This home's estimate is 73.1% lower than the average sale price ($227K) of 6 comparable homes.
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637 1st St NE, Rio Rancho, NM 87124
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About this home
Build your next home on this spacious half-acre lot with city water, natural gas, and electricity available nearby. Manufactured homes are allowed, offering flexibility while still being surrounded by established and newer custom homes in a growing area. A great opportunity to secure land for a future homesite or long-term investment in Rio Rancho.
Redfin Estimate
Market trends in 87124, NM
Last updated October 2026
Buyer's Market
Seller's Market
Balanced market
- NEW 20 MINS AGO
2205 Cortina Loop SE, Rio Rancho, NM 87124 - NEW 55 MINS AGO
725 Palo Alto Dr NE, Rio Rancho, NM 87144 See all
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Sale and tax history for 637 1st St 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: Level
- Current Use: Mobile Home, Residential, Single Family
- Possible Use: Mobile Home, Residential
- Lot Information
- Lot Size Acres: 0.5
- Lot Dimensions Source: Public Records
- Lot Size Source: Public Records
- Lot Features: Views
- Zoning Description: R-1
- Property Information
- Has View
Financial
- Tax Information
- Annual Tax Amount: $487.44
Utilities
- Utility Information
- Utilities: Electricity Not Available, Natural Gas Available, Phone Available, Underground Utilities, Water Available, Sewer Not Available
- Water Source: Public
Location
- Multi Unit Information
- # Of Lots: 1
- Location Information
- Distance To Electric Comments: At Line
- Distance To Gas Comments: At Line
- Distance To Phone Service Comments: At Line
- Distance To Sewer Comments: None
- Distance To Water Comments: In Street
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: —
- Style: Vacant Land
- Year Built: —
- Year Renovated: —
- County: Sandoval County
- APN: 1009070270321
Around this home
Schools
Public K-5 • Assigned • 2.1mi
Public 6-8 • Assigned • 3.1mi
Public 9-12 • Assigned • 3.8mi
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
2% chance of being in a wildfire in next 30 years
7 days above 94° expected this year, 19 days in 30 years
Minimal risk of severe winds over next 30 years
0 unhealthy days expected this year, 0 days in 30 years
Sun exposure
Exceptional sunlight
SunscoreThis home receives average direct sun exposure in Rio Rancho. There 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 87124
Home values near 637 1st St NE
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | - Sq. Ft. | — |
- Beds | - Baths | - Sq. Ft. | $36,784 |
3 Beds | 2.5 Baths | 1739 Sq. Ft. | $365,487 |
- Beds | - Baths | - Sq. Ft. | $42,810 |
- Beds | - Baths | - Sq. Ft. | — |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1664 Sq. Ft. | $314,698 |
3 Beds | 2.5 Baths | 2374 Sq. Ft. | $562,577 |
- Beds | - Baths | - Sq. Ft. | $484,922 |
4 Beds | 3 Baths | 2435 Sq. Ft. | $464,016 |
- Beds | - Baths | - Sq. Ft. | $34,688 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1.5 Baths | 1339 Sq. Ft. | $285,950 |
3 Beds | 2 Baths | 1659 Sq. Ft. | $369,103 |
4 Beds | 2.5 Baths | 2096 Sq. Ft. | $500,667 |
- Beds | - Baths | - Sq. Ft. | $55,603 |
- Beds | - Baths | - Sq. Ft. | $40,883 |
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