# 1002 SW 38 Street, Rio Rancho, NM 87124

> **TL;DR:** land, $35,000. Est. $152/mo. Listed 5 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $35,000 |
| Lot Size | 43,560 sqft (1.00 acres) |
| Property Type | Land (Other) |
| Status | For Sale |
| Days on Market | 5 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $152 |
| **Total** | **$152** |

## Nearby Schools

- **Elementary:** Puesta del Sol
- **Middle:** Eagle Ridge
- **High:** Rio Rancho High School

## Property Highlights

- 1.00 acre lot

## Description

### Agent 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

- **Address:** 1002 SW 38 Street, Rio Rancho, NM 87124
- **County:** Sandoval
- **Coordinates:** 35.2408482, -106.661634
- **Google Maps:** https://www.google.com/maps?q=35.2408482,-106.661634

## Listing Agent

- **Name:** Ken R. Martinez
- **Brokerage:** Keller Williams Realty
- **Phone:** 5056707622
- **Email:** ken.martinez@k2mrealtygroup.com

## Primary Photo

![1002 SW 38 Street - Primary Photo](http://lh.rdcpix.com/720281e807127f4b9c4c3be32d79d217l-f944492523r.jpg)

*11 total photos available on [listing page](https://www.propertysimple.com/listing/1002-sw-38-street-rio-rancho-nm-87124-02602274)*

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**MLS#:** 202602274 | **Updated:** 2026-06-19
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/1002-sw-38-street-rio-rancho-nm-87124-02602274)

---

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