$80,000

active

641 1st Street NE, Rio Rancho, NM 87124

3 days on market

Lot

21,780 sqft

Type

land

About This Property

Build your next home on this spacious half-acre lot with city water, natural gas, and electricity available nearby. Manufactured homes are allowed, offering flexibility while still being surrounded by established and newer custom homes in a growing area. A great opportunity to secure land for a future homesite or long-term investment in Rio Rancho.

Features & Amenities

Views

Water: Public

Sewer: None

Subdivision: Rio Rancho Estates

Property Details

MLS #	1112792
Property Type	land
Lot Size	21,780 sqft
Property Tax (est.)	$487/yr ($41/mo)
Status	Active
Days on Market	3

About Rio Rancho → Full Guide

Price vs. Neighborhood

This home

$80,000

Rio Rancho median

$345,000

77% below the Rio Rancho median. Homes here sell in an average of 36 days.

Commute Times

Unm

30 min

Downtown

25 min

Abq Studios

35 min

Sandia Labs

30 min

Kirtland Afb

35 min

Presbyterian

25 min

Intel Rio Rancho

10 min

Nearby Schools

Colinas del Norte Elementary

K-5 · RRPS

7/10

Cleveland High School

9-12 · RRPS

7/10

Lincoln Middle School

6-8 · RRPS

6/10

Rio Rancho High School

9-12 · RRPS

6/10

Neighborhood Guide

Explore Rio Rancho

Growing & Modern

Listing courtesy of Double Eagle Real Estate. © 2026 Southwest Multiple Listing Service, Inc. All rights reserved. Listing data provided by SWMLS IDX. Information deemed reliable but not guaranteed. Equal Housing Opportunity.