Build your next home on this spacious half-acre lot with city water, natural gas, and electricity available nearby. Manufactured homes are allowed, offering flexibility while still being surrounded by established and newer custom homes in a growing area. A great opportunity to secure land for a future homesite or long-term investment in Rio Rancho.
Lot/land
$70,000
637 1st St NE, Rio Rancho, NM 87124
--beds
--baths
0.5Acres
Unimproved Land
Built in ----
0.5 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Spacious half-acre lot
- 53 days |
- 17 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Gabriel Jerome Vargas 505-417-2245,
Double Eagle Real Estate 505-883-1414
Source: SWMLS,MLS#: 1101210
Facts & features
Property
Features
- Has view: Yes
Lot
- Size: 0.5 Acres
- Features: Views
- Topography: Level
Details
- Parcel number: 1009070270321
- Zoning description: R-1
Utilities & green energy
- Sewer: None
- Water: Public
- Utilities for property: Electricity Not Available, Natural Gas Available, Phone Available, Underground Utilities, Water Available, Sewer Not Available
Community & HOA
Community
- Subdivision: Rio Rancho Estates
Location
- Region: Rio Rancho
Financial & listing details
- Annual tax amount: $487
- Date on market: 4/6/2026
- Cumulative days on market: 55 days
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/7/2026 | Listed for sale | $70,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
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: 3.8 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
- 637 1st St NE





