409 1st Street NE Rio Rancho, NM ^$ 70,000

409 1st Street NE

^$ 70,000

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409 1st Street NE

Rio Rancho, NM, 87124

^$ 70,000

Studio Baths0.0

Monthly Estimate*

^$ 437

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Studio

Lots and Land for sale in Rio Rancho, NM

for $70,000. The lot size is 0.5.

This investment opportunity / ready-to-develop homesite comes with city electricity, water, & cable utilities on a level Lot that offers beautiful Sandia Mountain views and quick access to all that Rio Rancho has to offer. Don't wait--make this property yours today!

Lots and Land Active

Price

^$ 70,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 487

Style

Lot Size

0.5

Town/City

Rio Rancho

County/Region

Sandoval

MLS | Web ID

1093252

Features

General

Sewer None

Utilities Cable Available Electricity Available Natural Gas Not Available Phone Available Underground Utilities Water Available Sewer Not Available

Possession Closing & Funding

Topography Level

Township N/A

Current Use Residential Single Family Unimproved

County Sandoval

Property Type Land

Subdivision Name RIO RANCHO ESTATES

Possible Use Residential Unimproved

Status Active

Directions West on Southern Blvd SE from Unser Blvd SE North on Rainbow Blvd SE from Southern Blvd SE East on 5th Ave NE from Rainbow Blvd SE North on 1st Street NE from 5th Ave NE.

City Rio Rancho

Disclosures RANM 2100 Disclosure

Zoning Description R-1

MLS Area 150 - Rio Rancho MiD

Lot Size Square Feet 21780

Listing Terms Cash Conventional

Tax Annual Amount 487.44

Standard Status Active

Tax Lot 79

Exterior

Lot Features Views Acreage

Water Source Public

Lot Size Acres 0.5

Lot Size Source Public Records

Number of Lots 1

* Excluded Features

List By

Cody Reed Bratton

Listing Agent

Elevate New Mexico Realty

Broker

cody@elevatenmrealty.com

Affordability Calculator

$477

Per Month

Monthly Principal & Interest: $437
Monthly Property Taxes: $41
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Rio Rancho, NM

Average List Price ^$36,517

Percent of Sale Price 48%

About Rio Rancho, NM

97,693 Population

88% Since 2002

^$61,991 Median Income

37.48 Median Age

34% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/20/2025	$70,000		Listed Price

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409 1st Street NE, Rio Rancho, NM, 87124 is a Lots and Land for sale at $70,000 with a lot size of 0.5. 409 1st Street NE is a studio with 0.0 baths. The property's zip code is 87124 which is in Rio Rancho, NM

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Southwest Multiple Listing Service, Inc.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Southwest Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/11/2025.

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409 1st Street NE

Lots and Land for sale in Rio Rancho, NM

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