Discover the possibilities with this prime homesite in an expanding area of Rio Rancho. The level terrain and sweeping Sandia Mountain views create an ideal setting for a future custom residence or strategic investment. With the neighboring lot also available, buyers have a rare opportunity to expand their footprint and/or potentially secure a valuable package opportunity. Enjoy convenient access to the amenities and growth Rio Rancho is known for while planning your next move on this promising piece of land.
Lot/land
Price cut: $15K (6/19)
$85,000
517 8th St NE, Rio Rancho, NM 87124
--beds
--baths
0.5Acres
Unimproved Land
Built in ----
0.5 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 228 days |
- 11 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Cody Reed Bratton 575-937-7655,
Elevate New Mexico Realty 505-239-2610
Source: SWMLS,MLS#: 1095586
Facts & features
Property
Features
- Has view: Yes
Lot
- Size: 0.5 Acres
- Features: Views, Acreage
- Topography: Level
Details
- Parcel number: 1010070160248
- 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: $487
- Date on market: 12/11/2025
- Cumulative days on market: 228 days
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
$2,218/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/19/2026 | Price change | $85,000-15% |
Source:  SWMLS #1095586 Report a problem | ||
| 12/12/2025 | Listed for sale | $100,000+122.2% |
Source: SWMLS #1095586 Report a problem | ||
| 2/25/2022 | Listing removed | -- |
Source: SWMLS #926314 Report a problem | ||
| 2/25/2021 | Listed for sale | $45,000 |
Source: SWMLS #926314 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 87124
Nearby schools
GreatSchools rating
- 5/10Puesta Del Sol Elementary SchoolGrades: K-5Distance: 2 mi
- 7/10Eagle Ridge Middle SchoolGrades: 6-8Distance: 2.4 mi
- 7/10Rio Rancho High SchoolGrades: 9-12Distance: 3 mi
- $85,0000.5 Acres513 8th St NE, Rio Rancho, NM 87124Lot/Land
- $422,4003 bd2 ba1.7k sqft521 8th St NE, Rio Rancho, NM 87124Off Market
- $409,9003 bd2 ba1.9k sqft525 8th St NE, Rio Rancho, NM 87124Off Market
- $404,7003 bd2 ba1.8k sqft601 8th St NE, Rio Rancho, NM 87124Off Market
- $8,5000.5 Acres526 8th St NE, Rio Rancho, NM 87124Off Market
- $411,1003 bd2 ba1.9k sqft516 7th St NE, Rio Rancho, NM 87124Off Market
- $490,6004 bd2 ba2.5k sqft520 7th St NE, Rio Rancho, NM 87124Off Market
- $402,9003 bd2 ba2k sqft512 7th St NE, Rio Rancho, NM 87124Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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