$17,500
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5307 Nambe Road Ne, Rio Rancho, NM 87124

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Motivated seller offering owner financing on one of two available lots with excellent future potential. Manufactured homes are allowed, and electric and natural gas are available at the property line, helping simplify your path to development. There is also potential to develop both lots with a shared well, adding flexibility for builders, investors, or those planning a custom setup. A great opportunity to secure land with favorable terms and multiple possibilities.

Listing By: Gabriel Jerome Vargas - Double Eagle Real Estate nmswmls Realty.com
  • MLS# 1085779
  • Date Listed06/05/2025
  • Days on Realty 403 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 0.5 acres (21,780 sq. ft)
  • Sewer None
  • Subdivision RIO RANCHO ESTATES
  • Property Type
  • County Sandoval
  • Water None

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 0.50
  • Lot Size SQFT 21,780.00
  • Lot Features Views, Acreage, Gentle Sloping, Stream Creek

Directions

From Highway 550 head south on Chayote, right on Kennard and right on Nambe.

Financial Considerations

  • Tax Amount $58
  • Terms Cash, Conventional, FHA, VA Loan

Schools near 87124

Explore the local neighborhood highlights and top-rated schools near 87124 in Rio Rancho, NM.

Nearby Schools

Source: School Digger

Sandia Vista Elementary School

Public • PK - 5 • Serves this home

4.16 mi

Distance

Shining Stars Preschool

Public • PK - 4

5.79 mi

Distance

Mountain View Middle School

Public • 6 - 8 • Serves this home

4.39 mi

Distance

V Sue Cleveland High School

Public • 9 - 12 • Serves this home

3.56 mi

Distance

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for 87124

Discover key demographics, population statistics, and environmental insights for the Rio Rancho, NM area.

Population & Environment

Source: Sperling's Best Places

Walkability in NM / 87124

Source: Walk Score

0/100

Car-Dependent

Walk Score ®

0/100

Minimal Transit

Transit Score ®

17/100

Bikable

Bike Score ®

Overview

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 1/100, Transit Score: 0/100, Bike Score: 20/100.

Property Change History

Property Lot Features updated
Sloped, Views, Gentle Sloping → Views, Acreage, Gentle Sloping, Stream Creek
Property description updated with new details
List Price decreased from $18,950 to $17,500
Property description updated with new details
List Price decreased from $19,000 to $18,950
Property description updated with new details
List Price decreased from $20,000 to $19,000
Agent added 5 new photos to the listing
1 → 6 photos
Agent added 1 new photo to the listing
0 → 1 photos

Points of Interest near 5307 Nambe Road NE, Rio Rancho, NM 87124

Frequently Asked Questions for 5307 Nambe Road NE

Source: Realty.com

5307 Nambe Road NE, Rio Rancho, NM 87124 in RIO RANCHO ESTATES, Rio Rancho, NM 87124 is a land listed at $17,500. Highlights include 0.50 acre lot. Realty.com has 6 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 6 photos of 5307 Nambe Road NE.

The full address for this home is 5307 Nambe Road NE, Rio Rancho, NM 87124.

5307 Nambe Road NE has been listed on Realty.com since Thu June 05, 2025

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 1/100, Transit Score: 0/100, Bike Score: 20/100.

There are 3 schools assigned to this home. Check out the schools near 5307 Nambe Road NE. Sandia Vista Elementary School (Grades: PK - 5), Mountain View Middle School (Grades: 6 - 8), V Sue Cleveland High School (Grades: 9 - 12)

Listing provided courtesy of: Double Eagle Real Estate (tel: 505-883-1414)
Listing agent: Gabriel Vargas (tel: 505-417-2245) (#vargasg)

This content last refreshed on 2026-07-13 18:47:57. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.