Build Your Dream Home or Next Investment!Don't miss this great opportunity to own a residential lot in a well-established neighborhood. With all city utilities available, this property is ready for your vision. Whether you're an investor, builder, or someone looking for the perfect place to build a custom home, this lot offers outstanding potential.Enjoy the convenience of an established community with nearby amenities while creating a home that fits your needs. Opportunities like this don't come along often--bring your plans and make this property yours today!
Lot/land
$44,500
1340 Sage Brush Ct SE, Rio Rancho, NM 87124
--beds
--baths
8,712Square Feet
Unimproved Land
Built in ----
8,712 Square Feet Lot
$304,400 Zestimate®
$--/sqft
$-- HOA
What's special
- 1 day |
- 37 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
F. Julian Morales 505-228-1379,
Real Estate Brokers of NM 505-999-1009
Source: SWMLS,MLS#: 1108772
Facts & features
Property
Lot
- Size: 8,712 Square Feet
- Features: None
- Topography: Level
Details
- Parcel number: 1011069016019
- Zoning description: R-1
Utilities & green energy
- Sewer: Public Sewer, None
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Phone Available, Water Available, Sewer Not Available
Community & HOA
Community
- Features: Sidewalks
- Subdivision: Valley Ridge
HOA
- Services included: None
Location
- Region: Rio Rancho
Financial & listing details
- Tax assessed value: $51,000
- Annual tax amount: $620
- Date on market: 8/7/2026
- Listing terms: Cash,Conventional
Estimated market value
$304,400
$283,000 - $323,000
$1,881/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2026 | Listed for sale | $44,500-61.3% |
Source:  SWMLS #1108772 Report a problem | ||
| 6/7/2014 | Listing removed | $115,000 |
Source: EXIT Realty of Rio Rancho #806940 Report a problem | ||
| 5/4/2014 | Price change | $115,000-2.5% |
Source: EXIT Realty of Rio Rancho #806940 Report a problem | ||
| 3/29/2014 | Price change | $118,000-4.8% |
Source: EXIT Realty of Rio Rancho #806940 Report a problem | ||
| 2/8/2014 | Listed for sale | $124,000 |
Source: EXIT Realty of Rio Rancho #806940 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $621 +0.2% | $17,000 |
| 2024 | $620 -57.7% | $17,000 -58.1% |
| 2023 | $1,468 +1.9% | $40,585 +3% |
| 2022 | $1,440 +0.8% | $39,402 +3% |
| 2021 | $1,429 +3% | $38,255 +3% |
| 2020 | $1,388 +2.3% | $37,141 +3% |
| 2019 | $1,356 +9.5% | $36,059 +3% |
| 2018 | $1,239 -4.1% | $35,010 +3% |
| 2017 | $1,291 | $33,990 +3% |
| 2016 | $1,291 +2.1% | $33,000 +0.6% |
| 2014 | $1,265 | $32,799 |
| 2013 | $1,265 | $32,799 -66.7% |
| 2011 | -- | $98,399 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 87124
Nearby schools
GreatSchools rating
- 7/10Maggie Cordova Elementary SchoolGrades: K-5Distance: 1 mi
- 6/10Lincoln Middle SchoolGrades: 6-8Distance: 1.5 mi
- 7/10Rio Rancho High SchoolGrades: 9-12Distance: 2.5 mi
- $--3 bd2 ba1.4k sqft1330 Sage Brush Ct SE, Rio Rancho, NM 87124Sold
- $298,9003 bd2 ba1.5k sqft1350 Sage Brush Ct SE, Rio Rancho, NM 87124Off Market
- $318,2003 bd2 ba1.5k sqft1320 Sage Brush Ct SE, Rio Rancho, NM 87124Off Market
- $309,0004 bd2 ba1.5k sqft1294 Sagebrush Ct SE, Rio Rancho, NM 87124Off Market
- $301,9003 bd2 ba1.3k sqft1296 Sagebrush Ct SE, Rio Rancho, NM 87124Off Market
- $297,0003 bd2 ba1.6k sqft1298 Sagebrush Ct SE, Rio Rancho, NM 87124Off Market
- $302,8004 bd2 ba1.5k sqft1341 Sagebrush Ct SE, Rio Rancho, NM 87124Off Market
- $295,2003 bd2 ba1.4k sqft1290 Sagebrush Ct SE, Rio Rancho, NM 87124Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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