Great corner property located the heart of Rio Rancho. With your special touch this home could be a great opportunity for some sweat equity for a home owner, or a financial opportunity for an investor. This home offers 2 orginal bedrooms with a possiblity of 4 bedooms. The carport conversion does have plumbing for kitchen and bath.
Foreclosure
$229,900
806 El Olmo Ct SE, Rio Rancho, NM 87124
3beds
1,637sqft
Single Family Residence
Built in 1973
10,454.4 Square Feet Lot
$224,600 Zestimate®
$140/sqft
$-- HOA
What's special
Corner property
- 112 days |
- 3,300 |
- 91 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: February 27, 2026 at 11:29am
Listed by:
Donna Zamora 505-379-2111,
Home Experts Real Estate 505-379-2111
Source: SWMLS,MLS#: 1095212
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Primary bedroom
- Level: Main
- Area: 169
- Dimensions: 13 x 13
Kitchen
- Level: Main
- Area: 143
- Dimensions: 13 x 11
Living room
- Level: Main
- Area: 392
- Dimensions: 28 x 14
Heating
- Natural Gas, Wall Furnace
Appliances
- Laundry: Electric Dryer Hookup
Features
- Main Level Primary
- Flooring: Laminate
- Windows: Metal
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,637
- Total interior livable area: 1,637 sqft
Property
Features
- Levels: One
- Stories: 1
- Exterior features: Private Entrance
Lot
- Size: 10,454.4 Square Feet
- Features: Corner Lot
Details
- Parcel number: R095587, 0095587
- Zoning description: Y11
- Special conditions: Real Estate Owned
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame
- Roof: Pitched
Condition
- Resale
- New construction: No
- Year built: 1973
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: None
Green energy
- Energy generation: None
Community & HOA
Community
- Subdivision: Corrales Heights
Location
- Region: Rio Rancho
Financial & listing details
- Price per square foot: $140/sqft
- Tax assessed value: $116,838
- Annual tax amount: $1,403
- Date on market: 12/2/2025
- Cumulative days on market: 112 days
- Listing terms: Cash
Foreclosure details
Estimated market value
$224,600
$213,000 - $236,000
$2,204/mo
Price history
Price history
Price history is unavailable.
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,359 -0.3% | $38,946 +3% |
| 2024 | $1,363 +2.6% | $37,812 +3% |
| 2023 | $1,328 +16.9% | $36,710 +18.1% |
| 2022 | $1,136 +0.8% | $31,074 +3% |
| 2021 | $1,127 +3% | $30,169 +3% |
| 2020 | $1,094 +2.3% | $29,291 +3% |
| 2019 | $1,070 +9.5% | $28,437 +3% |
| 2018 | $977 -6.9% | $27,609 +3% |
| 2017 | $1,049 | $26,806 |
| 2016 | $1,049 +2.1% | $26,806 |
| 2014 | $1,028 | $26,806 +11.6% |
| 2013 | $1,028 | $24,025 -69.2% |
| 2011 | -- | $78,075 |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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Neighborhood: 87124
Nearby schools
GreatSchools rating
- 5/10Rio Rancho Elementary SchoolGrades: K-5Distance: 0.3 mi
- 7/10Rio Rancho Middle SchoolGrades: 6-8Distance: 2.8 mi
- 7/10Rio Rancho High SchoolGrades: 9-12Distance: 1.9 mi
Local experts in 87124
- New Mexico
- Sandoval County
- Rio Rancho
- 87124
- 806 El Olmo Ct SE
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