Pending

Price cut: $3.6K (3/16)

$360,000

280 Prism Ave SW, Rio Rancho, NM 87124

4beds

1,537sqft

Est.:

Single Family Residence

Built in 2025

5,227.2 Square Feet Lot

$359,400 Zestimate^®

$234/sqft

$45/mo HOA

What's special

Tired of paying rent? Invest in a new home at Rainbow Canyon - Rio Rancho's newest community minutes from shopping. Rainbow Canyon offers ''life-tested'' modern floor plans at an affordable price designed to enhance your evolving lifestyle. The Cochiti is a modern 4 bed 2 bath home with open concept living, granite countertops, and a delightful blend of a large covered patio and welcoming front porch. Experience comfort and style in every corner. Centex plans feature openness and energy-efficiencient designs to boast livability and savings on utility bills! Enjoy a functional kitchen with stainless-steel appliances, including a side-by-side refrigerator, granite countertops, and 15'' x 15'' tile in wet areas.

50 days

6

1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Level: Main
Area: 182
Dimensions: 14 x 13

Kitchen

Description: Cafe
Level: Main
Area: 206.36
Dimensions: Cafe

Living room

Level: Main
Area: 233.73
Dimensions: 14.7 x 15.9

Heating

Central, Forced Air, Natural Gas

Cooling

Refrigerated

Appliances

Included: Dishwasher, ENERGY STAR Qualified Appliances, Free-Standing Gas Range, Disposal, Microwave, Refrigerator, Range Hood, Self Cleaning Oven
Laundry: Electric Dryer Hookup

Features

Entrance Foyer, Great Room, High Speed Internet, Main Level Primary, Pantry, Shower Only, Separate Shower, Cable TV
Flooring: Carpet, Tile
Windows: Double Pane Windows, Insulated Windows, Low-Emissivity Windows, Vinyl
Has basement: No
Has fireplace: No
Fireplace features: Gas Log

Interior area

Total structure area: 1,537
Total interior livable area: 1,537 sqft

Property

Parking

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

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Patio & porch: Covered, Patio
Exterior features: Private Yard, Sprinkler/Irrigation, Landscaping
Fencing: Wall

Lot

Size: 5,227.2 Square Feet
Features: Landscaped, Planned Unit Development, Xeriscape

Details

Parcel number: na
Zoning description: R-1

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Frame, Synthetic Stucco
Roof: Pitched,Shingle

Condition

Under Construction
Year built: 2025

Details

Builder name: Centex

Utilities & green energy

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

Green energy

Energy efficient items: Appliances
Energy generation: None
Water conservation: Water-Smart Landscaping

Community & HOA

Community

Features: Common Grounds/Area
Security: Smoke Detector(s)
Subdivision: Rainbow Canyon

HOA

Has HOA: Yes
Services included: Common Areas, Road Maintenance
HOA fee: $45 monthly

Location

Region: Rio Rancho

Financial & listing details

Price per square foot: $234/sqft
Annual tax amount: $4,080
Date on market: 3/6/2026
Cumulative days on market: 51 days
Listing terms: Cash,Conventional,FHA,VA Loan

Estimated market value

$359,400

$341,000 - $377,000

$2,425/mo

Price history

Date	Event	Price
3/24/2026	Pending sale	$360,000$234/sqft
Source: SWMLS #1099402 Report a problem
3/16/2026	Price change	$360,000-1%$234/sqft
Source: SWMLS #1099402 Report a problem
3/6/2026	Listed for sale	$363,640$237/sqft
Source: SWMLS #1099402 Report a problem