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, brand-new appliances still in the boxes, premium kitchen cabinetry, 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. Home shown is a rendering only and is not an existing structure. An exceptional opportunity for a buyer looking for land, privacy, and a head start on a custom home.
New construction
Price cut: $15K (9/9)
$250,000
6429 Matamoros Rd NE, Rio Rancho, NM 87144
3beds
1,731sqft
Single Family Residence
Built in 2026
0.5 Acres Lot
$249,500 Zestimate®
$144/sqft
$-- HOA
What's special
Gated entryCompleted garageBrand-new appliancesPremium kitchen cabinetryDesigner bathroom tile
- 89 days
- 3,563
- 128
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#: 1105624
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Description: See Remarks
- Level: Main
- Area: 100
- Dimensions: See Remarks
Kitchen
- Description: See Remarks
- Level: Main
- Area: 100
- Dimensions: See Remarks
Living room
- Description: See Remarks
- Level: Main
- Area: 100
- Dimensions: See Remarks
Heating
- None
Cooling
- None
Appliances
- Included: Dryer, Dishwasher, Free-Standing Gas Range, Microwave, Refrigerator, Washer
- Laundry: Other
Features
- Main Level Primary
- Flooring: Carpet Free
- Windows: Sliding
- Has basement: No
- Has fireplace: Yes
- Fireplace features: Custom
Interior area
- Total structure area: 1,731
- Total interior livable area: 1,731 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Exterior features: Private Yard
Lot
- Size: 0.5 Acres
Details
- Parcel number: 1016072519485
- Zoning description: R-1
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Roof: Pitched
Condition
- To Be Built
- New construction: Yes
- Year built: 2026
Utilities & green energy
- Sewer: Other, See Remarks
- Water: Other, See Remarks
- Utilities for property: See Remarks
Green energy
- Energy generation: None
Community & HOA
Community
- Subdivision: Rio Rancho Estates
Location
- Region: Rio Rancho
Financial & listing details
- Price per square foot: $144/sqft
- Annual tax amount: $1,308
- Date on market: 6/16/2026
- Cumulative days on market: 90 days
- Listing terms: Cash
Estimated market value
$249,500
$237,000 - $262,000
$2,493/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/9/2026 | Price change | $250,000-5.7%$144/sqft |
Source: | ||
| 8/11/2026 | Price change | $265,000-3.6%$153/sqft |
Source: | ||
| 7/17/2026 | Price change | $275,000-8.3%$159/sqft |
Source: | ||
| 6/16/2026 | Listed for sale | $300,000$173/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment




