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$47,000
**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.

624 Villa Road SE, Rio Rancho

$89,000
AMAZING LOCATION, OVERSIZED LOT (over 1.6 ACRES), AND POWER/GAS ON STREET. Most lots in the area are only .5 acres. All custom houses in the area. Located off the newly finished Westside Blvd. Prime location being in one of the fastest growing spots in the city. Vargas road is mostly a paved road, for the short stretch that it is not, the city grates it often! Situated near Presbyterian Hospital center, Intel, Movie theater, and the new high end Market street that opened April 2025! This lot also falls in the award winning Rio Rancho school district. Only a few minutes from the new Joe Harries Elementary school. Take a drive and see all the growth happening NOW! Lot will need a well and septic. Mostly flat. Views to the mountain and open land.

1104 Vargas Road SE, Rio Rancho

Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.