About this listing

Call 505-750-1588 for more info, email us at southwestdreamland@yahoo.com, see our current inventory at southwestdreamland.com

This is a half-acre vacant lot in Rio Rancho Estates, sitting at 5,720 feet elevation on the West Mesa plateau in Sandoval County. The terrain is flat high desert with open sightlines and the Sandia Mountains visible to the east. Rio Rancho is the third most populated city in New Mexico with a 2025 projected population of 114,424, growing at a consistent annual rate. Steadily Between 2022 and 2023 alone, the city’s median household income grew from $78,978 to $85,755 — an 8.58% increase in a single year. Xome This is not speculative growth — it is documented. Annual taxes on this parcel are $121.64.

Albuquerque is approximately 15 miles south with full urban services — international airport, hospitals, and interstate access via I-25 and I-40. Santa Fe is roughly 60 miles northeast. The Rio Rancho city core — groceries, medical centers, schools, and retail — is within the city itself. Rio Rancho was named one of Fortune’s 50 Best Places to Live for Families in the U.S. in 2024, ranked #2 on Motley Fool’s Most Affordable Cities with High Salaries and Low Cost of Living in the West, and placed in Livability’s Top 25 Best Places to Live in the Southwest. Homeowners Protection Bureau This is vacant land inside a city with measurable momentum — the infrastructure and amenities are already being built around it.

This parcel falls under the CD-RRE Rio Rancho Estates Community District, which requires a minimum structure size of 1,080 square feet with minimum dimensions of 24 feet wide by 42 feet in length. Recreation.gov All dwelling units must be placed on a permanent foundation. Conchasdamnm There is no water or sewer connection on the parcel — a private well and septic system are required. Typical well depths in the Rio Rancho Estates area range from 900 to 1,150 feet. Albuquerque District Building permits are issued through the New Mexico Construction Industries Division (CID). A Zoning Compliance and Floodplain Determination Checklist must be submitted to Sandoval County Planning & Zoning prior to any permit application. Contact Sandoval County P&Z at (505) 867-7628 or P&ZMain@SandovalCountynm.gov to confirm all current requirements before purchase.

LAND USE: Residential – 

PRICE

CASH PRICE: $10,000

OR 

SELLER FINANCED: $11,000

•  $4,864 down payment, $419.76 per month at  13% interest, for 16 months. 

Payments can be set up through a 3rd party escrow company if the buyer chooses.

ADDRESS & DIRECTIONS:

Property address:  7th St NE, Rio Rancho, NM 87124

GPS Coordinates (Center of the property):  35.2599, -106.72225

35.2598, -106.7227

35.26, -106.7227

35.26, -106.7218

35.2598, -106.7218

GPS Coordinates (Corners): 

Copy and paste coordinates into google search. 

C0PY AND P@ST3 LINK BELOW FOR LOCATION:

https://maps.app.goo.gl/gPwFiK7aSh2h7DA16

HOW TO USE GOOGLE MAPS VIEW AND WALK PROPERTY LINES AND BOUNDARIES

https://youtu.be/mWmk5QLuUVI

PROPERTY INFO

• State: New Mexico
• County: Sandoval County
• Size: 0.50 Acres

        Subdivision: Rio Rancho Estates

• Yearly taxes: Estimated: $121.64
• Parcel #:  R023440
• Legal Description: S: 22 T: 12 N R: 2 E Subd: Rio Rancho Estates Block: 13 Lot: 9 Unit: 11

       Property Type: Vacant

       Elevation: 5720 ft.

Visit our website page at southwestdreamland.com to view other properties for sale. 

Call 505-750-1588 for more info, email us at southwestdreamland@yahoo.com.

OWNER/BROKER

Willing to pay 5% commission to the broker that brings a buyer.

 Do your own due diligence.