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408 Rainbow Boulevard Se, Rio Rancho, NM 87124

$70,000
  • 408 Rainbow Boulevard Se, Rio Rancho, NM 87124 Main Photo

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New to the Market Active
LOT SIZE 0.500 acres MLS#1103863
STATUSActive PROPERTY TYPELand - Residential SUBDIVISIONRio Rancho Estates

Property Description

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.

408 Rainbow Boulevard Se | MLS# 1103863

This land located at 408 Rainbow Boulevard Se, Rio Rancho, NM 87124 is currently listed for sale with an asking price of $70,000. The property has approximately 0.50 Acres. Search Rio Rancho real estate on romerom.cblegacy.com today.

Property Features

Property Type: Land - Residential
Lot Size: 0.50 Acres
Taxes: $258

Feature Descriptions

Lot: None
Parcel#: 1009069240151
Sewer: None
Topography: Level
Utilities: Cable Available, Sewer Not Available
Water: Other
Zoning: R-1

Local Schools

High School: Rio Rancho
Middle School: Rio Rancho Mid High
Elementary School: Rio Rancho

Listed By / Shown By

Listed By

Agency Name: Realty One of New Mexico
Agency Phone: (505) 883-9400

Shown By

Agent Name: Melonie Romero
Agent Phone: (505) 933-3362
Agency Title: Coldwell Banker Legacy

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Estimate Your Payment

Estimated Payment

$ 197.71 per month $155.79 Principal & Interest $21.50 Property Tax $20.42 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/20/2026. The listing information on this page last changed on 05/20/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 05/20/2026 12:00:58 AM EST) or SWMLS (last updated Tue 05/19/2026 10:55:41 PM EST) or Santa Fe MLS (last updated Tue 05/19/2026 11:14:28 PM EST). Real estate listings held by brokerage firms other than Coldwell Banker Legacy may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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