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For sale
  • Price cut: $15K (3/9)
    $634,900

    2705 Lerma Rd NE, Rio Rancho, NM 87144

    3beds
    2,982sqft
    : 
    Single Family Residence
    Built in 2006
    0.31 Acres Lot
    $630,800 Zestimate®
    $213/sqft
    $-- HOA

    What's special

    Step into a peaceful and private retreat with a gated front courtyard and beautifully crafted imported wood doors that set the tone from the start. Enjoy panoramic mountain views right from your outdoor space. Inside, the open concept layout offers raised tongue and groove ceilings, stamped concrete floors, and warm travertine finishes that create a welcoming, elevated feel. Every room is thoughtfully designed with generous space for easy living. Modern touches include refrigerated air, upgraded systems, an oversized garage, and two covered patios that make entertaining simple. Wake up to sunshine, enjoy golden hour on the patio, or grill with friends while taking in the views. With upgrades, views, and room to grow, this home blends style, comfort, and functionality.
    238 days
    |
    699
    |
    13
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 08, 2026 at 06:17pm

    Listed by:

    Albuquerque Real Estate Partners 505-417-1683,

    EXP Realty LLC 505-554-3873,

    Jasmin Sanchez 505-417-1683,

    EXP Realty LLC

    Source: SWMLS,MLS#: 1088878MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Primary bedroom
      • Description: See Floor Plan
      • Level: Main
      • Area: 1
      • Dimensions: See Floor Plan
      Kitchen
      • Description: See Floor Plan
      • Level: Main
      • Area: 1
      • Dimensions: See Floor Plan
      Living room
      • Description: See Floor Plan
      • Level: Main
      • Area: 1
      • Dimensions: See Floor Plan
      Heating
      • Central, Forced Air, Natural Gas
      Cooling
      • Refrigerated
      Appliances
      • Included: Cooktop, Dishwasher, Disposal, Microwave, Refrigerator
      • Laundry: Gas Dryer Hookup, Washer Hookup, Dryer Hookup, ElectricDryer Hookup
      Features
      • Breakfast Bar, Ceiling Fan(s), Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Great Room, High Ceilings, Home Office, Jetted Tub, Kitchen Island, Loft, Main Level Primary, Pantry, Shower Only, Skylights, Separate Shower, Water Closet(s), Walk-In Closet(s)
      • Flooring: Carpet Free, Concrete
      • Windows: Double Pane Windows, Insulated Windows, Wood Frames, Skylight(s)
      • Has basement: No
      • Number of fireplaces: 1
      • Fireplace features: Custom, Gas Log
      Interior area
      • Total structure area: 2,982
      • Total interior livable area: 2,982 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Finished Garage, Garage, Oversized
      • Attached garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Patio
      • Exterior features: Courtyard
      • Has view: Yes
      Lot
      • Size: 0.31 Acres
      • Features: Landscaped, Views, Xeriscape
      Details
      • Parcel number: R008350
      • Zoning description: R-1

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Custom
      • Property subtype: Single Family Residence
      Materials
      • Frame, Stucco
      • Roof: Flat,Pitched
      Condition
      • Resale
      • New construction: No
      • Year built: 2006
      Details
      • Builder name: Joel Joyce

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected
      Green energy
      • Energy generation: Solar
      • Water conservation: Water-Smart Landscaping

      Community & HOA

      Location
      • Region: Rio Rancho

      Financial & listing details

      • Price per square foot: $213/sqft
      • Tax assessed value: $360,215
      • Annual tax amount: $4,327
      • Date on market: 8/1/2025
      • Cumulative days on market: 233 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
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        Estimated market value

        $630,800

        $599,000 - $662,000

        $3,148/mo

        Price history

        Price history
        DateEventPrice
        3/9/2026Price change$634,900-2.3%$213/sqft
        Source: SWMLS #1088878 Report a problem
        2/6/2026Price change$649,900-2.9%$218/sqft
        Source: SWMLS #1088878 Report a problem
        11/11/2025Price change$669,500-0.4%$225/sqft
        Source: SWMLS #1088878 Report a problem
        10/24/2025Price change$672,000-0.1%$225/sqft
        Source: SWMLS #1088878 Report a problem
        10/11/2025Price change$673,000-0.1%$226/sqft
        Source: SWMLS #1088878 Report a problem
        10/2/2025Price change$674,000-0.1%$226/sqft
        Source: SWMLS #1088878 Report a problem
        8/1/2025Listed for sale$675,000+92.9%$226/sqft
        Source: SWMLS #1088878 Report a problem
        2/17/2018Listing removed$349,999$117/sqft
        Source: CENTURY 21 Camco Realty #906168 Report a problem
        9/6/2017Price change$349,999-2.5%$117/sqft
        Source: CENTURY 21 Camco Realty #906168 Report a problem
        5/17/2017Listed for sale$358,900+6.3%$120/sqft
        Source: CENTURY 21 Camco Realty #892058 Report a problem
        9/1/2015Listing removed$337,500$113/sqft
        Source: Coldwell Banker Legacy #834189 Report a problem
        6/2/2015Price change$337,500-3.6%$113/sqft
        Source: Coldwell Banker Legacy #834189 Report a problem
        2/25/2015Listed for sale$350,000$117/sqft
        Source: Coldwell Banker Legacy #834189 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$3,771 -5.4%$120,071 +3%
        2024$3,985 -0.9%$116,574 +3%
        2023$4,021 +2%$113,180 +3%
        2022$3,943 +0.8%$109,883 +3%
        2021$3,911 +3.1%$106,682 +3%
        2020$3,795 +2.4%$103,576 +3%
        2019$3,708 +7.3%$100,559 +3%
        2018$3,454 -6.9%$97,630 +3%
        2017$3,709 $94,787
        2016$3,709 +2.1%$94,787
        2014$3,634 $94,787
        2013$3,634 $94,787 -66.7%
        2011-- $284,361

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $3,583/mo
        Principal & interest
        $3181
        Property taxes
        $402
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          Climate risks

          Neighborhood: Tampico

          Getting around

          3 / 100
          Car-Dependent
          22 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • High: V. Sue Cleveland

          Source: SWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

          Local experts in 87144

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