212 & 216 Rainbow Boulevard NE Rio Rancho, NM ^$ 27,500

212 & 216 Rainbow Boulevard NE

^$ 27,500

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Recently Listed

212 & 216 Rainbow Boulevard NE

Rio Rancho, NM, 87124

^$ 27,500

Bedrooms-- Baths0.0

Monthly Estimate*

^$ 190

212 & 216 Rainbow Boulevard NE, Rio Rancho, NM 87124 - Image 1

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212 & 216 Rainbow Boulevard NE, Rio Rancho, NM 87124 - Image 11

Lots and Land for sale in Rio Rancho, NM

for $27,500. The lot size is 0.62.

Great opportunity to own two adjoining lots totaling approximately 0.62 acres along Rainbow Blvd in Rio Rancho. With plenty of space for future development or long-term investment, these lots offer excellent potential in a growing area of the city. Convenient access to nearby major roads, shopping, schools, and expanding development makes this a great addition to any land portfolio. Buy now and hold for the future or explore the possibilities for your next project.

Lots and Land Active

Price

^$ 27,500

Property Type

Lots and Land

Taxes

^$ 143

Style

Lot Size

0.62

Town/City

Rio Rancho

County/Region

Sandoval

MLS | Web ID

1111911

Features

General

Sewer None

Utilities Electricity Available Sewer Not Available Water Not Available

Possession Closing & Funding

Topography Level

Township N/A

Current Use Mobile Home Residential Single Family

County Sandoval

Property Type Land

Subdivision Name Rio Rancho Estates

Possible Use Mobile Home Residential

Status Active

Directions Lots are on Rainbow Blvd . NE between 2nd Ave and 3rd Ave.

City Rio Rancho

Disclosures RANM 2100 Disclosure

Zoning Description R-1

MLS Area 150 - Rio Rancho MiD

Lot Size Square Feet 27007

Listing Terms Cash

Tax Annual Amount 143.68

Standard Status Active

Tax Lot 12 & 13

Exterior

Parking Features Paved

Water Source None

Lot Size Acres 0.62

Lot Size Source Public Records

Number of Lots 2

* Excluded Features

List By

Gabriel Jerome Vargas

Listing Agent

Double Eagle Real Estate

Broker

Gabe@dereabq.com

Affordability Calculator

$202

Per Month

Monthly Principal & Interest: $190
Monthly Property Taxes: $12
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 7.375% 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 ^$39,290

Percent of Sale Price 43%

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
10/2/2026	$27,500		Listed Price

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212 & 216 Rainbow Boulevard NE, Rio Rancho, NM, 87124 is a Lots and Land for sale at $27,500 with a lot size of 0.62. 212 & 216 Rainbow Boulevard NE has 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 7.375% 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 10/14/2026.

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212 & 216 Rainbow Boulevard NE

Lots and Land for sale in Rio Rancho, NM

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