Land in Growing Rio
For Sale
Contact for pricing
117 Hondo U8 B42 L34 Road NW, Rio Rancho, NM 87124
LAND - Rio Rancho, NM
Property SizeContact for details
Lot Size1.00 Acre
Days on Market491
Property Features for 117 Hondo U8 B42 L34 Road NW
General Information
Property type
Land
Property subtype
Other
Zoning description
R-1
Subdivision
Rio Rancho Estates
Lot features
Views
Elementary school
Puesta Del Sol
Middle school
Eagle Ridge
High school
Rio Rancho
Directions
From Southern Blvd SW and Rainbow Blvd SE go north on Rainbow to 2nd Ave NW, about 1.4 miles. Then left or west on 2nd about 6/10ths mile to T, which is Hondo Rd NW. Lots to the west and NW of the T. 117 Hondo Rd (U8 B42 L34) North lot Lat/Long: 35.261198, -106.749830; 113 Hondo Rd (U8 B42 L35) South lot Lat/Long: 35.260829, -106.749503
Standard status
Active
APN
1008070358010
Lot size
1.00 Acre
Taxes and HOA fees
Tax Description
Unit 8 Block 42 Lot 34 Rio Rancho Estates
Tax Annual Amount
85
Legal Description
Unit 8 Block 42 Lot 34 Rio Rancho Estates
Listing Agency:
Granfors Realty,LLC
(505) 821-1309
Listed By:
Stephanie L Granfors · License #11540
(505) 821-1309
Added: Apr 10, 2025
Changed: May 5
Last Checked: Aug 13 at 12:06PM
MLS# 1082172
Copyright © 2026 Southwest MLS. 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.
Two adjacent lots are available for purchase together in Unit 8 of Rio Rancho. Alternatively, each lot can be purchased separately. The location provides convenient access to the town. Rio Rancho is recognized as one of New Mexico's rapidly expanding and flourishing communities. Rainbow Boulevard has undergone recent reconstruction and upgrades. Increased density and new residential construction are occurring just to the south of the property. The land may be suitable for future building or investment purposes. The combined lot size is approximately 1 acre.
Key Highlights
- Two adjacent lots offered together for $20,000.
- Option to purchase a single lot for $10,000.
- Located in Rio Rancho's Unit 8, a rapidly growing community.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
26
Businesses Nearby
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?
Land - Two adjacent lots in a rapidly developing area.
Where is this land located?
The property is located at 117 Hondo U8 B42 L34 Road NW Rio Rancho, NM.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Two adjacent lots offered together for $20,000.; Option to purchase a single lot for $10,000.; Located in Rio Rancho's Unit 8, a rapidly growing community.
