$89,000

active

1104 Vargas Road SE, Rio Rancho, NM 87124

241 days on market

Lot

1.62 ac

Type

land

About This Property

AMAZING LOCATION, OVERSIZED LOT (over 1.6 ACRES), AND POWER/GAS ON STREET. Most lots in the area are only .5 acres. All custom houses in the area. Located off the newly finished Westside Blvd. Prime location being in one of the fastest growing spots in the city. Vargas road is mostly a paved road, for the short stretch that it is not, the city grates it often! Situated near Presbyterian Hospital center, Intel, Movie theater, and the new high end Market street that opened April 2025! This lot also falls in the award winning Rio Rancho school district. Only a few minutes from the new Joe Harries Elementary school. Take a drive and see all the growth happening NOW! Lot will need a well and septic. Mostly flat. Views to the mountain and open land.

Features & Amenities

Cleared

Views

Acreage

Water: None

Sewer: None

Subdivision: Rio Rancho Estates

Property Details

MLS #	1094826
Property Type	land
Lot Size	1.62 acres (70,567 sqft)
Property Tax (est.)	$943/yr ($79/mo)
Status	Active
Days on Market	241

About Rio Rancho → Full Guide

Price vs. Neighborhood

This home

$89,000

Rio Rancho median

$348,000

74% below the Rio Rancho median. Homes here sell in an average of 32 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 Keller Williams Realty. © 2026 Southwest Multiple Listing Service, Inc. All rights reserved. Listing data provided by SWMLS IDX. Information deemed reliable but not guaranteed. Equal Housing Opportunity.