For sale

$260,000

516 Medina Meadows Dr NE, Rio Rancho, NM 87144

2beds

858sqft

$1,728/mo

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Single Family Residence

Built in 1999

6,098 Square Feet Lot

$258,000 Zestimate^®

$303/sqft

$65/mo HOA

What's special

Additional storageFresh interior paintNew laminate flooring throughoutSpacious two car garageConvenient parkingUpdated lighting fixturesNewer appliances

Welcome to this beautifully refreshed two bedroom, one bath home, offering comfort style and peace of mind. The property features new laminate flooring throughout, fresh interior paint, newer appliances and updated lighting fixtures creating a clean and modern feel throughout the home. The recently maintained roof comes with a one-year warranty, providing peace of mind for the new homeowner and a spacious two car garage offers, convenient parking and additional storage. This move-in ready home is an excellent opportunity for a first time buyer, a downsizing homeowner or an investor looking for a well-maintained property with numerous recent improvements.

2 days

254

24

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Level: Main
Area: 136.84
Dimensions: 11.3 x 12.11

Bedroom 2

Level: Main
Area: 102.83
Dimensions: 11.3 x 9.1

Kitchen

Level: Main
Area: 148.75
Dimensions: 12.5 x 11.9

Living room

Level: Main
Area: 217
Dimensions: 17.5 x 12.4

Heating

Forced Air, Natural Gas

Cooling

Evaporative Cooling

Appliances

Included: Dryer, Dishwasher, Free-Standing Gas Range, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Washer
Laundry: Electric Dryer Hookup

Features

Ceiling Fan(s), High Speed Internet, Main Level Primary, Pantry, Cable TV
Flooring: Laminate
Windows: Double Pane Windows, Insulated Windows
Has basement: No
Has fireplace: No

Interior area

Total structure area: 858
Total interior livable area: 858 sqft

Property

Parking

Total spaces: 2
Parking features: Attached, Garage, Garage Door Opener
Attached garage spaces: 2

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Exterior features: None, Sprinkler/Irrigation
Fencing: Back Yard

Lot

Size: 6,098 Square Feet
Features: Landscaped

Details

Additional structures: Shed(s)
Parcel number: 1010073034245
Zoning description: R-1

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Frame, Synthetic Stucco, Wood Siding
Foundation: Permanent
Roof: Pitched,Shingle

Condition

Resale
New construction: No
Year built: 1999

Utilities & green energy

Electric: None
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Green energy

Energy generation: None
Water conservation: Water-Smart Landscaping

Community & HOA

Community

Subdivision: Northern Meadows 5

HOA

Has HOA: Yes
Services included: Common Areas, Maintenance Grounds
HOA fee: $65 monthly

Location

Region: Rio Rancho

Financial & listing details

Price per square foot: $303/sqft
Tax assessed value: $89,943
Annual tax amount: $1,080
Date on market: 8/12/2026
Cumulative days on market: 3 days
Listing terms: Cash,Conventional,FHA,VA Loan
Road surface type: Paved

Estimated market value

$258,000

$245,000 - $271,000

$1,529/mo

Price history

Date	Event	Price
8/13/2026	Listed for sale	$260,000$303/sqft
Source: SWMLS #1109031 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,046 -0.3%	$29,981 +3%
2024	$1,049 +2.6%	$29,108 +3%
2023	$1,022 +1.9%	$28,260 +3%
2022	$1,003 +0.8%	$27,438 +3%
2021	$995 +3%	$26,639 +3%
2020	$966 +2.3%	$25,862 +3%
2019	$945 +9.5%	$25,109 +3%
2018	$863 -6.9%	$24,379 +3%
2017	$926	$23,668
2016	$926 +5.1%	$23,668 +3%
2014	$881	$22,979
2013	$881	$22,979 -64.6%
2011	--	$64,974