Investment Opportunity! Newly constructed in 2024, this two-unit property offers a total of 2,528 sq ft of living space. The main home features 1,628 sq ft with 3 bedrooms, 3 baths, a 2-car garage, stainless steel kitchen appliances, granite counters, and a private yard. The 900 sq ft Accessory Dwelling Unit includes 2 bedrooms, 1 bath, a full kitchen with stainless appliances, granite counters, in-unit laundry, private yard, and dedicated parking. Ideal for generating rental income or multi-generational living, this property combines modern finishes with excellent functionality.
For sale
$589,990
388 Pecos Loop SE, Rio Rancho, NM 87124
5beds
4baths
2,528sqft
Est.: Get pre-qualified
Multi Family, Single Family Residence
Built in 2024
-- sqft lot
$580,700 Zestimate®
$233/sqft
$-- HOA
What's special
In-unit laundryStainless steel kitchen appliancesGranite countersPrivate yard
- 255 days |
- 363 |
- 22 |
Zillow last checked:
Listing updated:
Listed by:
Brian Leigh Earnest 505-934-1756,
Realty One of New Mexico 505-883-9400
Source: SWMLS,MLS#: 1091480
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Central, Forced Air
Cooling
- Refrigerated, Ceiling Fan(s)
Appliances
- Included: Dryer, Dishwasher, Free-Standing Gas Range, Disposal, Microwave, Refrigerator, Washer
- Laundry: Washer Hookup, Dryer Hookup, In Unit
Features
- Ceiling Fan(s)
- Flooring: Carpet, Tile
- Has basement: No
Interior area
- Total structure area: 2,528
- Total interior livable area: 2,528 sqft
Property
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Exterior features: Patio
Lot
- Size: 8,712 Square Feet
Details
- Parcel number: R190145
- Zoning description: R-1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Single Family Residence
Materials
- Frame, Stone, Synthetic Stucco
Condition
- Resale
- New construction: No
- Year built: 2024
Details
- Builder name: Amreston Construction, Llc
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, See Remarks, Water Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Features: Patio, Storage Facilities
Location
- Region: Rio Rancho
Financial & listing details
- Price per square foot: $233/sqft
- Annual tax amount: $5,567
- Date on market: 9/15/2025
- Cumulative days on market: 257 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Total actual rent: 4750
- Tenant pays: Other, See Remarks
Estimated market value
$580,700
$552,000 - $610,000
$2,300/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/16/2025 | Listed for sale | $589,990+1.8%$233/sqft |
Source: | ||
| 6/20/2025 | Listing removed | $579,435$229/sqft |
Source: | ||
| 6/20/2025 | Price change | $579,435-3.3%$229/sqft |
Source: | ||
| 5/27/2025 | Listed for sale | $599,435$237/sqft |
Source: | ||
| 2/12/2025 | Pending sale | $599,435$237/sqft |
Source: | ||
| 8/12/2024 | Price change | $599,435+3.5%$237/sqft |
Source: | ||
| 7/16/2024 | Price change | $579,435-2.7%$229/sqft |
Source: | ||
| 5/20/2024 | Price change | $595,435+2.7%$236/sqft |
Source: | ||
| 5/8/2024 | Listed for sale | $579,990$229/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 87124
Nearby schools
GreatSchools rating
- 5/10Puesta Del Sol Elementary SchoolGrades: K-5Distance: 0.4 mi
- 7/10Eagle Ridge Middle SchoolGrades: 6-8Distance: 3.3 mi
- 7/10Rio Rancho High SchoolGrades: 9-12Distance: 3.7 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- New Mexico
- Sandoval County
- Rio Rancho
- 87124
- 388 Pecos Loop SE






