408 Rainbow Boulevard
Rio Rancho, NM 87124
0.50Acre(Lot)
Beautiful Half-Acre Opportunity in a Growing Area. Adjacent Lot Also AvailableThis .5-acre lot offers the perfect blend of space, convenience, and future potential. Located right next to Lot 2--which is also available this property gives buyers the rare chance to secure side-by-side parcels in a rapidly developing area.Custom homes are already rising nearby, adding value and showcasing the quality of the neighborhood. A paved road runs directly in front of the property, providing easy access, and utilities are close, making future development far more convenient for your buyers.Whether someone is looking to build now or invest for the future, this lot delivers location, flexibility, and long-term upside.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Lot Information
Lot Size Acres: 0.5 Lot Size Source: Public Records Lot Size Square Feet: 21780 Lot Description: LevelProperty Information
Subdivision: Rio Rancho Estates Source Property Type: Land Zoning Description: R-1
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Listing Price Information
Listing Price: $70000 Cash
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Tax Information
Parcel Number: 1009069240151 Tax Lot: 3 Tax Block: 21 Annual Tax: $258.48
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School Information
Elementary School: Rio RanchoJunior High School: Rio Rancho Mid HighSenior High School: Rio Rancho -
Utility Information
Cable Available, Sewer Not Available -
Location Information
Direction: From Southern and Unser go West on Southern to Rainbow turn Right towards Inca and Rainbow. Lots on the right of Rainbow WaterSource: Other
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| U11 Rainbow Blk T Lot7 .., Rio Rancho, NM, 87124 | $22,000 | -- | -- | -- | 0.31 Acre(Lot) |
| 19th Street, Rio Rancho, NM, 87124 | $10,000 | -- | -- | -- | 0.50 Acre(Lot) |
| 2 LOTS 16th Street, Rio Rancho, NM, 87124 | $19,900 | -- | -- | -- | 1 Acre(Lot) |
| Unit 1 Lot 58 Block 9 2.., Rio Rancho, NM, 87124 | $1,800 | -- | -- | -- | 0.50 Acre(Lot) |
| 17th Ave Sw Avenue, Rio Rancho, NM, 87124 | $3,500 | -- | -- | -- | 0.50 Acre(Lot) |
| Lot 52, Blk 16, Unit 2, Rio Rancho, NM, 87124 | $10,000 | -- | -- | -- | 0.50 Acre(Lot) |
| 30th (u5 B28 L4) Street.., Rio Rancho, NM, 87124 | $24,000 | -- | -- | -- | 1 Acre(Lot) |
| Cheyenne (u4 B14 L273) .., Rio Rancho, NM, 87124 | $16,000 | -- | -- | -- | 1 Acre(Lot) |
| Southern (u2 B11 L32) B.., Rio Rancho, NM, 87124 | $10,500 | -- | -- | -- | 0.50 Acre(Lot) |
| Southern (u4 B46 L2 Bou.., Rio Rancho, NM, 87124 | $27,000 | -- | -- | -- | 1 Acre(Lot) |
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ByOwner last updated this listing 07/25/2026 @ 02:18
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