WOW--THIS is the spacious Northern Meadows home you've been waiting for! Three living areas, a huge primary suite and an incredible backyard backing arroyo open space are just the beginning of what makes this DR Horton treasure special. With room to spread out, the home features a spacious upstairs loft plus formal and informal dining areas. The oversized primary suite is a true retreat with vaulted ceilings, walk-in closet and private bath featuring dual sinks, garden soaking tub, separate shower and water closet. You'll love the handsome wrought-iron and wood stairway banister, upgraded entry door with glass insert, cozy easy-care gas fireplace, convenient under-stair storage and energy-saving vinyl thermal windows throughout with 2'' white blinds. The kitchen comes ready to enjoy with stainless steel refrigerator, gas range, microwave and dishwasher, while tile and upgraded LVP flooring mean NO CARPET downstairs! Even the washer and dryer stay to help keep move-in expenses down.Step outside and discover a backyard made for relaxing and entertaining! Gorgeous mature landscaping surrounds a covered patio and separate enchanting pergola, with hot-tub prewiring already in place. Block walls add privacy, while the home backs directly to arroyo open space with no immediate rear neighbor--creating a wonderfully private setting that can be hard to find. With 4 bedrooms, 2 full baths plus a half bath, 3 living spaces and so many desirable extras already included, you owe it to yourself to see this Northern Meadows home today!
Foreclosure
$339,500
721 Valley Meadows Dr NE, Rio Rancho, NM 87144
4beds
2,333sqft
Single Family Residence
Built in 2004
5,227 Square Feet Lot
$338,500 Zestimate®
$146/sqft
$65/mo HOA
What's special
Cozy easy-care gas fireplaceSpacious upstairs loftGarden soaking tubConvenient under-stair storageHuge primary suiteOversized primary suiteWalk-in closet
- 6 days
- 476
- 73
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Remington Properties LLC 505-977-2004,
Realty One of New Mexico 505-883-9400
Source: SWMLS,MLS#: 1111978
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Central, Natural Gas
Cooling
- Evaporative Cooling
Appliances
- Included: Dryer, Dishwasher, Free-Standing Gas Range, Microwave, Refrigerator, Washer
- Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Features
- Breakfast Area, Ceiling Fan(s), Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Garden Tub/Roman Tub, Multiple Living Areas, Pantry, Tub Shower, Water Closet(s), Walk-In Closet(s)
- Flooring: Carpet, Laminate, Tile
- Windows: Thermal Windows
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Gas Log
Interior area
- Total structure area: 2,333
- Total interior livable area: 2,333 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage
- Attached garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Patio
Lot
- Size: 5,227 Square Feet
- Features: Landscaped, Planned Unit Development
Details
- Additional structures: Pergola
- Parcel number: 1010073133370
- Zoning description: R-1
- Special conditions: Real Estate Owned
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame, Stucco
- Foundation: Slab
- Roof: Pitched,Shingle
Condition
- Resale
- New construction: No
- Year built: 2004
Details
- Builder name: Dr Horton
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 & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Northern Meadows 10
HOA
- Has HOA: Yes
- Services included: Common Areas, Maintenance Grounds
- HOA fee: $65 monthly
- HOA name: Northern Meadows Poa / Managed By Hoamco
- HOA phone: 505-888-4479
Location
- Region: Rio Rancho
Financial & listing details
- Price per square foot: $146/sqft
- Tax assessed value: $316,364
- Annual tax amount: $3,800
- Date on market: 10/4/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Foreclosure details
Estimated market value
$338,500
$322,000 - $355,000
$1,992/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/25/2025 | Listing removed | $2,449$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/18/2025 | Price change | $2,449-2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/6/2025 | Price change | $2,499-3.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/4/2025 | Listed for rent | $2,599+13.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/31/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/8/2023 | Price change | $2,295-5.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/17/2023 | Listed for rent | $2,420$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/17/2022 | Sold | -- |
Source:  SWMLS #219009_1007617 Report a problem | ||
| 1/25/2022 | Pending sale | $285,000$122/sqft |
Source: SWMLS #1007617 Report a problem | ||
| 1/22/2022 | Listed for sale | $285,000+58.3%$122/sqft |
Source: SWMLS #1007617 Report a problem | ||
| 1/29/2015 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 10/27/2014 | Listing removed | $180,000$77/sqft |
Source: Keller Williams Realty #826096 Report a problem | ||
| 10/8/2014 | Price change | $180,000+2.9%$77/sqft |
Source: Keller Williams Realty #826096 Report a problem | ||
| 5/29/2014 | Listed for sale | $175,000-7.4%$75/sqft |
Source: Coldwell Banker Legacy #815862 Report a problem | ||
| 6/11/2013 | Listing removed | $189,000$81/sqft |
Source: Coldwell Banker Legacy #755793 Report a problem | ||
| 4/5/2013 | Listed for sale | $189,000$81/sqft |
Source: Coldwell Banker Legacy #755793 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,680 -0.3% | $105,455 +3% |
| 2024 | $3,690 0% | $102,383 +0.3% |
| 2023 | $3,691 +74.3% | $102,052 +76.1% |
| 2022 | $2,118 +0.8% | $57,941 +3% |
| 2021 | $2,102 +3% | $56,253 +3% |
| 2020 | $2,041 +2.3% | $54,615 +3% |
| 2019 | $1,995 +9.5% | $53,024 +3% |
| 2018 | $1,821 -4.1% | $51,480 +3% |
| 2017 | $1,899 | $49,981 +3% |
| 2016 | $1,899 +25% | $48,525 +22.5% |
| 2014 | $1,519 | $39,624 |
| 2013 | $1,519 | $39,624 -64.6% |
| 2011 | -- | $112,038 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Northern Meadows
Nearby schools
Schools provided by the listing agent
- High: V. Sue Cleveland
Source: SWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $300,1003 bd2 ba1.3k sqft717 Valley Meadows Dr NE, Rio Rancho, NM 87144Off Market
- $--4 bd3 ba1.9k sqft725 Valley Meadows Dr NE, Rio Rancho, NM 87144Sold
- $316,5003 bd2 ba1.6k sqft713 Valley Meadows Dr NE, Rio Rancho, NM 87144Off Market
- $306,3003 bd2 ba1.6k sqft729 Valley Meadows Dr NE, Rio Rancho, NM 87144Off Market
Similar homes
- $335,0004 bd2 ba1.6k sqft617 Sunny Meadows Dr NE, Rio Rancho, NM 87144For Sale
MLS ID #1111530, Mark Omlor, Realty One of New Mexico. SWMLS - $329,0003 bd2 ba1.6k sqft3727 Oasis Springs Rd NE, Rio Rancho, NM 87144For Sale
MLS ID #1107706, Mark Isaiah Escajeda, Gilly Lopez Group. SWMLS - $359,9004 bd3 ba2.2k sqft1813 Sierra Norte Loop NE, Rio Rancho, NM 87144For Sale
MLS ID #1106562, Elizabeth S Russo, Coldwell Banker Legacy. SWMLS - $325,0003 bd3 ba1.5k sqft1833 Strawberry Dr NE, Rio Rancho, NM 87144For Sale
MLS ID #1110390, Seth Abeyta, Realty One of New Mexico. SWMLS
