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Lot/land
  • $180,000

    86-90 1st St SE, Rio Rancho, NM 87124

    --beds
    --baths
    1.5Acres
    Unimproved Land
    Built in ----
    1.5 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Three adjoining half-acre lots
    An exceptional opportunity to own three adjoining half-acre lots in the growing community of Rio Rancho! Whether you're looking to build multiple homes, create a larger homesite by combining parcels, or invest in New Mexico land, these properties offer outstanding flexibility and value.Each lot has city water, electricity, and natural gas available nearby, and manufactured homes are allowed, making them ideal for a variety of residential plans. Enjoy the space and privacy of half-acre lots while remaining conveniently located near schools, shopping, restaurants, and everyday amenities.Owner financing is available, making this a fantastic opportunity for buyers and investors alike. Purchase all three parcels to maximize your possibilities and secure a prime piece of Rio Rancho's continued growth.
    3 days
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    Zillow last checked:

    Listing updated:

    Listed by:

    Gabriel Jerome Vargas 505-417-2245,

    Double Eagle Real Estate 505-883-1414

    Source: SWMLS,MLS#: 1108476MLS Logo

      Facts & features

      Property

      Lot
      • Size: 1.5 Acres
      • Features: None
      • Topography: Level
      Details
      • Parcel number: 1009069300406
      • Zoning description: R-1

      Utilities & green energy

      • Sewer: None
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, Natural Gas 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: $1,459
      • Date on market: 8/3/2026
      • Listing terms: Cash,Conventional,Owner May Carry

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/4/2026Listed for sale$180,000
        Source: SWMLS #1108476 Report a problem

        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

        Getting around

        9 / 100
        Car-Dependent
        24 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

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