Don't miss this move-in-ready 3-bed, 2-bath home on a spacious lot in Rio Rancho. This Territorial Spanish-style property sits on a large cul-de-sac and offers a quiet, private setting with a Sandia Mountain backdrop. The open floor plan features a chef's kitchen along with generous living and dining areas. The attached two-car garage and the oversized .66-acre lot give you plenty of room to make the space your own. Its location provides easy access to shopping, dining, schools, and recreational options, so you get comfort and convenience in one place. Opportunities like this don't come up often.Note: No warranties or guarantees are provided. Buyers should complete their own inspections.
Pending
Price cut: $20K (3/2)
$359,900
1508 Ag Pl SE, Rio Rancho, NM 87124
3beds
2,216sqft
Est.:
Single Family Residence
Built in 1972
0.66 Acres Lot
$354,500 Zestimate®
$162/sqft
$-- HOA
What's special
Sandia mountain backdropAttached two-car garageQuiet private settingTerritorial spanish-style propertySpacious lotOpen floor plan
- 129 days |
- 653 |
- 33 |
Zillow last checked: 7 hours ago
Listing updated: March 09, 2026 at 07:23am
Listed by:
Jason Lieberman 505-715-3505,
Albuquerque House Hunting 505-715-3505
Source: SWMLS,MLS#: 1094696
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Primary bedroom
- Level: Main
- Area: 180
- Dimensions: 12 x 15
Bedroom 2
- Level: Main
- Area: 99
- Dimensions: 9 x 11
Bedroom 3
- Level: Main
- Area: 238
- Dimensions: 14 x 17
Dining room
- Level: Main
- Area: 180
- Dimensions: 12 x 15
Kitchen
- Level: Main
- Area: 180
- Dimensions: 12 x 15
Living room
- Level: Main
- Area: 345
- Dimensions: 23 x 15
Heating
- Central, Forced Air
Appliances
- Laundry: Electric Dryer Hookup
Features
- Main Level Primary
- Flooring: Laminate, Tile
- Windows: Single Pane
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 2,216
- Total interior livable area: 2,216 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Door-Multi, Garage, Two Car Garage
- Attached garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio
- Fencing: Back Yard
Lot
- Size: 0.66 Acres
- Features: Cul-De-Sac
Details
- Parcel number: R117854, 0117854
- Zoning description: R-1
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Territorial
- Property subtype: Single Family Residence
Materials
- Frame, Stucco
- Roof: Flat
Condition
- Resale
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Phone Available, Water Available
Green energy
- Energy generation: None
Community & HOA
Community
- Subdivision: Rio Rancho Estates
Location
- Region: Rio Rancho
Financial & listing details
- Price per square foot: $162/sqft
- Tax assessed value: $401,157
- Annual tax amount: $4,819
- Date on market: 11/19/2025
- Cumulative days on market: 129 days
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
$354,500
$337,000 - $372,000
$2,366/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/9/2026 | Pending sale | $359,900$162/sqft |
Source:  SWMLS #1094696 Report a problem | ||
| 3/2/2026 | Price change | $359,900-5.3%$162/sqft |
Source: SWMLS #1094696 Report a problem | ||
| 1/30/2026 | Price change | $379,900-5%$171/sqft |
Source: SWMLS #1094696 Report a problem | ||
| 1/8/2026 | Price change | $399,900-3.3%$180/sqft |
Source: SWMLS #1094696 Report a problem | ||
| 12/17/2025 | Price change | $413,500-2.4%$187/sqft |
Source: SWMLS #1094696 Report a problem | ||
| 11/19/2025 | Listed for sale | $423,500+7.2%$191/sqft |
Source: SWMLS #1094696 Report a problem | ||
| 10/13/2025 | Listing removed | $2,449$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/1/2025 | Listed for rent | $2,449+74.9%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/12/2022 | Sold | -- |
Source: SWMLS #1010217 Report a problem | ||
| 3/24/2022 | Pending sale | $395,000$178/sqft |
Source: SWMLS #1010217 Report a problem | ||
| 3/8/2022 | Listed for sale | $395,000+68.1%$178/sqft |
Source: SWMLS #1010217 Report a problem | ||
| 2/28/2016 | Listing removed | $1,400$1/sqft |
Source: AQM Property Management Report a problem | ||
| 2/4/2016 | Listed for rent | $1,400$1/sqft |
Source: AQM Property Management Report a problem | ||
| 7/15/2015 | Listing removed | $235,000$106/sqft |
Source: Berkshire Hathaway Home Services New Mexico Properties #842472 Report a problem | ||
| 6/9/2015 | Listed for sale | $235,000+108.1%$106/sqft |
Source: Berkshire Hathaway Home Services New Mexico Properties #842472 Report a problem | ||
| 12/12/2014 | Listing removed | $112,900$51/sqft |
Source: Keller Williams Realty #828465 Report a problem | ||
| 12/5/2014 | Price change | $112,900-5.8%$51/sqft |
Source: Keller Williams Realty #828465 Report a problem | ||
| 11/14/2014 | Listed for sale | $119,900$54/sqft |
Source: Keller Williams Realty #828465 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,666 -0.3% | $133,719 +3% |
| 2024 | $4,679 +2.6% | $129,824 +3% |
| 2023 | $4,559 +77% | $126,043 +78.8% |
| 2022 | $2,576 +0.8% | $70,481 +3% |
| 2021 | $2,557 | $68,428 |
| 2020 | $2,557 -1.7% | $68,428 -1% |
| 2019 | $2,600 +7.4% | $69,120 +1.1% |
| 2018 | $2,420 -9.6% | $68,400 |
| 2017 | $2,677 | $68,400 |
| 2016 | $2,677 +50.4% | $68,400 +47.4% |
| 2014 | $1,779 | $46,416 -35.4% |
| 2013 | $1,779 | $71,801 -66.7% |
| 2011 | -- | $215,403 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,040/mo
Principal & interest
$1812
Property taxes
$228
More affordability tools
Climate risks
Neighborhood: Rio Rancho Estates
Nearby schools
GreatSchools rating
- 5/10Rio Rancho Elementary SchoolGrades: K-5Distance: 1.6 mi
- 7/10Rio Rancho Middle SchoolGrades: 6-8Distance: 3.7 mi
- 7/10Rio Rancho High SchoolGrades: 9-12Distance: 2.2 mi
Local experts in 87124
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