This home's estimate is 91.2% lower than the average sale price ($430K) of 6 comparable homes.
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5307-5311 Nambe Rd NE, Rio Rancho, NM 87124
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About this home
Motivated seller offering owner financing on this versatile two-lot opportunity with strong future potential. Manufactured homes are allowed, and electric and natural gas are available at the property line, making development more accessible. Both parcels may be developed using a shared well, creating added flexibility for builders, investors, or those planning a custom setup. A rare chance to secure usable land with favorable terms and multiple possibilities.
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Market trends in 87144, NM
Last updated July 2026
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Sale and tax history for 5307-5311 Nambe Rd NE
- Sale History
- Tax History
As the MLS and public records start to fill up, we'll list the details here.
Public record
- Public record
- Zoning
R-1
Single-Family Residential District
This district permits a low density of population in which the primary land use is a single-family dwelling unit.Include but are not limited to:
- Religious facility
- Housing-Group
- Housing-Single unit
- Infrastructure
- Public service
- Educational/school
- Recreation
- Park & open space
Property details
Exterior
- Land Information
- Topography: Sloping
- Current Use: Mobile Home, Residential, Single Family, Unimproved
- Possible Use: Mobile Home, Residential, Unimproved
- Lot Information
- Lot Size Acres: 1
- Lot Dimensions Source: Public Records
- Lot Size Source: Public Records
- Lot Features: Views, Acreage, Gentle Sloping, Stream/Creek
- Zoning Description: R-1
- Property Information
- Has View
Financial
- Tax Information
- Annual Tax Amount: $116.56
Utilities
- Utility Information
- Utilities: Electricity Available, Natural Gas Available, Underground Utilities, Sewer Not Available, Water Not Available
Location
- Multi Unit Information
- # Of Lots: 2
- Location Information
- Distance To Electric Comments: In Street
- Distance To Gas Comments: In Street
- Distance To Phone Service Comments: None
- Distance To Sewer Comments: None
- Distance To Water Comments: None
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: —
- Style: Vacant Land
- Year Built: —
- Year Renovated: —
- County: Sandoval County
- APN: 1014075444417
Around this home
Schools
Public K-5 • Assigned • 1.3mi
Public 6-8 • Assigned • 3.3mi
Public 9-12 • Assigned • 2.4mi
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
0.00% chance of being in a wildfire in next 30 years
7 days above 95° expected this year, 18 days in 30 years
Minimal risk of severe winds over next 30 years
2 unhealthy days expected this year, 3 days in 30 years
Sun exposure
Exceptional sunlight
SunscoreThere appears to be minimal shading by surrounding buildings, terrain, and vegetation.
Sell confidently with a local market expert in Rio Rancho.
Nearby similar homes
New listings for sale in 87144
Home values near 5307-5311 Nambe Rd NE
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | - Sq. Ft. | $32,610 |
- Beds | - Baths | - Sq. Ft. | $19,510 |
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | - Sq. Ft. | $29,316 |
- Beds | - Baths | - Sq. Ft. | $25,125 |
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | - Sq. Ft. | $21,104 |
- Beds | - Baths | - Sq. Ft. | $25,480 |
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