Spacious Lot in Rio
For Sale
$35,000
1002 SW 38 Street, Rio Rancho, NM 87124
LAND - Rio Rancho, NM
Property SizeContact for details
Lot Size1.00 Acre
Days on Market78
Property Features for 1002 SW 38 Street
General Information
Property type
Land
Property subtype
Other
Elementary school
Puesta del Sol
Middle school
Eagle Ridge
High school
Rio Rancho High School
Directions
from Bernalillo, head toward E Avenida Bernalillo, Use the left 2 lanes to turn left onto US-550 N, Use left 2 lanes to turn left onto NM-528 S turn right onto southern Blvd SE, your destination will be on the right.
Standard status
Active
APN
1005068094346
Lot size
1.00 Acre
Taxes and HOA fees
Tax Description
Subd: RIO RANCHO ESTATES Block: 9 Lot: 1 Unit: 5
Legal Description
Subd: RIO RANCHO ESTATES Block: 9 Lot: 1 Unit: 5
Utilities
Water source
Public
Listing Agency:
Keller Williams Realty
(505) 375-2062
Listed By:
Ken R. Martinez · License #52459
(505) 670-7622
Added: May 27
Changed: May 28
Last Checked: Aug 12 at 12:06AM
MLS# 202602274
Copyright © 2026 Santa Fe Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This one-acre lot is located in Rio Rancho, New Mexico. Situated on 38th St SW, the property offers views and space for a desert retreat. It is near shopping, dining, schools, and everyday amenities. With access to major roads, this lot presents an opportunity for future development or long-term investment. The property is located in an area that continues to grow and thrive, offering potential for building a dream home or investment property.
Key Highlights
- Spacious lot ideal for building a dream home or investment property.
- Located in the growing community of Rio Rancho.
- Conveniently located near shopping, dining, schools, and everyday amenities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
Explore this area
Business Placement
Demographics for 87124, NM
59,781
Population
23,027
Households
2.6
Avg Household Size
40
Median Age
33%
College-Educated
94%
High-School Grad
77.9 sq mi
ZIP Area
767
Density / Sq Mi
$82,278
Median Household Income
$43,353
Median Earnings
$1,380
Median Rent
$262,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - One-acre lot for dream home or investment in Rio Rancho.
Where is this residential land & home lot located?
The property is located at 1002 SW 38 Street Rio Rancho, NM.
What is the asking price?
The asking price for this property is $35,000.
What are key features of this property?
This property features: Spacious lot ideal for building a dream home or investment property.; Located in the growing community of Rio Rancho.; Conveniently located near shopping, dining, schools, and everyday amenities.
