Welcome home to 416 1st St SW Rio Rancho! Nestled on a generous 1/2-acre lot, this spacious 3 bedroom, 2 bath home with a 2-car garage combines room to grow with privacy and convenience. The oversized primary bedroom is your private retreat with plenty of Closet Space. .5 acre lot complete with backyard access--perfect space for all the toys.Rio Rancho, the third-largest city in New Mexico, is known for its excellent schools, abundant parks and trails, and mild high-desert climate. With affordable cost-of-living, quick access to Albuquerque, and a strong sense of community, this home offers both space and lifestyle. Don't miss this rare opportunity to live large in a city on the rise.
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Price Unknown
416 1st St NE, Rio Rancho, NM 87124
3beds
1,229sqft
Single Family Residence
Built in 2000
0.5 Acres Lot
$289,600 Zestimate®
$--/sqft
$1,892 Estimated rent
Home value
$289,600
$266,000 - $310,000
$1,892/mo
Zestimate® history
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List your homeWhat's special
Backyard accessOversized primary bedroomPlenty of closet space
Zillow last checked:
Listing updated:
Listed by:
Michael Lizzi 505-449-7003,
Realty One of New Mexico
Bought with:
Richard Charles Reeder, 51268
Keller Williams Realty
Dustin R Messex, 50918
Keller Williams Realty
Source: SWMLS,MLS#: 1091613
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Primary bedroom
- Level: Main
- Area: 220
- Dimensions: 10 x 22
Kitchen
- Level: Main
- Area: 120
- Dimensions: 10 x 12
Living room
- Level: Main
- Area: 240
- Dimensions: 12 x 20
Heating
- Central, Forced Air
Cooling
- Evaporative Cooling
Appliances
- Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Features
- Main Level Primary
- Flooring: Carpet
- Windows: Sliding
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,229
- Total interior livable area: 1,229 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Open, Patio
- Exterior features: Private Yard
Lot
- Size: 0.5 Acres
Details
- Parcel number: R120129
- Zoning description: R-1
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame
- Roof: Pitched
Condition
- Resale
- New construction: No
- Year built: 2000
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Connected
Green energy
- Energy generation: None
Community & HOA
Location
- Region: Rio Rancho
Financial & listing details
- Tax assessed value: $106,952
- Annual tax amount: $1,245
- Date on market: 9/18/2025
- Cumulative days on market: 6 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Dirt
Price history
| Date | Event | Price |
|---|---|---|
| 10/31/2025 | Sold | -- |
Source:  SWMLS #1091613 Report a problem | ||
| 9/24/2025 | Pending sale | $269,900$220/sqft |
Source: SWMLS #1091613 Report a problem | ||
| 9/19/2025 | Listed for sale | $269,900$220/sqft |
Source: SWMLS #1091613 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,244 -0.3% | $35,651 +3% |
| 2024 | $1,247 +2.6% | $34,613 +3% |
| 2023 | $1,215 +1.9% | $33,604 +3% |
| 2022 | $1,193 +0.8% | $32,626 +3% |
| 2021 | $1,184 +3% | $31,676 +3% |
| 2020 | $1,149 +2.3% | $30,754 +3% |
| 2019 | $1,123 +6.3% | $29,858 |
| 2018 | $1,056 -10.3% | $29,858 -3.7% |
| 2017 | $1,178 | $30,999 +3% |
| 2016 | $1,178 +2.1% | $30,096 |
| 2014 | $1,154 | $30,096 |
| 2013 | $1,154 | $30,096 -66.7% |
| 2011 | -- | $90,288 |
Find assessor info on the county website
Neighborhood: 87124
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Nearby schools
GreatSchools rating
- 5/10Puesta Del Sol Elementary SchoolGrades: K-5Distance: 1 mi
- 7/10Eagle Ridge Middle SchoolGrades: 6-8Distance: 3.6 mi
- 7/10Rio Rancho High SchoolGrades: 9-12Distance: 4.1 mi
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Estimated market value
$289,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$289,600
- New Mexico
- Sandoval County
- Rio Rancho
- 87124
- 416 1st St NE
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