$65,000
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618 Rainbow Boulevard Ne, Rio Rancho, NM 87124

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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 612 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.

Listing By: Amber Rosado - Coldwell Banker Legacy nmswmls Realty.com
  • MLS# 1102152
  • Date Listed04/17/2026
  • Days on Realty 81 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 Level, Cleared

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.

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

Shining Stars Preschool

Public • PK - 4 • Serves this home

6.55 mi

Distance

Ventana Ranch Elementary School

Public • PK - 5

7.14 mi

Distance

Lincoln Middle School

Public • 6 - 8 • Serves this home

3.98 mi

Distance

Eagle Ridge Middle School

Public • 6 - 8

4.64 mi

Distance

Rio Rancho Cyber Academy

Public • 6 - 12

7.74 mi

Distance

Rio Rancho High School

Public • 9 - 12 • Serves this home

5.57 mi

Distance

The Ask Academy

Public • 9 - 12

7 mi

Distance

Cibola High School

Public • 9 - 12

8.76 mi

Distance

Gospel Light Baptist Academy

Private • PK - 12

3.8 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

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

List Price decreased from $68,000 to $65,000
Agent added 6 new photos to the listing
0 → 6 photos

Points of Interest near 618 Rainbow Boulevard NE, Rio Rancho, NM 87124

Frequently Asked Questions for 618 Rainbow Boulevard NE

Source: Realty.com

618 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 618 Rainbow Boulevard NE.

The full address for this home is 618 Rainbow Boulevard NE, Rio Rancho, NM 87124.

618 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 618 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_CBLR14)

This content last refreshed on 2026-07-07 11:08:41. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.