Investment Opportunity! C-3, Midtown Commercial District! Vacant lot sits above Rio Ruidoso and below midtown. Previous structure was torn down, the lot is cleared and ready for you to build.
Lot/land
Price cut: $10K (5/5)
$139,500
121 Rio St, Ruidoso, NM 88345
--beds
--baths
5,662Square Feet
Unimproved Land
Built in ----
5,662 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 411 days |
- 107 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Kaitlin Brophy 575-937-8156,
Better Homes & Gardens Real Estate - Steinborn & Associates 855-784-3676
Source: RLCMLS,MLS#: 132455
Originating MLS: Ruidoso Lincoln County Association of REALTORS
Facts & features
Property
Parking
- Parking features: Other
Features
- Fencing: None
- Has view: Yes
- View description: Valley, Trees/Woods, Southern Exposure
Lot
- Size: 5,662 Square Feet
- Features: Gentle Sloping, Interior Lot
Details
- Parcel number: 4072065111063
- Zoning: C3
Utilities & green energy
- Sewer: Unknown
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Ruidoso Springs
Location
- Region: Ruidoso
Financial & listing details
- Tax assessed value: $10,122
- Annual tax amount: $99
- Date on market: 4/28/2025
- Cumulative days on market: 412 days
- Listing terms: Cash,Conventional,1031 Exchange
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/5/2026 | Price change | $139,500-6.7% |
Source: | ||
| 6/10/2025 | Listed for sale | $149,500 |
Source: | ||
| 9/8/2023 | Sold | -- |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $99 -78.9% | $3,374 -78.7% |
| 2023 | $469 +0.9% | $15,831 +3% |
| 2022 | $465 +0.5% | $15,370 |
| 2021 | $462 -0.9% | $15,370 |
| 2020 | $467 +4.8% | $15,370 |
| 2019 | $445 +4.7% | $15,370 -8.3% |
| 2018 | $425 +4.3% | $16,766 +3% |
| 2017 | $408 | $16,277 +3% |
| 2015 | $408 +6.8% | $15,804 +3% |
| 2014 | $382 | $15,344 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 88345
Nearby schools
GreatSchools rating
- 6/10White Mountain Elementary SchoolGrades: 3-5Distance: 1.9 mi
- 6/10Ruidoso Middle SchoolGrades: 6-8Distance: 1.7 mi
- 4/10Ruidoso High SchoolGrades: 9-12Distance: 1.8 mi
A local agent can set up tours, give advice and negotiate with sellers.
- New Mexico
- Lincoln County
- Ruidoso
- 88345
- 121 Rio St





