500 Cherry Road NE Rio Rancho, NM ^$ 40,000

500 Cherry Road NE

^$ 40,000

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500 Cherry Road NE

Rio Rancho, NM, 87144

^$ 40,000

Studio Baths0.0

Monthly Estimate*

^$ 250

500 Cherry Road NE, Rio Rancho, NM 87144 - Image 1

500 Cherry Road NE, Rio Rancho, NM 87144 - Image 2

500 Cherry Road NE, Rio Rancho, NM 87144 - Image 3

500 Cherry Road NE, Rio Rancho, NM 87144 - Image 4

Studio

Lots and Land for sale in Rio Rancho, NM

for $40,000. The lot size is 1.19.

Lots and Land Active

Price

^$ 40,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 182

Style

Lot Size

1.19

Town/City

Rio Rancho

County/Region

Sandoval

MLS | Web ID

1093424

Features

General

Sewer None

Utilities None Sewer Not Available Water Not Available

Possession Closing & Funding

Topography Level

Township NA

Current Use Unimproved

County Sandoval

Property Type Land

Subdivision Name Rio Rancho Estates

Possible Use Unimproved

Status Active

Directions UNSER NORTH TO CHERRY LEFT ON CHERRY UNTIL THE ROAD ENDS AND LOT IS ON THE SOUTH WEST CORNER

City Rio Rancho

Disclosures RANM 2100 Disclosure

Zoning Description R-1

MLS Area 161 - Rio Rancho Central

Lot Size Square Feet 51836

Listing Terms Cash Owner May Carry

Tax Annual Amount 182.88

Standard Status Active

Tax Lot 1

Exterior

Lot Features None Acreage

Water Source None

Lot Dimensions additional approx rear is 211' east lot line 285'

Lot Size Acres 1.19

Lot Size Source Public Records

Number of Lots 1

* Excluded Features

List By

Greg Shea

Listing Agent

The Hive Re Collective

Broker

R1NmShea@gmail.com

Affordability Calculator

$265

Per Month

Monthly Principal & Interest: $250
Monthly Property Taxes: $15
Monthly Home Insurance: --

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Interest Rate

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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 9%

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
10/23/2025	$40,000		Listed Price

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500 Cherry Road NE, Rio Rancho, NM, 87144 is a Lots and Land for sale at $40,000 with a lot size of 1.19. 500 Cherry Road NE is a studio with 0.0 baths. The property's zip code is 87144 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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500 Cherry Road NE

Lots and Land for sale in Rio Rancho, NM

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