# 408 Rainbow Boulevard SE, Rio Rancho, NM 87124

> **TL;DR:** land, $70,000. Est. $303/mo. Listed 23 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $70,000 |
| Lot Size | 21,780 sqft (0.50 acres) |
| Property Type | Land (Other) |
| Status | For Sale |
| Days on Market | 23 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $303 |
| **Total** | **$303** |

## Nearby Schools

- **Elementary:** Rio Rancho
- **Middle:** Rio Rancho Mid High
- **High:** Rio Rancho

## Property Highlights

- 0.50 acre lot

## Description

### Agent Description
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.

## Location

- **Address:** 408 Rainbow Boulevard SE, Rio Rancho, NM 87124
- **County:** Sandoval
- **Neighborhood:** Rio Rancho Estates
- **Coordinates:** 35.250755, -106.736178
- **Google Maps:** https://www.google.com/maps?q=35.250755,-106.736178

## Listing Agent

- **Name:** Rose M Varona
- **Brokerage:** Realty One of New Mexico
- **Phone:** 5055073959
- **Email:** rosevrealtor@gmail.com

## Primary Photo

![408 Rainbow Boulevard SE - Primary Photo](http://lh.rdcpix.com/e42eaf0f9ce32d64817bb84eac985b01l-f3016136257r.jpg)

*19 total photos available on [listing page](https://www.propertysimple.com/listing/408-rainbow-boulevard-se-rio-rancho-nm-87124-1103863)*

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**MLS#:** 1103863 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 Southwest MLS. 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/408-rainbow-boulevard-se-rio-rancho-nm-87124-1103863)

---

## Structured Data

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  "name": "408 Rainbow Boulevard SE, Rio Rancho, NM 87124",
  "description": "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, an",
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  "datePosted": "2026-06-19",
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