Tired of paying rent? Invest in a new home at Rainbow Canyon - Rio Rancho's newest community minutes from shopping. Rainbow Canyon offers ''life-tested'' modern floor plans at an affordable price designed to enhance your evolving lifestyle. The Verbena is an open 3 bed 2 bath home. It is filled with beautiful finishes, a covered patio and plenty of natural light. Centex plans feature openness and high energy-efficiency designs to boast livability and savings on utility bills! Enjoy a stunning kitchen complete with stainless steel appliances, tons of cabinet space, and a walk-in pantry, including a side-by-side refrigerator, granite countertops, and 15'' x 15'' tile in wet areas.
New construction
$390,220
261 Spectrum Ave SW, Rio Rancho, NM 87124
3beds
1,588sqft
Est.:
Single Family Residence
Built in 2025
5,662.8 Square Feet Lot
$-- Zestimate®
$246/sqft
$45/mo HOA
What's special
Beautiful finishesStunning kitchenStainless steel appliancesGranite countertopsSide-by-side refrigeratorCovered patioPlenty of natural light
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Zillow last checked: 8 hours ago
Listing updated: March 05, 2026 at 08:58am
Listed by:
Wade Messenger 505-991-5774,
Pulte Homes of New Mexico
Source: SWMLS,MLS#: 1099241
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Primary bedroom
- Level: Main
- Area: 171.45
- Dimensions: 13.5 x 12.7
Kitchen
- Description: Cafe
- Level: Main
- Area: 142.5
- Dimensions: Cafe
Living room
- Level: Main
- Area: 249.15
- Dimensions: 15.1 x 16.5
Heating
- Central, Forced Air, Natural Gas
Cooling
- Refrigerated
Appliances
- Included: Dishwasher, ENERGY STAR Qualified Appliances, Free-Standing Gas Range, Disposal, Microwave, Refrigerator, Range Hood, Self Cleaning Oven
- Laundry: Electric Dryer Hookup
Features
- Entrance Foyer, High Speed Internet, Kitchen Island, Main Level Primary, Pantry, Shower Only, Separate Shower, Cable TV, Walk-In Closet(s)
- Flooring: Carpet, Tile
- Windows: Double Pane Windows, Insulated Windows, Low-Emissivity Windows, Sliding, Vinyl
- Has basement: No
- Has fireplace: No
- Fireplace features: Gas Log
Interior area
- Total structure area: 1,588
- Total interior livable area: 1,588 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage
- Attached garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio
- Exterior features: Private Yard, Sprinkler/Irrigation, Landscaping
- Fencing: Wall
Lot
- Size: 5,662.8 Square Feet
- Features: Landscaped, Planned Unit Development, Xeriscape
Details
- Parcel number: na
- Zoning description: R-1
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame, Synthetic Stucco
- Roof: Pitched,Shingle
Condition
- Under Construction
- New construction: Yes
- Year built: 2025
Details
- Builder name: Centex
Utilities & green energy
- Electric: None
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Underground Utilities, Water Connected
Green energy
- Energy efficient items: Appliances
- Energy generation: None
- Water conservation: Water-Smart Landscaping
Community & HOA
Community
- Features: Common Grounds/Area
- Security: Smoke Detector(s)
- Subdivision: Rainbow Canyon
HOA
- Has HOA: Yes
- Services included: Common Areas, Road Maintenance
- HOA fee: $45 monthly
Location
- Region: Rio Rancho
Financial & listing details
- Price per square foot: $246/sqft
- Annual tax amount: $4,404
- Date on market: 3/4/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
About the community
Rainbow Canyon by Centex is a new community featuring affordable new homes. Choose from multiple single-story homes that were designed to fit your needs. Rainbow Canyon is located in Rio Rancho near conveniences like shopping and dining and is just a short drive to Albuquerque. This community is perfect for enjoying New Mexico in a new affordable home you'll love.
101 Hue Street, Rio Rancho, NM 87124
Source: Centex
7 homes in this community
Available homes
| Listing | Price | Bed / bath | Status |
|---|---|---|---|
Current home: 261 Spectrum Ave SW | $390,220 | 3 bed / 2 bath | Available |
| 256 Prism Ave SW | $325,000 | 3 bed / 2 bath | Available |
| 259 Prism Ave SW | $340,000 | 4 bed / 2 bath | Available |
| 288 Prism Ave SW | $345,475 | 3 bed / 2 bath | Available |
| 292 Prism Ave SW | $340,000 | 4 bed / 2 bath | Pending |
| 283 Prism Ave SW | $344,470 | 3 bed / 2 bath | Pending |
| 257 Spectrum Ave SW | $383,740 | 3 bed / 2 bath | Pending |
Source: Centex
Contact builder
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Learn how to advertise your homesEstimated market value
Not available
Estimated sales range
Not available
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Price history
| Date | Event | Price |
|---|---|---|
| 3/4/2026 | Listed for sale | $390,220$246/sqft |
Source:  Centex Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Neighborhood: 87124
Nearby schools
GreatSchools rating
- 5/10Puesta Del Sol Elementary SchoolGrades: K-5Distance: 1.3 mi
- 7/10Eagle Ridge Middle SchoolGrades: 6-8Distance: 3.8 mi
- 7/10Rio Rancho High SchoolGrades: 9-12Distance: 4.3 mi
Schools provided by the builder
- Elementary: Rio Rancho High School
- District: Rio Rancho Public Schools
Source: Centex. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
