Build your next home on this spacious half-acre lot with city water, natural gas, and electricity available nearby. Manufactured homes are allowed, offering flexibility while still being surrounded by established and newer custom homes in a growing area. A great opportunity to secure land for a future homesite or long-term investment in Rio Rancho.
- NM
- Rio Rancho
- 87124
- 641 1st Street NE
- MLS# 1112792
- Date Listed10/16/2026
- Days on Realty 7 Days
- Bedrooms -
- Bathrooms
- Lot Size 0.5 acres (21,780 sq. ft)
- Sewer None
- Subdivision Rio Rancho Estates
- Property Type
- County Sandoval
- Water Public
Exterior / Lot Features
- Roof -
- Lot Size Acres 0.50
- Lot Size SQFT 21,780.00
- Lot Features Views
Directions
From Rainbow Blvd. NE, turn on 9th Ave. NE. Then, turn on 1st St NE.
Financial Considerations
- Tax Amount $487
- 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
6.48 mi
Distance
Public • 6 - 8 • Serves this home
3.84 mi
Distance
Public • 9 - 12 • Serves this home
5.43 mi
Distance
Public • PK - 4 • Serves this home
6.48 mi
Distance
Ventana Ranch Elementary School
Public • PK - 5
7.02 mi
Distance
Public • 6 - 8 • Serves this home
3.84 mi
Distance
Public • 6 - 8
4.52 mi
Distance
Public • 6 - 12
7.6 mi
Distance
Public • 9 - 12 • Serves this home
5.43 mi
Distance
Public • 9 - 12
6.85 mi
Distance
Public • 9 - 12
8.6 mi
Distance
Private • PK - 12
3.64 mi
Distance
Sales & Tax History
Source: Public Records
| Street Address | Beds | Baths | Sold Date | List Price | Valuation Date | Valuation Price |
|---|---|---|---|---|---|---|
| 320 Alda Road SE | Listing | 3 | 2 | Oct 21, 2026 | $152,000 | Feb 23, 2024 | $238,694 |
| 484 APACHE Loop SW | Listing | 2 | 2 | Sep 28, 2026 | $220,000 | Feb 23, 2024 | $236,072 |
| 1740 Lee Loop NE | Listing | 2 | 1 | Oct 21, 2026 | $215,000 | Jan 24, 2024 | $303,237 |
| 517 2nd Street NE | Listing | 4 | 3 | Oct 21, 2026 | $464,900 | Oct 23, 2026 | - |
| 33 2nd Street NE | Listing | 3 | 2 | Oct 21, 2026 | $347,000 | Feb 23, 2024 | $337,147 |
| 1523 White Pine Drive NE | 4 | 3 | Oct 21, 2026 | $379,900 | Oct 23, 2026 | - |
| 509 3RD Street NE | 3 | 2 | Sep 16, 2026 | $412,000 | Oct 23, 2026 | - |
| 246 Spectrum Avenue SW | 3 | 2 | Oct 21, 2026 | $379,740 | Oct 23, 2026 | - |
| 400 Albor Circle NE | 4 | 3 | Oct 21, 2026 | $749,000 | Oct 23, 2026 | - |
| 10 Northern Boulevard NE | 2 | 2 | Oct 21, 2026 | $297,305 | Oct 23, 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 641 1st Street NE, Rio Rancho, NM 87124
1.7 mi
Distance
1.78 mi
Distance
1.87 mi
Distance
1.88 mi
Distance
1.88 mi
Distance
1.99 mi
Distance
2.11 mi
Distance
1.95 mi
Distance
2.17 mi
Distance
2.23 mi
Distance
2.18 mi
Distance
2.22 mi
Distance
2.23 mi
Distance
1.05 mi
Distance
1.22 mi
Distance
1.26 mi
Distance
1.91 mi
Distance
1.93 mi
Distance
2.13 mi
Distance
2.14 mi
Distance
2.19 mi
Distance
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Frequently Asked Questions for 641 1st Street NE
Source: Realty.com
641 1st Street NE, Rio Rancho, NM 87124 in Rio Rancho Estates, Rio Rancho, NM 87124 is a land listed at $80,000. Highlights include 0.50 acre lot. Realty.com has 11 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 11 photos of 641 1st Street NE.
The full address for this home is 641 1st Street NE, Rio Rancho, NM 87124.
641 1st Street NE has been listed on Realty.com since Fri October 16, 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 641 1st Street NE. Shining Stars Preschool (Grades: PK - 4), Lincoln Middle School (Grades: 6 - 8), Rio Rancho High School (Grades: 9 - 12)
Listing provided courtesy of:
Double Eagle Real Estate
(tel: 505-883-1414)
Listing agent:
Gabriel Vargas
(#vargasg)
This content last refreshed on 2026-10-23 15:24:05. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.