About This Home

This land at 408 Rainbow Boulevard SE in Rio Rancho, NM is listed for $70,000 (0.50 acres).

Key Features

  • 0.50 acre lot
Listing 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

408 Rainbow Boulevard SE

Rio Rancho, NM 87124

Rio Rancho Estates

Questions & Answers

This 0-bedroom, 0-bathroom land at 408 Rainbow Boulevard SE is listed at $70,000. The estimated monthly payment is $374 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.50 acre lot.

This property is listed by Rose M Varona.

RV

Rose M Varona

License 17735

Agent at Realty One of New Mexico

Listed by Realty One of New Mexico · Broker phone: (505) 883-9400 · View on Broker Site · Broker website

MLS# 1103863· Source: Southwest MLS· 171 days on PropertySimple

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.

408 Rainbow Boulevard SE, Rio Rancho, NM 87124

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