Welcome to comfort, style, and worry-free living! This beautifully kept Rio Rancho home offers a bright, open floor plan that's ideal for both everyday living and hosting guests. Fresh new recessed lighting enhances the warm, spacious living area, which flows seamlessly into the dining space and kitchen for an easy, inviting layout. Step outside to a generous backyard with endless potential for outdoor entertaining, gardening, or creating your own private getaway. With great curb appeal and a 2-car garage, this home blends practicality with charm. Don't miss your chance -- schedule your showing today and see why this Rio Rancho gem stands out!
For sale
Price cut: $2K (9/29)
$284,500
1397 Lil Ave NE, Rio Rancho, NM 87144
3beds
1,093sqft
Est.:
Single Family Residence
Built in 1989
5,227.2 Square Feet Lot
$279,700 Zestimate®
$260/sqft
$-- HOA
What's special
Great curb appealBright open floor planGenerous backyardFresh new recessed lighting
- 189 days |
- 801 |
- 70 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: November 23, 2025 at 07:59am
Listed by:
Moses R Perez 505-307-9997,
LPT Realty 877-366-2213
Source: SWMLS,MLS#: 1086103
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Primary bedroom
- Level: Main
- Area: 143
- Dimensions: 13 x 11
Kitchen
- Level: Main
- Area: 56
- Dimensions: 7 x 8
Living room
- Level: Main
- Area: 180
- Dimensions: 15 x 12
Heating
- Central, Forced Air
Cooling
- Evaporative Cooling
Appliances
- Laundry: Electric Dryer Hookup
Features
- Main Level Primary
- Flooring: Carpet, Laminate, Tile
- Windows: Double Pane Windows, Insulated Windows
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,093
- Total interior livable area: 1,093 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Exterior features: Fence
- Fencing: Back Yard
Lot
- Size: 5,227.2 Square Feet
Details
- Parcel number: R119288
- Zoning description: R-1
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Resale
- New construction: No
- Year built: 1989
Details
- Builder name: Amrep
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & HOA
Location
- Region: Rio Rancho
Financial & listing details
- Price per square foot: $260/sqft
- Tax assessed value: $247,214
- Annual tax amount: $1,341
- Date on market: 6/16/2025
- Cumulative days on market: 189 days
- Listing terms: Cash,Conventional,FHA,Owner May Carry,VA Loan
Estimated market value
$279,700
$266,000 - $294,000
$1,780/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/29/2025 | Price change | $284,500-0.7%$260/sqft |
Source:  SWMLS #1086103 Report a problem | ||
| 8/6/2025 | Price change | $286,500-1.2%$262/sqft |
Source: SWMLS #1086103 Report a problem | ||
| 6/30/2025 | Price change | $289,900-3.3%$265/sqft |
Source: SWMLS #1086103 Report a problem | ||
| 6/18/2025 | Listed for sale | $299,900+27.6%$274/sqft |
Source: SWMLS #1086103 Report a problem | ||
| 6/2/2023 | Sold | -- |
Source: SWMLS #1033606 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,806 -0.2% | $82,405 +3% |
| 2024 | $2,811 +111.9% | $80,005 +118.1% |
| 2023 | $1,327 +1.9% | $36,691 +3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,636/mo
Principal & interest
$1368
Property taxes
$168
Home insurance
$100
Climate risks
Neighborhood: North Hills
Nearby schools
GreatSchools rating
- 2/10Colinas Del Norte Elementary SchoolGrades: K-5Distance: 1 mi
- 7/10Eagle Ridge Middle SchoolGrades: 6-8Distance: 1.7 mi
- 7/10V Sue Cleveland High SchoolGrades: 9-12Distance: 4 mi
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