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    507 Palmas Altas Dr SE, Rio Rancho, NM 87124

    3beds
    1,691sqft
    Single Family Residence
    Built in 1978
    0.29 Acres Lot
    $359,000 Zestimate®
    $--/sqft
    $2,196 Estimated rent

    Home value

    $359,000

    $330,000 - $388,000

    $2,196/mo

    Zestimate® history
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    What's special

    Beautifully remodeled and move-in ready in the desirable Corrales Heights area of Rio Rancho! This stunning 3-bedroom, 2-bath home offers 1,691 sq ft of thoughtfully updated living space on a spacious .29-acre lot. Step inside to discover a fresh, modern feel with stylish upgrades throughout. The remodeled interior features an inviting floor plan filled with natural light, creating a warm and welcoming atmosphere. The updated kitchen and living areas flow seamlessly, making it perfect for both everyday living and entertaining. Spacious bedrooms provide comfort and flexibility for family, guests, or a home office. Situated on an oversized lot, the backyard offers endless possibilities -- from gardening and play areas to future customization. With its fresh updates, generous lot size

    Zillow last checked: 7 hours ago

    Listing updated: March 16, 2026 at 09:42am

    Listed by:

    Medina Real Estate Inc 505-375-2062,

    Keller Williams Realty

    Bought with:

    Vertical Real Estate

    LPT Realty

    Source: SWMLS,MLS#: 1098169MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: Main
    • Area: 193.05
    • Dimensions: 13.5 x 14.3
    Kitchen
    • Level: Main
    • Area: 174.27
    • Dimensions: 11.1 x 15.7
    Living room
    • Level: Main
    • Area: 237.07
    • Dimensions: 15.1 x 15.7
    Heating
    • Central, Forced Air
    Cooling
    • Refrigerated
    Appliances
    • Included: Dishwasher, Free-Standing Electric Range, Disposal, Refrigerator
    • Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
    Features
    • Breakfast Bar, Ceiling Fan(s), Family/Dining Room, Kitchen Island, Living/Dining Room, Main Level Primary, Tub Shower, Walk-In Closet(s)
    • Flooring: Carpet, Laminate
    • Windows: Sliding
    • Has basement: No
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 1,691
    • Total interior livable area: 1,691 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio
    • Exterior features: Patio
    Lot
    • Size: 0.29 Acres
    Details
    • Additional structures: Shed(s)
    • Parcel number: 1014069493029
    • Zoning description: R-1

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Brick Veneer, Frame, Stucco, Rock
    • Foundation: Slab
    • Roof: Pitched,Shingle
    Condition
    • Resale
    • New construction: No
    • Year built: 1978

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
    Green energy
    • Energy generation: None

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Location
    • Region: Rio Rancho
    • Subdivision: Corrales Heights

    Other

    Other facts
    • Listing terms: Cash,Conventional,VA Loan

    Price history

    DateEventPrice
    3/16/2026Sold--
    Source: SWMLS #1098169 Report a problem
    2/15/2026Pending sale$359,000$212/sqft
    Source: SWMLS #1098169 Report a problem
    2/11/2026Listed for sale$359,000+94.1%$212/sqft
    Source: SWMLS #1098169 Report a problem
    1/9/2026Sold--
    Source: SWMLS #1096144 Report a problem
    12/31/2025Pending sale$185,000$109/sqft
    Source: SWMLS #1096144 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,440 -0.1%$43,276 +3%
    2024$1,442 +2.8%$42,016 +3%
    2023$1,403 +2.1%$40,791 +3%

    Find assessor info on the county website

    Neighborhood: 87124

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $359,000
    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
    $359,000