408 Rainbow Boulevard SE Rio Rancho, NM $ 70,000
408 Rainbow Boulevard SE
$ 70,000
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408 Rainbow Boulevard SE

Rio Rancho, NM, 87124
$ 70,000
Baths0.0

Monthly Estimate*

$ 431

408 Rainbow Boulevard SE, Rio Rancho, NM 87124 - Image 1
408 Rainbow Boulevard SE, Rio Rancho, NM 87124 - Image 2
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Studio

Lots and Land for sale in Rio Rancho, NM

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

Beautiful Half-Acre Opportunity in a Growing Area. Adjacent Lot Also AvailableThis .5-acre lot offers the perfect blend of space, convenience, and future potential. Located right next to Lot 2--which is also available this property gives buyers the rare chance to secure side-by-side parcels in a rapidly developing area.Custom homes are already rising nearby, adding value and showcasing the quality of the neighborhood. A paved road runs directly in front of the property, providing easy access, and utilities are close, making future development far more convenient for your buyers.Whether someone is looking to build now or invest for the future, this lot delivers location, flexibility, and long-term upside.

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Lots and Land Active

Price

$ 70,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 258

Style

Lot Size

0.5

Town/City

Rio Rancho

County/Region

Sandoval

MLS | Web ID

1103863

Features
General
Sewer None
Utilities CableAvailable SewerNotAvailable
Possession ClosingAndFunding
Topography Level
Township N/A
County Sandoval
Property Type Land
Subdivision Name Rio Rancho Estates
Status Active
Directions From Southern and Unser go West on Southern to Rainbow turn Right towards Inca and Rainbow. Lots on the right of Rainbow
High School Rio Rancho
City Rio Rancho
Disclosures Ranm2100Disclosure
Zoning Description R-1
MLS Area 150 - Rio Rancho MiD
Lot Size Square Feet 21780
Listing Terms Cash
Elementary School Rio Rancho
Tax Annual Amount 258.48
Middle/Junior High School Rio Rancho Mid High
Standard Status Active
Tax Lot 3
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Exterior
Lot Features None
Water Source Other
Lot Size Acres 0.5
Lot Size Source PublicRecords
Number of Lots 1
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* Excluded Features
List By
Rose M Varona

Listing Agent

Realty One Of New Mexico

Broker

rosevrealtor@gmail.com

Email

Affordability Calculator

$453
Per Month
95%
5%
0%
Monthly Principal & Interest
$431
Monthly Property Taxes
$22
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
3038420 Elementary School
0 Middle School
Rio Rancho High School High School
Pricing History
DatePricePrice ChangeDescription
5/19/2026$70,000 Listed Price

Map


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408 Rainbow Boulevard SE, Rio Rancho, NM, 87124 is a Lots and Land for sale at $70,000 with a lot size of 0.5. 408 Rainbow Boulevard SE is a studio with 0.0 baths. The property's zip code is 87124 which is in Rio Rancho, NM