Pending

Price cut: $24.1K (8/20)

$374,900

565 Lisbon Ave SE, Rio Rancho, NM 87124

4beds

2,993sqft

$2,421/mo

Get pre-qualified

Single Family Residence

Built in 1978

1.04 Acres Lot

$-- Zestimate^®

$125/sqft

$-- HOA

What's special

Private suiteStylish cabinetryFresh interior paintBright kitchenNewer roofDedicated home officeUpdated lighting

Welcome to this stunning home with tons of space inside and out! Situated on an expansive 1.04-acre lot, this beautifully refreshed Rio Rancho property has so much to offer. The flexible lower level features a separate entrance as well as being able to access it through the home and has a private suite, spacious living area, bedroom, and bath ideal for extended guests, a dedicated home office, or versatile flex space. Upstairs, enjoy a bright kitchen finished with stylish cabinetry, updated countertops, and stainless-steel appliances. Outstanding updates provide total peace of mind, including a newer roof, furnace, evaporative cooler, water heater, fresh interior paint, updated lighting, and septic. The massive acreage offers endless freedom for storage, outdoor projects, or building your dream backyard retreat. Perfectly located just minutes from neighborhood parks, major shopping, retail, and local dining!

24 days
3,011
291

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 1
3/4 bathrooms: 2

Primary bedroom

Level: Upper
Area: 168
Dimensions: 14 x 12

Kitchen

Level: Upper
Area: 247
Dimensions: 19 x 13

Living room

Level: Upper
Area: 247
Dimensions: 19 x 13

Heating

Forced Air

Cooling

Evaporative Cooling

Appliances

Included: Dishwasher, Free-Standing Gas Range, Microwave, Refrigerator
Laundry: Electric Dryer Hookup

Features

Main Level Primary
Flooring: Carpet, Tile, Vinyl
Windows: Double Pane Windows, Insulated Windows, Single Pane
Has basement: Yes
Has fireplace: No

Interior area

Total structure area: 2,993
Total interior livable area: 2,993 sqft
Finished area below ground: 1,508

Property

Parking

Total spaces: 2
Parking features: Garage
Garage spaces: 2

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Exterior features: Private Entrance

Lot

Size: 1.04 Acres

Details

Parcel number: 1010069516193
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: 1978

Utilities & green energy

Sewer: Septic Tank
Water: Public
Utilities for property: Electricity Connected

Green energy

Energy generation: None

Community & HOA

Community

Subdivision: Siesta Hills

Location

Region: Rio Rancho

Financial & listing details

Price per square foot: $125/sqft
Tax assessed value: $389,262
Annual tax amount: $4,676
Date on market: 8/7/2026
Cumulative days on market: 25 days
Listing terms: Cash,Conventional,FHA,VA Loan

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/26/2026	Pending sale	$374,900$125/sqft
Source: SWMLS #1108788 Report a problem
8/20/2026	Price change	$374,900-6%$125/sqft
Source: SWMLS #1108788 Report a problem
8/8/2026	Listed for sale	$399,000-9.3%$133/sqft
Source: SWMLS #1108788 Report a problem
2/11/2026	Listing removed	$439,900$147/sqft
Source: SWMLS #1094175 Report a problem
1/16/2026	Listed for sale	$439,900$147/sqft
Source: SWMLS #1094175 Report a problem
1/9/2026	Pending sale	$439,900$147/sqft
Source: SWMLS #1094175 Report a problem
11/27/2025	Price change	$439,900-2.2%$147/sqft
Source: SWMLS #1094175 Report a problem
11/7/2025	Listed for sale	$449,900$150/sqft
Source: SWMLS #1094175 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,528 +217%	$129,754 +227.4%
2024	$1,428 +2.6%	$39,633 +3%
2023	$1,392 +1.9%	$38,479 +3%
2022	$1,365 +0.8%	$37,358 +3%
2021	$1,355 +3%	$36,270 +3%
2020	$1,316 +2.3%	$35,214 +3%
2019	$1,286 +9.5%	$34,188 +3%
2018	$1,174 -4.1%	$33,193 +3%
2017	$1,224	$32,225 +3%
2016	$1,224 +2.1%	$31,287
2014	$1,199	$31,287
2013	$1,199	$31,287 -66.7%
2011	--	$93,862