BUILD YOUR DREAM HOME ON THIS GATED HALF-ACRE LOT! Rare opportunity to create a custom home in Rio Rancho with a valuable head start already in place. The property includes a completed garage with potential for a casita/additional living space, subject to buyer verification and permitting, gated entry, architectural blueprints for the proposed home, designer bathroom tile, and matching exterior stone and fireplace materials. Electricity and natural gas are available at the easement; private well and septic will be required, subject to applicable approvals. The seller began the construction project but ultimately had to step away. No additional construction work is included in the sale, but the existing plans and materials convey with the property for a buyer who wants to continue the vision--or create something entirely their own. An exceptional opportunity for a buyer looking for land, privacy, and a head start on a custom home.
Single-familyProperty Type
2026Year Built
0.5 acresLot Size
$121Price/Sq.Ft.
2 car garageParking
Listed by Jonathan Tenorio• Keller Williams Realty
Tampico, located between NM-528 (Pat D’Arco Highway) and Northern Boulevard NE, is a residential and suburban Rio Rancho neighborhood with wide desert skies and a quiet, gridded street layout. The neighborhood’s character concentrates around the NM-528 corridor near Northern Blvd NE, where local eateries, small services, and everyday errands cluster in a low-slung commercial strip. Nearby, Rio Rancho Events Center anchors the calendar with concerts and arena nights. The Rio Rancho Aquatic Center adds a community-focused indoor recreation hub. Housing reads as Southwestern-influenced stucco and contemporary builds, set against open views toward the Sandias. Petroglyph National Monument’s trails and volcanic landscape sit close by for weekend walks.
Provided by Walk Score and Local Logic
Market insights
6429 Matamoros Rd NE · $210,000
DAYS ON MARKET
116 days
The average home goes pending in 60 days.
SALE-TO-LIST
98.4%
Most homes are selling 2% below list price.
LIST PRICE
$250,000
Median list price in this area is $399,693. (60% higher than this home)
PRICE DROP
4 price drops
31% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Interior features
Sliding windows
Main level primary bedroom
Custom fireplace
Bedrooms
Main level bedroom(s)
Bathrooms
2 full bathrooms
Kitchen
Dishwasher
Free-standing gas range
Microwave
Refrigerator
Laundry & utility
Washer
Dryer
Flooring
Carpet-free flooring
Exterior features
Private yard
Lot approximately 0.5 acre
R-1 zoning
Faces east
Home design
Single-story home
New construction / to be built
Proposed development
Pitched roof
Custom builder
Parking
Detached garage
2 garage spaces
Construction
New construction
Pitched roof
Electricity and solar
View estimated energy costs and solar savings for this home