Welcome to this spacious single-story home in Rio Rancho offering 3 bedrooms, 2 bathrooms, and approximately 1,726 square feet of comfortable living space. Situated on a generous lot, this property provides room to enjoy outdoor living while still being conveniently located near schools, shopping, and major commuter routes. Inside, the home features a functional floor plan with multiple living areas, a bright kitchen, and a large primary suite. Large windows bring in natural light throughout the home, while the layout offers great flow for everyday living or entertaining. Recent improvements and updates enhance the home's value and livability, including a new roof, interior paint, carpet, and various interior and exterior upgrades.
Pending
$394,900
501 5th St NE, Rio Rancho, NM 87124
3beds
1,726sqft
Est.:
Single Family Residence
Built in 2007
0.5 Acres Lot
$394,300 Zestimate®
$229/sqft
$-- HOA
What's special
- 24 days |
- 1,374 |
- 70 |
Zillow last checked: 7 hours ago
Listing updated: March 12, 2026 at 04:32pm
Listed by:
Robb Krautbauer 505-337-4816,
Mountain View Realty, LLC 505-463-5968
Source: SWMLS,MLS#: 1099193
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: Main
- Area: 273
- Dimensions: 21 x 13
Bedroom 2
- Level: Main
- Area: 120
- Dimensions: 12 x 10
Bedroom 3
- Level: Main
- Area: 144
- Dimensions: 12 x 12
Dining room
- Level: Main
- Area: 110
- Dimensions: 11 x 10
Kitchen
- Level: Main
- Area: 130
- Dimensions: 10 x 13
Living room
- Level: Main
- Area: 304
- Dimensions: 16 x 19
Heating
- Central, Forced Air, Natural Gas
Cooling
- Refrigerated
Appliances
- Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Features
- Main Level Primary
- Flooring: Carpet, Tile
- Windows: Double Pane Windows, Insulated Windows
- Has basement: No
- Number of fireplaces: 1
Interior area
- Total structure area: 1,726
- Total interior livable area: 1,726 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio
- Exterior features: Courtyard, Private Yard
- Fencing: Wall
Lot
- Size: 0.5 Acres
Details
- Parcel number: 1009070505216
- Zoning description: R-1
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Roof: Flat
Condition
- Resale
- New construction: No
- Year built: 2007
Details
- Builder name: Wallen
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Subdivision: Rio Rancho Estates
Location
- Region: Rio Rancho
Financial & listing details
- Price per square foot: $229/sqft
- Tax assessed value: $202,601
- Annual tax amount: $2,361
- Date on market: 3/3/2026
- Cumulative days on market: 23 days
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
$394,300
$375,000 - $414,000
$2,208/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/12/2026 | Pending sale | $394,900$229/sqft |
Source:  SWMLS #1099193 Report a problem | ||
| 3/5/2026 | Listed for sale | $394,900+72.4%$229/sqft |
Source: SWMLS #1099193 Report a problem | ||
| 12/3/2025 | Sold | -- |
Source: Public Record Report a problem | ||
| 6/12/2018 | Sold | -- |
Source: SWMLS #913210 Report a problem | ||
| 4/26/2018 | Pending sale | $229,000$133/sqft |
Source: PS Properties #913210 Report a problem | ||
| 3/13/2018 | Listed for sale | $229,000-2.5%$133/sqft |
Source: PS Properties #913210 Report a problem | ||
| 9/8/2017 | Listing removed | $1,350$1/sqft |
Source: PS Properties Report a problem | ||
| 9/7/2017 | Listed for rent | $1,350+5.9%$1/sqft |
Source: PS Properties Report a problem | ||
| 6/19/2017 | Listing removed | $234,900$136/sqft |
Source: PS Properties #884398 Report a problem | ||
| 2/14/2017 | Listed for sale | $234,900$136/sqft |
Source: PS Properties #884398 Report a problem | ||
| 4/8/2014 | Listing removed | $1,275$1/sqft |
Source: PS Properties #807670 Report a problem | ||
| 2/21/2014 | Price change | $1,275-5.6%$1/sqft |
Source: PS Properties Report a problem | ||
| 2/18/2014 | Listed for rent | $1,350$1/sqft |
Source: PS Properties #807670 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,287 -3.2% | $67,534 |
| 2024 | $2,362 -0.4% | $67,534 -2.9% |
| 2023 | $2,370 -1.1% | $69,560 |
| 2022 | $2,395 -10.5% | $69,560 -2.9% |
| 2021 | $2,677 +3% | $71,647 +3% |
| 2020 | $2,599 +2.3% | $69,560 +3% |
| 2019 | $2,541 +16.7% | $67,534 |
| 2018 | $2,177 -10% | $67,534 |
| 2017 | $2,418 | $67,534 -0.4% |
| 2016 | $2,418 +2.1% | $67,794 |
| 2014 | $2,369 | $67,794 +9.7% |
| 2013 | $2,369 | $61,794 -69.6% |
| 2011 | -- | $203,381 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,238/mo
Principal & interest
$1988
Property taxes
$250
More affordability tools
Climate risks
Neighborhood: 87124
Nearby schools
GreatSchools rating
- 5/10Puesta Del Sol Elementary SchoolGrades: K-5Distance: 1.9 mi
- 7/10Eagle Ridge Middle SchoolGrades: 6-8Distance: 2.6 mi
- 7/10Rio Rancho High SchoolGrades: 9-12Distance: 3.4 mi
Local experts in 87124
- New Mexico
- Sandoval County
- Rio Rancho
- 87124
- 501 5th St NE
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