Corner Residential Development
For Sale
$87,999
1505 Viga Pl Se, Rio Rancho, NM 87124
Half-acre corner lot on a paved road with utilities in the street and water along the intersecting 15th St.
Property SizeContact for details
Lot Size0.50 Acres
Days on Market324
Property Features for 1505 Viga Pl Se
General Information
Standard status
Active
Lot size
0.50 Acres
Property subtype
Land
Site & Location
Road Access
Yes
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$547
Listing Agency:
LPT Realty
(505) 917-9615
Listed By:
Theresa M Brito · License #54377
(505) 917-9615
Source:
Exprealty
Added: Sep 25, 2025
Changed: Aug 8
Last Checked: May 26 at 3:03AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LPT Realty
Investment Insights
Based on property information with market context.
This residential corner lot offers approximately a half-acre of buildable space, with the site located nearly entirely on a paved road. Utilities are available in the street, and water is located down the street along 15th St. where the property intersects.
The seller is an established builder and can build to suit if you want a custom home. Some plans are already started for the lot, or you can bring your own ideas to create the right home for the site.
The property is positioned in an area described as the fastest growing in Rio Rancho, near Rust Hospital, eateries, shopping, a movie theatre, and a new market.
The seller is an established builder and can build to suit if you want a custom home. Some plans are already started for the lot, or you can bring your own ideas to create the right home for the site.
The property is positioned in an area described as the fastest growing in Rio Rancho, near Rust Hospital, eateries, shopping, a movie theatre, and a new market.
Key Highlights
- 1/2‑acre corner lot on a paved road, with the property listed as 99% on pavement
- Utilities are in the street, with water down the street along 15th St. at the property’s intersection
- Builder‑owner offers the option to build to suit or use plans already started for the lot
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
273
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?
Residential land & home lot - Half-acre corner lot on a paved road with utilities in the street and water along the intersecting 15th St.
Where is this residential land & home lot located?
The property is located at 1505 Viga Pl Se Rio Rancho, NM.
What is the asking price?
The asking price for this property is $87,999.
What are key features of this property?
This property features: 1/2‑acre corner lot on a paved road, with the property listed as 99% on pavement; Utilities are in the street, with water down the street along 15th St. at the property’s intersection; Builder‑owner offers the option to build to suit or use plans already started for the lot
