Discover the potential at 4815 Leon Grande Ave SE in Rio Rancho a solid, well-loved home offering comfort today and endless possibility for tomorrow. Currently tenant-occupied and well-maintained, this property has been cared for, providing a strong foundation for its next owner to personalize, update, and elevate to modern taste.This home features a functional floorplan with generously sized living spaces, natural light throughout, and a layout that invites creativity. The kitchen and bathrooms are clean and usable as-is, yet present the perfect opportunity for upgrades and value-add improvements.Outdoors, you'll find a spacious yard with room to expand, garden, entertain, or simply enjoy New Mexico skies.
For sale
$355,000
4815 Leon Grande Ave SE, Rio Rancho, NM 87124
3beds
1,661sqft
Est.:
Single Family Residence
Built in 1976
0.27 Acres Lot
$346,400 Zestimate®
$214/sqft
$-- HOA
What's special
Generously sized living spacesFunctional floorplanSpacious yard
- 117 days |
- 1,695 |
- 46 |
Zillow last checked: 7 hours ago
Listing updated: January 28, 2026 at 08:33am
Listed by:
Jessica G Schroeder 505-525-9715,
Albuquerque Property Mgmt 505-480-9777
Source: SWMLS,MLS#: 1095099
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: Main
- Area: 170.4
- Dimensions: 12 x 14.2
Dining room
- Description: Can be used as dining or living space
- Level: Main
- Area: 219.01
- Dimensions: Can be used as dining or living space
Kitchen
- Level: Main
- Area: 170.66
- Dimensions: 16.1 x 10.6
Living room
- Description: Can be used as dining or living space
- Level: Main
- Area: 193.6
- Dimensions: Can be used as dining or living space
Heating
- Central, Forced Air
Cooling
- Evaporative Cooling
Appliances
- Included: Free-Standing Gas Range, Refrigerator
- Laundry: Electric Dryer Hookup
Features
- Main Level Primary
- Flooring: Carpet, Tile
- Windows: Vinyl
- Has basement: No
- Number of fireplaces: 1
Interior area
- Total structure area: 1,661
- Total interior livable area: 1,661 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio
Lot
- Size: 0.27 Acres
Details
- Parcel number: R1396980139698
- Zoning description: R-1
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco, Wood Siding
- Foundation: Permanent
- Roof: Pitched,Shingle
Condition
- Resale
- New construction: No
- Year built: 1976
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Subdivision: Corrales Heights
Location
- Region: Rio Rancho
Financial & listing details
- Price per square foot: $214/sqft
- Tax assessed value: $146,316
- Annual tax amount: $1,757
- Date on market: 11/29/2025
- Cumulative days on market: 118 days
- Listing terms: Cash,FHA,VA Loan
- Total actual rent: 1725
Estimated market value
$346,400
$329,000 - $364,000
$2,084/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/29/2025 | Listed for sale | $355,000$214/sqft |
Source:  SWMLS #1095099 Report a problem | ||
| 8/24/2017 | Listing removed | $1,200$1/sqft |
Source: Chase Realty, LLC Report a problem | ||
| 7/9/2017 | Listed for rent | $1,200$1/sqft |
Source: Chase Realty, LLC Report a problem | ||
| 3/17/2016 | Listing removed | $1,200$1/sqft |
Source: Chase Realty, LLC Report a problem | ||
| 3/10/2016 | Price change | $1,200-7.7%$1/sqft |
Source: Chase Realty, LLC Report a problem | ||
| 3/2/2016 | Listed for rent | $1,300$1/sqft |
Source: Chase Realty, LLC Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,702 -0.3% | $48,772 +3% |
| 2024 | $1,707 +2.6% | $47,352 +3% |
| 2023 | $1,663 +1.9% | $45,973 +3% |
| 2022 | $1,631 +0.8% | $44,633 +3% |
| 2021 | $1,619 +3% | $43,333 +3% |
| 2020 | $1,572 +2.3% | $42,072 +3% |
| 2019 | $1,537 +9.5% | $40,846 +3% |
| 2018 | $1,403 -6.9% | $39,657 +3% |
| 2017 | $1,507 | $38,502 |
| 2016 | $1,507 +2.1% | $38,502 |
| 2014 | $1,476 | $38,502 +3% |
| 2013 | $1,476 | $37,380 -62.8% |
| 2011 | -- | $100,461 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,012/mo
Principal & interest
$1787
Property taxes
$225
More affordability tools
Climate risks
Neighborhood: 87124
Nearby schools
GreatSchools rating
- 5/10Rio Rancho Elementary SchoolGrades: K-5Distance: 0.6 mi
- 7/10Rio Rancho Middle SchoolGrades: 6-8Distance: 2.4 mi
- 7/10Rio Rancho High SchoolGrades: 9-12Distance: 2 mi
Local experts in 87124
- New Mexico
- Sandoval County
- Rio Rancho
- 87124
- 4815 Leon Grande Ave SE
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