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Off market
  • $305,700

    537 Terrace Dr NE, Rio Rancho, NM 87124

    3beds
    1,500sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $305,700 Zestimate®
    $204/sqft
    $1,908 Estimated rent

    Home value

    $305,700

    $290,000 - $321,000

    $1,908/mo

    Zestimate® history
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    Rent Zestimate®

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    $1,761/mo

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    What's special

    PRICE IMPROVMENT CELIBRATE THE STSTE FAIR IN YOUR NEW HOME Welcome to your new home in Rio Rancho. This newly improved 3-bedroom, 2-bathroom house is ready for you to make it your own. With a generous 1500 square feet of living space, this home is freshly painted tile flooring. The kitchen is equipped with a gas stove and oven, a new dishwasher, and a large sink, all set to inspire your culinary adventures. All appliances are included for your convenience, and the home also boasts new plumbing throughout. The central refrigerated air conditioning ensures your comfort in all seasons. The attached 2-car garage comes with an opener and remote, providing secure parking and additional storage. The property also offers RV parking for your convenience. The huge 1/4-acre property has a fully fenced backyard, providing a secure space for your pet. Yes, this home is pet-friendly, welcoming one small to medium sized dog up to 45lbs with no monthly pet rent. The backyard also features a covered patio, perfect for outdoor entertainment. From this hilltop neighborhood, you can enjoy beautiful views every day. Don't miss this opportunity to live in a home that combines comfort, convenience, and beauty. **TO QUALIFY APPLICANT MUST HAVE A CREDIT SCORE OF 650+. **A TENANT BENEFIT PACKAGE FEE OF $39.95/MONTH WILL BE ADDED ONTO THE MONTHLY RENT AMOUNT 350.00 NON REFUNDABLE PET FEE** (if applicable) + A $30.00 ANNUAL PET SCREENING FEE **NO CO-SIGNERS PERMITTED **A RIO RANCHO WASTE MANAGEMENT FEE OF $22/MONTH MUST BE ADDED ONTO THE MONTHLY RENT AMOUNT

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked: 10 hours ago

    Listing updated: September 04, 2025 at 09:55pm

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Oven, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • View
    • Flooring: Tile
    Interior area
    • Total interior livable area: 1,500 sqft

    Property

    Parking
    • Parking features: Garage, Off Street
    • Has garage: Yes
    • Details: Contact manager
    Features
    • Patio & porch: Patio
    • Exterior features: 1500 square feet, 2 Baths, 3 Bedrooms, All Appliances Are Included, Freshly Painted Throughout, Large Kitchen Sink, Lawn, NO Monthly Pet rent, New Kitchen Sink, New Plumbing Throughout, One small to medium Dog up to 45lbs. Allowed, Pet friendley Neighborhood, Please review our Tenant policies prior to submitting your application. Thanks!, Quiet Hilltop Neighborhood, View Type: Beautiful Views
    Details
    • Parcel number: R033849

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & neighborhood

    Location
    • Region: Rio Rancho

    HOA & financial

    Other fees
    • Deposit fee: $1,800

    Price history

    DateEventPrice
    9/24/2025Listing removed$1,895$1/sqft
    Source: Zillow Rentals
    9/5/2025Price change$1,895-2.6%$1/sqft
    Source: Zillow Rentals
    7/9/2025Price change$1,945-2.5%$1/sqft
    Source: Zillow Rentals
    5/28/2025Listed for rent$1,995+11.1%$1/sqft
    Source: Zillow Rentals
    7/14/2022Listing removed--
    Source: Zillow Rental Network Premium

    Public tax history

    YearProperty taxesTax assessment
    2025$1,621 -0.1%$48,453 +3%
    2024$1,623 +2.8%$47,041 +3%
    2023$1,579 +2.1%$45,671 +3%

    Find assessor info on the county website

    Neighborhood: Vista Hills

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $305,700

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    Estimated market value

    $305,700