BUILD YOUR DREAM HOME ON THIS GATED HALF-ACRE LOT! Rare opportunity to create a custom home in Rio Rancho with a valuable head start already in place. The property includes a completed garage with potential for a casita/additional living space, subject to buyer verification and permitting, gated entry, architectural blueprints for the proposed home, designer bathroom tile, and matching exterior stone and fireplace materials. Electricity and natural gas are available at the easement; private well and septic will be required, subject to applicable approvals. The seller began the construction project but ultimately had to step away. No additional construction work is included in the sale, but the existing plans and materials convey with the property for a buyer who wants to continue the vision--or create something entirely their own. An exceptional opportunity for a buyer looking for land, privacy, and a head start on a custom home.
Lot/land
Price cut: $40K (10/9)
$210,000
6429 Matamoros Rd NE, Rio Rancho, NM 87144
--beds
--baths
0.5Acres
Unimproved Land
Built in ----
0.5 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Gated half-acre lotCompleted garage
- 18 days
- 638
- 24
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Jonathan P Tenorio 505-410-8568,
Keller Williams Realty 505-897-1100,
Nicole Romero 505-550-2421,
Keller Williams Realty
Source: SWMLS,MLS#: 1112347
Facts & features
Property
Features
- Fencing: Gate
Lot
- Size: 0.5 Acres
- Topography: Level
Details
- Additional structures: Outbuilding
- Parcel number: 1016072519485
- Zoning description: R-1
Utilities & green energy
- Sewer: Other, See Remarks
- Water: Other
- Utilities for property: Electricity Available, Natural Gas Available, See Remarks
Community & HOA
Community
- Subdivision: Rio Rancho Estates
Location
- Region: Rio Rancho
Financial & listing details
- Annual tax amount: $1,308
- Date on market: 10/11/2026
- Listing terms: Cash
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/9/2026 | Price change | $210,000-16% |
Source: | ||
| 9/9/2026 | Price change | $250,000-5.7% |
Source: | ||
| 8/11/2026 | Price change | $265,000-3.6% |
Source: | ||
| 7/17/2026 | Price change | $275,000-8.3% |
Source: | ||
| 6/16/2026 | Listed for sale | $300,000 |
Source: | ||
Public tax history
Tax history is unavailable.




