About This Home

This land at 1002 38 Street SW in Rio Rancho, NM is listed for $35,000 (1.00 acres).

Key Features

  • 1.00 acre lot
Listing Description

Build your dream home or investment property on this spacious lot located in the growing community of Rio Rancho. Situated on 38th St SW, this property offers beautiful New Mexico skies, wide-open views, and plenty of space to create your ideal desert retreat.

Enjoy the peaceful surroundings while still being conveniently located near shopping, dining, schools, and everyday amenities. With easy access to major roads and the natural beauty of the Southwest all around, this lot presents a great opportunity for future development or long-term investment. Experience the charm and potential of Rio Rancho living in an area that continues to grow and thrive.

Location

1002 38 Street SW

Rio Rancho, NM 87124

Questions & Answers

This 0-bedroom, 0-bathroom land at 1002 38 Street SW is listed at $35,000. The estimated monthly payment is $187 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 1.00 acre lot.

This property is listed by Ken R. Martinez.

KM

Ken R. Martinez

License 52459

Agent at Keller Williams Realty

Listed by Keller Williams Realty · Broker phone: (505) 375-2062 · View on Broker Site

MLS# 202602274· Source: Santa Fe Association of REALTORS®, Inc.· 159 days on PropertySimple

Copyright © 2026 Santa Fe Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1002 38 Street SW, Rio Rancho, NM 87124

Open this listing in: