Discover the perfect opportunity to build your dream home on this spacious, mostly level lot in the heart of Rio Rancho. Enjoy the peace of suburban living while being just minutes away from city amenities, including shopping, dining, and schools. With easy access to major roads and utilities nearby, this lot offers both convenience and potential. Whether you're looking to build now or invest for the future, this property is a rare find in a growing area. Don't miss out on your chance to own in Rio Rancho--your dream home starts here!
Property Details
Property Features
Listing Office:
Office Name: Oso Elite Realty
Office Phone: (505) 477-0400
Listing Agent: Shane Joseph Vaughn
Lot Features
Lot Information:
Lot Size: 1.00 Acres
Other
Directions Information:
Directions: From I-25 and I-40 you go North on I-25 use the right 2 lanes to exit 242 for NM-165 E/Placitas toward US550 W/Bernallio, Stay on 550 N. Turn left on NM -347 S/Paseo Del Volcan NE, turn, Turn left onto IRIS RD NM, Take first exit onto Idalia Rd, Turn left onto Kim Rd NE, Turn Right onto Teak RD
Price Information
Listing Price Info
Price Summary:
List Price: $85,000
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Housing Market Comparison
See how this home compares to others in Rio Rancho, NM.
This property is $271.9K less than the Median Sold Price in Rio Rancho, NM.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: SWMLS
MLS Number: #1071762
Listing Office:
Office Name: Oso Elite Realty
Office Phone: (505) 477-0400
Listing Agent: Shane Joseph Vaughn
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Enchanted Hills Elementary School
5400 Obregon Rd NE
Distance between this listing and this school1.58 miles
Public District Grades KG-5
6
/10
Ernest Stapleton Elementary School
3100 Stapleton Ave NE
Distance between this listing and this school1.69 miles
Public District Grades KG-5
6
/10
Rio Rancho Elementary School
4601 Pepe Ortiz Rd SE
Distance between this listing and this school2.63 miles
Public District Grades KG-5
Nearby Schools
9
/10
Rio Rancho Middle School
1600 Loma Colorado Blvd NE
Distance between this listing and this school0.39 miles
Public District Grades 6-8
6
/10
Eagle Ridge Middle School
800 Fruta Rd NE
Distance between this listing and this school1.97 miles
Public District Grades 6-8
6
/10
Lincoln Middle School
2287 Lema Rd SE
Distance between this listing and this school2.84 miles
Public District Grades 6-8
Nearby Schools
2
/10
Independence High School
421 Quantum Rd NE
Distance between this listing and this school1.77 miles
Public District Grades 9-12
8
/10
Rio Rancho High School
301 Loma Colorado Blvd NE
Distance between this listing and this school1.81 miles
Public District Grades 9-12
7
/10
Cleveland High School
4800 Cleveland Heights Rd NE
Distance between this listing and this school1.88 miles
The neighbors living near this home have an average income of $83,750. Residents of Rio Rancho, NM typically earn between $35k-100k each year. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1720 Palm Rd NE
What is the listing price of this property?
The listing price of 1720 Palm Rd NE property is $85,000.
What type of property is this?
The property 1720 Palm Rd NE is land located in Rio Rancho, New Mexico, 87144.
Is this property for sale now?
Active Listing: 1720 Palm Rd NE is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 1720 Palm Rd NE in Rio Rancho, NM and zip code 87144 in the Chamiza Estates neighborhood. This home sits on a 1.00 acre lot. It has been listed on Rocket Homes since October 03, 2024 and is currently priced at $85,000.
In November 2024 more than 19 listings in Rio Rancho, NM were sold above the asking price. During the same period more than 50 listings were sold at asking price, while more than 58 were sold below. The number of homes for sale in Rio Rancho, NM decreased by 16.4% between October 2024 and November 2024. In November 2024 median list price was $356,947 and the average listing age was 40 days.
From Rocket Homes Real Estate and based on county public records data.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. 
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