Welcome to this Beautifully Refreshed Home in the Heart of Rio Rancho! Featuring 3 Bedrooms, 2 Baths, 2 Car Garage, a Beautiful Bonus Room offering Endless Possibilities, a Wood-Burning Fireplace and a Kitchen with Granite Countertops and Lots of Storage Space! New Carpet in All Bedrooms and Tile Throughout Create a Bright and Clean Feel! The Wood Burning Fireplace is a Perfect Centerpiece for Relaxing Evenings at Home. Enjoy a Private, Low-Maintenance Backyard Designed for Relaxing and Entertaining without the hassle of extensive upkeep. The Front yard is Fully Landscaped as well! With it's Recent Updates, Versatile Layout, and Inviting Atmosphere, this Home is Truly Move-in Ready and Waiting for You!
For sale
$415,000
331 Nicklaus Dr SE, Rio Rancho, NM 87124
3beds
2,115sqft
Est.:
Single Family Residence
Built in 1988
10,018.8 Square Feet Lot
$407,500 Zestimate®
$196/sqft
$-- HOA
What's special
Wood-burning fireplaceVersatile layoutLots of storage spaceKitchen with granite countertopsInviting atmosphere
- 26 days |
- 1,200 |
- 50 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: February 27, 2026 at 05:59pm
Listed by:
Roxanne Vialpando 505-610-4771,
Capital Real Estate Group 505-615-8888
Source: SWMLS,MLS#: 1098960
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central, Forced Air
Cooling
- Evaporative Cooling
Appliances
- Included: Dishwasher, Free-Standing Gas Range, Refrigerator
- Laundry: Electric Dryer Hookup
Features
- Ceiling Fan(s), Family/Dining Room, Living/Dining Room, Multiple Living Areas, Main Level Primary, Pantry, Shower Only, Separate Shower, Walk-In Closet(s)
- Flooring: Carpet, Tile
- Windows: Double Pane Windows, Insulated Windows
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 2,115
- Total interior livable area: 2,115 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
- Patio & porch: Open, Patio
- Exterior features: Privacy Wall, Private Yard
- Fencing: Wall
Lot
- Size: 10,018.8 Square Feet
- Features: Landscaped, Planned Unit Development
- Residential vegetation: Grassed
Details
- Parcel number: 1012069280238
- Zoning description: R-1
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick, Brick Veneer, Frame, Stucco, Vinyl Siding, Wood Siding
- Foundation: Slab
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 1988
Details
- Builder name: Amrep
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Available, Water Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Panorama Heights North 2
Location
- Region: Rio Rancho
Financial & listing details
- Price per square foot: $196/sqft
- Tax assessed value: $265,313
- Annual tax amount: $3,187
- Date on market: 2/27/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Estimated market value
$407,500
$387,000 - $428,000
$2,197/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/27/2026 | Listed for sale | $415,000+66%$196/sqft |
Source:  SWMLS #1098960 Report a problem | ||
| 2/9/2021 | Sold | -- |
Source: SWMLS #975927 Report a problem | ||
| 1/1/2021 | Pending sale | $250,000$118/sqft |
Source: SWMLS #975927 Report a problem | ||
| 12/4/2020 | Listed for sale | $250,000$118/sqft |
Source: Realty One of New Mexico #975927 Report a problem | ||
| 9/22/2020 | Pending sale | $250,000$118/sqft |
Source: Realty One of New Mexico #975927 Report a problem | ||
| 9/17/2020 | Price change | $250,000-2.3%$118/sqft |
Source: Realty One of New Mexico #975927 Report a problem | ||
| 9/5/2020 | Price change | $255,900-1.2%$121/sqft |
Source: Realty One of New Mexico #975927 Report a problem | ||
| 8/29/2020 | Listed for sale | $259,000$122/sqft |
Source: Realty One of New Mexico #975927 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,086 -0.3% | $88,437 +3% |
| 2024 | $3,094 +2.6% | $85,862 +3% |
| 2023 | $3,015 +1.9% | $83,361 +3% |
| 2022 | $2,958 +64.5% | $80,933 +68.2% |
| 2021 | $1,798 +3% | $48,120 +3% |
| 2020 | $1,746 +3.8% | $46,718 |
| 2019 | $1,682 -12.8% | $46,718 -17.3% |
| 2018 | $1,929 +24.8% | $56,511 +36.2% |
| 2017 | $1,545 | $41,491 |
| 2016 | $1,545 +2.1% | $41,491 |
| 2014 | $1,514 | $41,491 +5.1% |
| 2013 | $1,514 | $39,491 -68.3% |
| 2011 | -- | $124,472 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,352/mo
Principal & interest
$2089
Property taxes
$263
More affordability tools
Climate risks
Neighborhood: 87124
Nearby schools
GreatSchools rating
- 4/10Martin King Jr Elementary SchoolGrades: K-5Distance: 1.3 mi
- 5/10Lincoln Middle SchoolGrades: 6-8Distance: 0.2 mi
- 7/10Rio Rancho High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Martin L King Jr
- Middle: Lincoln
- High: Rio Rancho
Source: SWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 87124
- New Mexico
- Sandoval County
- Rio Rancho
- 87124
- 331 Nicklaus Dr SE
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