$47,000
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624 Villa Road Se, Rio Rancho, NM 87124

**OWNER FINANCING AVAILABLE WITH A REAL ESTATE CONTRACT!** Take advantage of an opportunity to own a half-acre lot positioned along the edge of the rapidly expanding Los Diamantes development in Rio Rancho. With residential and commercial growth continuing throughout this area, this property offers excellent potential for long-term investment, future development, or land banking.Located in one of Rio Rancho's active growth corridors, the lot provides convenient access to nearby shopping, medical facilities, schools, and major roadways. Its proximity to the Los Diamantes master-planned community adds to its long-term appeal as development continues to expand westward.Whether you're looking for land to hold for the future, considering a future building site, or simply want to invest in Rio Rancho's continued growth, this half-acre property offers an affordable opportunity--with owner financing available through a Real Estate Contract.

  • MLS# 1105816
  • Date Listed06/17/2026
  • Days on Realty 125 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

Financial Considerations

  • Tax Amount $548
  • 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

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 ®

22/100

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: 13/100, Transit Score: 2/100, Bike Score: 32/100.

Property Change History

Property description updated with new details
List Price decreased from $50,000 to $47,000
Agent added 15 new photos to the listing
2 → 17 photos
Agent added 2 new photos to the listing
0 → 2 photos
Property Lot Features updated
Level, Views → Views, Acreage

Frequently Asked Questions for 624 Villa Road SE

Source: Realty.com

624 Villa Road SE, Rio Rancho, NM 87124 in Rio Rancho Estates, Rio Rancho, NM 87124 is a land listed at $47,000. Highlights include 0.50 acre lot. Realty.com has 15 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 15 photos of 624 Villa Road SE.

The full address for this home is 624 Villa Road SE, Rio Rancho, NM 87124.

624 Villa Road SE has been listed on Realty.com since Wed June 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: 13/100, Transit Score: 2/100, Bike Score: 32/100.

There are 3 schools assigned to this home. Check out the schools near 624 Villa Road SE. Ventana Ranch Elementary School (Grades: PK - 5), James Monroe Middle School (Grades: 6 - 8), Volcano Vista 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 2026-10-20 19:00:40. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.