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For sale
  • Price cut: $10K (1/7)
    $349,900

    5405 Caballo Ct NE, Rio Rancho, NM 87144

    3beds
    1,620sqft
    : 
    Single Family Residence
    Built in 2004
    6,969.6 Square Feet Lot
    $347,300 Zestimate®
    $216/sqft
    $-- HOA

    What's special

    This 3-bedroom home has everything you want: two full bathrooms, two living areas, and an open floor plan that'll make entertaining a total breeze.The kitchen is seriously on point with brand new granite countertops/ backsplash plus a new dishwasher and fridge. And talk about comfort - you'll be loving the refrigerated air installed in 2024 , which means perfect temperature control all year round.Outside, you'll find a low-maintenance gravel yard with mature, large trees and smart retaining walls that maximize your usable outdoor space.Bonus features? Brand new windows and lighting that'll make the whole place feel bright and modern.
    219 days
    |
    1,225
    |
    53
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 20, 2026 at 03:51pm

    Listed by:

    Mark A. Garcia 505-207-8575,

    Oso Elite Realty 505-477-0400

    Source: SWMLS,MLS#: 1089961MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Level: Main
      • Area: 291.2
      • Dimensions: 18.2 x 16
      Kitchen
      • Level: Main
      • Area: 153.67
      • Dimensions: 12.1 x 12.7
      Living room
      • Level: Main
      • Area: 334.99
      • Dimensions: 24.1 x 13.9
      Heating
      • Central, Forced Air, Natural Gas
      Cooling
      • Refrigerated
      Appliances
      • Included: Dishwasher, Free-Standing Gas Range, Refrigerator
      • Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
      Features
      • Dual Sinks, Multiple Living Areas, Main Level Primary, Tub Shower, Walk-In Closet(s)
      • Flooring: Carpet, Laminate
      • Windows: Double Pane Windows, Insulated Windows
      • Has basement: No
      • Number of fireplaces: 1
      • Fireplace features: Custom, Gas Log
      Interior area
      • Total structure area: 1,620
      • Total interior livable area: 1,620 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Garage
      • Attached garage spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Patio
      • Exterior features: Private Entrance, Private Yard
      • Fencing: Wall
      Lot
      • Size: 6,969.6 Square Feet
      • Features: Landscaped
      Details
      • Parcel number: R094530
      • Zoning description: R-1

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Frame, Stucco
      • Roof: Pitched,Tile
      Condition
      • Resale
      • New construction: No
      • Year built: 2004
      Details
      • Builder name: Longford

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
      Green energy
      • Energy generation: None

      Community & HOA

      Location
      • Region: Rio Rancho

      Financial & listing details

      • Price per square foot: $216/sqft
      • Tax assessed value: $182,148
      • Annual tax amount: $2,124
      • Date on market: 8/19/2025
      • Cumulative days on market: 220 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
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        Estimated market value

        $347,300

        $330,000 - $365,000

        $2,021/mo

        Price history

        Price history
        DateEventPrice
        1/7/2026Price change$349,900-2.8%$216/sqft
        Source: SWMLS #1089961 Report a problem
        11/11/2025Price change$359,900-1.4%$222/sqft
        Source: SWMLS #1089961 Report a problem
        10/15/2025Price change$364,900-1.4%$225/sqft
        Source: SWMLS #1089961 Report a problem
        8/21/2025Listed for sale$369,900+186.7%$228/sqft
        Source: SWMLS #1089961 Report a problem
        9/21/2013Listing removed$129,000$80/sqft
        Source: RE/MAX MASTERS #750887 Report a problem
        7/13/2013Price change$129,000-4.4%$80/sqft
        Source: RE/MAX MASTERS #750887 Report a problem
        5/10/2013Price change$135,000-6.9%$83/sqft
        Source: RE/MAX MASTERS #750887 Report a problem
        3/27/2013Price change$144,999-3.3%$90/sqft
        Source: RE/MAX MASTERS #750887 Report a problem
        1/30/2013Listed for sale$149,999$93/sqft
        Source: Re/Max Masters #750887 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$2,119 -0.3%$60,716 +3%
        2024$2,124 +2.6%$58,948 +3%
        2023$2,070 +1.9%$57,231 +3%
        2022$2,031 +0.8%$55,564 +3%
        2021$2,016 +3%$53,946 +3%
        2020$1,957 +2.3%$52,375 +3%
        2019$1,913 +9.5%$50,850 +3%
        2018$1,747 -4.1%$49,369 +3%
        2017$1,821 $47,931 +3%
        2016$1,821 -5.9%$46,535 -7.8%
        2014$1,934 $50,460 +33.3%
        2013$1,934 $37,856 -70.3%
        2011-- $127,606

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $1,984/mo
        Principal & interest
        $1762
        Property taxes
        $222
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          Climate risks

          Neighborhood: Enchanted Hills

          Getting around

          3 / 100
          Car-Dependent
          23 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

          Local experts in 87144

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