LKV Realty
Logo
$70,000
$300Reward *
408 Rainbow Boulevard SE, Rio Rancho, NM 87124Listing ID 1103863

408 Rainbow Boulevard SE, Rio Rancho, NM 87124

Active
Rio Rancho Estates
Time on site: 91 daysLast updated: Jul 22, 2026
Property Type
Property Type
Land
Property Sub Type
Property Sub Type
-
Acres
Acres
0.5
Days on Site
Days on Site
90

Beautiful Half-Acre Opportunity in a Growing Area. Adjacent Lot Also Available This .5-acre lot offers the perfect blend of space, convenience, and future potential. Located right next to Lot 2--which is also available this property gives buyers the rare chance to secure side-by-side parcels in a rapidly developing area. Custom homes are already rising nearby, adding value and showcasing the quality of the neighborhood. A paved road runs directly in front of the property, providing easy access, and utilities are close, making future development far more convenient for your buyers. Whether someone is looking to build now or invest for the future, this lot delivers location, flexibility, and long-term upside.

Property Information

Property Details

Location

Address
408 Rainbow Boulevard SE
County
Sandoval
City
Rio Rancho
Zip Code
87124
Subdivision
Rio Rancho Estates
High School
Rio Rancho
Elementary School
Rio Rancho
MLS Area
150 - Rio Rancho MiD

Property Taxes

Tax Annual Amount
$258
Realty One of New Mexico, (505) 883-9400

Market Report for 87124

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Southwest Multiple Listing Service, Inc. (SWMLS)
Southwest Multiple Listing Service, Inc. (SWMLS) logo

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-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

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