Discover the potential of this exceptional half-acre lot, ideally situated in a rapidly growing and highly desirable area. Whether you're ready to build your dream home or invest in a promising piece of New Mexico land, this property offers the perfect opportunity.Enjoy the convenience of easy access from a paved road while being just minutes from shopping, dining, and entertainment. The surrounding area continues to develop, making this an excellent choice for both homeowners and investors alike.The seller also owns the adjacent lot at 618 Rainbow Blvd NE and is open to selling the properties individually or together--offering even greater flexibility and potential.Don't miss your chance to secure a beautiful slice of New Mexico with endless possibilities.
- NM
- Rio Rancho
- 87124
- 612 Rainbow Boulevard NE
- MLS# 1102151
- Date Listed04/17/2026
- Days on Realty 86 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 Cleared, Acreage
Directions
Take Southern Blvd in Rio Rancho all the way down to Rainbow Blvd and take a right go up Rainbow about a mile and the land lot is on the right hand side directly across the street from the 7th ave and Rainbow street sign. Use listing address and the GPS map will take you directly to location. Broker has signs posted on land location.
Financial Considerations
- Tax Amount $258
- 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
Public • PK - 4 • Serves this home
6.59 mi
Distance
Public • 6 - 8 • Serves this home
3.9 mi
Distance
Public • 9 - 12 • Serves this home
5.51 mi
Distance
Public • PK - 4 • Serves this home
6.59 mi
Distance
Ventana Ranch Elementary School
Public • PK - 5
6.94 mi
Distance
Public • 6 - 8 • Serves this home
3.9 mi
Distance
Public • 6 - 8
4.62 mi
Distance
Public • 6 - 12
7.65 mi
Distance
Public • 9 - 12 • Serves this home
5.51 mi
Distance
Public • 9 - 12
6.9 mi
Distance
Public • 9 - 12
8.61 mi
Distance
Private • PK - 12
3.63 mi
Distance
Sales & Tax History
Source: Public Records
| Street Address | Beds | Baths | Sold Date | List Price | Valuation Date | Valuation Price |
|---|---|---|---|---|---|---|
| 2007 SUTTLE Court NE | Listing | 3 | 2 | Jun 11, 2026 | $220,000 | Feb 23, 2024 | $234,906 |
| 1908 KIWI Court NE | Listing | 3 | 3 | May 22, 2026 | $255,000 | Feb 23, 2024 | $293,382 |
| 623 Baltic Avenue SE | Listing | 3 | 2 | May 22, 2026 | $285,000 | Feb 15, 2023 | $246,200 |
| 896 Sunflower Drive SW | Listing | 2 | 1 | May 28, 2026 | $250,000 | Feb 23, 2024 | $281,801 |
| 1869 PEACH Road NE | Listing | 2 | 1 | Jun 13, 2026 | $234,900 | Feb 23, 2024 | $244,263 |
| 908 Huron Road SE | 5 | 4 | Jun 15, 2026 | $1,650,000 | Jul 12, 2026 | - |
| 801 NYASA Road SE | 4 | 2 | May 22, 2026 | $309,000 | Jul 12, 2026 | - |
| 625 IVORY Road SE | 3 | 2 | Jun 26, 2026 | $325,000 | Jul 12, 2026 | - |
| 1613 QUESTA Road NE | 3 | 3 | Jun 14, 2026 | $310,000 | Jul 12, 2026 | - |
| 128 PRISM Avenue SW | 4 | 2 | May 20, 2026 | $345,000 | Jul 12, 2026 | - |
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
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 58,144 | 103,455 | 152,624 | 335,858,263 |
| Population Density | 783 | 1,004 | 41 | 95 |
| People per Household | 2.7 | 2.8 | 2.8 | 2.6 |
| Median Age | 38.8 | 37.9 | 39.6 | 39.1 |
| Median Income | $61,652 | $66,982 | $64,762 | $66,222 |
| Average Income | $28,508 | $29,279 | $29,188 | $35,475 |
| Cost of Living Index | 102 | 104 | 105 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | 19.7°F | 19.7°F | 19.7°F | 22.6°F |
| July Avg. High Temp | 90°F | 90°F | 90°F | 86.2°F |
| Annual Precipitation | 9.28" | 9.28" | 9.28" | 38" |
1/100
Car-Dependent
Walk Score ®
0/100
Minimal Transit
Transit Score ®
25/100
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: 5/100, Transit Score: 0/100, Bike Score: 23/100.
Property Change History
Points of Interest near 612 Rainbow Boulevard NE, Rio Rancho, NM 87124
1.68 mi
Distance
1.73 mi
Distance
1.83 mi
Distance
1.83 mi
Distance
1.9 mi
Distance
2.22 mi
Distance
2.3 mi
Distance
2.31 mi
Distance
2.26 mi
Distance
2.3 mi
Distance
2.31 mi
Distance
1.98 mi
Distance
2.07 mi
Distance
2.3 mi
Distance
2.31 mi
Distance
0.99 mi
Distance
1.15 mi
Distance
1.97 mi
Distance
1.98 mi
Distance
2.2 mi
Distance
2.21 mi
Distance
2.27 mi
Distance
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Frequently Asked Questions for 612 Rainbow Boulevard NE
Source: Realty.com
612 Rainbow Boulevard NE, Rio Rancho, NM 87124 in Rio Rancho Estates, Rio Rancho, NM 87124 is a land listed at $65,000. 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 612 Rainbow Boulevard NE.
The full address for this home is 612 Rainbow Boulevard NE, Rio Rancho, NM 87124.
612 Rainbow Boulevard NE has been listed on Realty.com since Fri April 17, 2026
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: 5/100, Transit Score: 0/100, Bike Score: 23/100.
There are 3 schools assigned to this home. Check out the schools near 612 Rainbow Boulevard NE. Shining Stars Preschool (Grades: PK - 4), Lincoln Middle School (Grades: 6 - 8), Rio Rancho High School (Grades: 9 - 12)
Listing provided courtesy of:
Coldwell Banker Legacy
(tel: 505-292-8900)
Listing agent:
Amber Rosado
(#amberos)
This content last refreshed on 2026-07-12 00:18:32. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.