Under Contract Taking Backup Offers. Brand new paved road runs just to the west of these 1/2 acre lots in Rio Rancho. Beautiful views of the Sandias to the east and views of the mesa and volcanos in the far distance to the west. A new Subdivision, Rainbow Canyon, is just a few blocks away and you're not but a few miles to Unser and shopping. This land is fairly flat for your dream home to be built. City water is 1400 ft away. Own your piece of New Mexico today. This listing is for 2 lots, 1/2 acre each. They can be purchased together for $40,000 or separate for $20,000 each. Pricing is firm.
- NM
- Rio Rancho
- 87124
- 100 & 102 Rainbow Boulevard SE
- MLS# 1057954
- Date Listed02/27/2024
- Bedrooms -
- Bathrooms
- Lot Size 1 acres (43,560 sq. ft)
- Sewer None
- Subdivision Rio Rancho Estates
- Property Type
- County Sandoval
- Water None
Exterior / Lot Features
- Roof -
- Lot Size Acres 1.00
- Lot Size SQFT 43,560.00
- Lot Features Cleared, Split Possible, Views, Acreage
Directions
From Idalia and Unser, take Idalia west to Rainbow, go north on Rainbow, land is on the right hand side at 1st Street.
Financial Considerations
- Tax Amount $413
- 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
Ventana Ranch Elementary School
Public • PK - 5 • Serves this home
5.66 mi
Distance
Public • 6 - 8 • Serves this home
3.8 mi
Distance
Public • 9 - 12 • Serves this home
5.43 mi
Distance
Ventana Ranch Elementary School
Public • PK - 5 • Serves this home
5.66 mi
Distance
Public • PK - 4
7.09 mi
Distance
Public • PK - 5
7.64 mi
Distance
Public • 6 - 8 • Serves this home
3.8 mi
Distance
Public • 6 - 8
4.8 mi
Distance
Public • 6 - 8
6.77 mi
Distance
Public • 6 - 12
7.24 mi
Distance
Public • 9 - 12 • Serves this home
5.43 mi
Distance
Public • 9 - 12
6.45 mi
Distance
Public • 9 - 12
7.77 mi
Distance
Private • PK - 12
2.7 mi
Distance
Private • KG - 12
6.77 mi
Distance
Sales & Tax History
Source: Public Records
| Date | Event | Price |
|---|---|---|
| 03/02/2024 | Pending | $40,000.00 |
| 02/29/2024 | Active | $40,000.00 |
| 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 |
| 462 Apache Loop SW | Listing | 2 | 1 | Oct 27, 2026 | $239,000 | Feb 23, 2024 | $253,806 |
| 484 APACHE Loop SW | Listing | 2 | 2 | Sep 28, 2026 | $220,000 | Feb 23, 2024 | $236,072 |
| 113 Marigold Drive SW | 2 | 1 | Oct 21, 2026 | $165,000 | Nov 01, 2026 | - |
| 517 2nd Street NE | Listing | 4 | 3 | Oct 21, 2026 | $464,900 | Nov 01, 2026 | - |
| 33 2nd Street NE | Listing | 3 | 2 | Oct 21, 2026 | $347,000 | Feb 23, 2024 | $337,147 |
| 222 Saffin Drive SE | 2 | 2 | Oct 21, 2026 | $261,000 | Nov 01, 2026 | - |
| 509 3RD Street NE | 3 | 2 | Sep 16, 2026 | $412,000 | Nov 01, 2026 | - |
| 246 Spectrum Avenue SW | 3 | 2 | Oct 21, 2026 | $379,740 | Nov 01, 2026 | - |
| 10 Northern Boulevard NE | 2 | 2 | Oct 21, 2026 | $297,305 | Nov 01, 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" |
5/100
Car-Dependent
Walk Score ®
0/100
Minimal Transit
Transit Score ®
23/100
Bikable
Bike Score ®
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 100 & 102 Rainbow Boulevard SE, Rio Rancho, NM 87124
0.88 mi
Distance
0.96 mi
Distance
0.97 mi
Distance
0.98 mi
Distance
1.54 mi
Distance
1.97 mi
Distance
1.22 mi
Distance
1.44 mi
Distance
1 mi
Distance
2.26 mi
Distance
2.26 mi
Distance
2.27 mi
Distance
2.26 mi
Distance
2.27 mi
Distance
2.22 mi
Distance
2.26 mi
Distance
0.32 mi
Distance
0.36 mi
Distance
1.3 mi
Distance
1.65 mi
Distance
1.99 mi
Distance
2.05 mi
Distance
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Frequently Asked Questions for 100 & 102 Rainbow Boulevard SE
Source: Realty.com
100 & 102 Rainbow Boulevard SE, Rio Rancho, NM 87124 in Rio Rancho Estates, Rio Rancho, NM 87124 is a land listed at $40,000. Highlights include 1.00 acre lot. Realty.com has 8 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 8 photos of 100 & 102 Rainbow Boulevard SE.
The full address for this home is 100 & 102 Rainbow Boulevard SE, Rio Rancho, NM 87124.
100 & 102 Rainbow Boulevard SE has been listed on Realty.com since Tue February 27, 2024
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 100 & 102 Rainbow Boulevard SE. Ventana Ranch Elementary School (Grades: PK - 5), Lincoln Middle School (Grades: 6 - 8), Rio Rancho High School (Grades: 9 - 12)
Listing provided courtesy of:
Coldwell Banker Legacy
(tel: 505-892-1000)
Listing agent:
Jenifer Cameron
(#harrellj)
This content last refreshed on 2026-11-01 10:14:59. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.