OWNER FINANCING AVAILABLE WITH A REAL ESTATE CONTRACT!** Take advantage of an opportunity to own a half-acre lot positioned along the edge of the rapidly expanding Los Diamantes development in Rio Rancho. With residential and commercial growth continuing throughout this area, this property offers excellent potential for long-term investment, future development, or land banking.Located in one of Rio Rancho's active growth corridors, the lot provides convenient access to nearby shopping, medical facilities, schools, and major roadways. Its proximity to the Los Diamantes master-planned community adds to its long-term appeal as development continues to expand westward.Whether you're looking for land to hold for the future, considering a future building site, or simply want to invest in Rio Rancho's continued growth, this half-acre property offers an affordable opportunity--with owner financing available through a Real Estate Contract.
Lot/land
Price cut: $3K (8/27)
$47,000
624 Villa Rd SE, 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
- 95 days
- 43
- 4
Zillow last checked:
Listing updated:
Listed by:
Gabriel Jerome Vargas 505-417-2245,
Double Eagle Real Estate 505-883-1414
Source: SWMLS,MLS#: 1105816
Facts & features
Property
Features
- Has view: Yes
Lot
- Size: 0.5 Acres
- Features: Views, Acreage
- Topography: Level
Details
- Parcel number: 1010067071389
- 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: $548
- Date on market: 6/18/2026
- Cumulative days on market: 96 days
- Listing terms: Cash,Conventional,Owner May Carry
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/27/2026 | Price change | $47,000-6% |
Source: | ||
| 6/19/2026 | Listed for sale | $50,000 |
Source: | ||
Public tax history
Tax history is unavailable.




