624 Villa Road SE
Rio Rancho, NM 87124
About this property
**OWNER FINANCING AVAILABLE WITH A REAL ESTATE CONTRACT!** Take advantage of an opportunity to own a half-acre lot positioned along the edge of the rapidly expanding Los Diamantes… Show more
**OWNER FINANCING AVAILABLE WITH A REAL ESTATE CONTRACT!** Take advantage of an opportunity to own a half-acre lot positioned along the edge of the rapidly expanding Los Diamantes development in Rio Rancho. With residential and commercial growth continuing throughout this area, this property offers excellent potential for long-term investment, future development, or land banking.Located in one of Rio Rancho's active growth corridors, the lot provides convenient access to nearby shopping, medical facilities, schools, and major roadways. Its proximity to the Los Diamantes master-planned community adds to its long-term appeal as development continues to expand westward.Whether you're looking for land to hold for the future, considering a future building site, or simply want to invest in Rio Rancho's continued growth, this half-acre property offers an affordable opportunity--with owner financing available through a Real Estate Contract.
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About Rio Rancho Estates
Rio Rancho Estates is the original AMREP land subdivision that the city of Rio Rancho grew out of, platted from 1960 through the mid-1970s across roughly 90,000 acres of mesa northwest of Albuquerque. The developer sold half-acre and one-acre parcels by advertisement to buyers far from New Mexico, laying a grid of graded dirt roads well ahead of any water or utility service.
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