Have a look at this exceptional opportunity to secure a development-ready homesite in one of Rio Rancho's quickly expanding communities. This level lot features clear views of the Sandia Mountains and presents outstanding potential for a custom build, long-term investment, or future development. Ideally located with convenient access to everything Rio Rancho has to offer, this property is ready for you to turn your vision into reality.
Lot/land
$80,000
420 5th St NE, Rio Rancho, NM 87124
--beds
--baths
0.5Acres
Unimproved Land
Built in ----
0.5 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 1 day |
- 33 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Cody Reed Bratton 575-937-7655,
Elevate New Mexico Realty 505-239-2610
Source: SWMLS,MLS#: 1106509
Facts & features
Property
Features
- Has view: Yes
Lot
- Size: 0.5 Acres
- Features: Views, Acreage
- Topography: Level
Details
- Parcel number: 1010070013208
- Zoning description: R-1
Utilities & green energy
- Sewer: None
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Underground Utilities, Water Available, Sewer Not Available
Community & HOA
Community
- Subdivision: Rio Rancho Estates
Location
- Region: Rio Rancho
Financial & listing details
- Annual tax amount: $486
- Date on market: 7/1/2026
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Listed for sale | $80,000 |
Source: | ||
Public tax history
Tax history is unavailable.
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: 87124
Nearby schools
GreatSchools rating
- 5/10Puesta Del Sol Elementary SchoolGrades: K-5Distance: 1.9 mi
- 7/10Eagle Ridge Middle SchoolGrades: 6-8Distance: 2.6 mi
- 7/10Rio Rancho High SchoolGrades: 9-12Distance: 3.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
- New Mexico
- Sandoval County
- Rio Rancho
- 87124
- 420 5th St NE





