For sale

$285,000

853 Waterfall Dr NE, Rio Rancho, NM 87144

3beds

1,885sqft

Est.:

Single Family Residence

Built in 2009

4,791.6 Square Feet Lot

$-- Zestimate^®

$151/sqft

$35/mo HOA

What's special

Functional layoutGenerous living spacesGreat natural light

Welcome to this spacious home in Rio Rancho featuring 3 bedrooms, 2.5 bathrooms, and a 2-car garage. With a functional layout, generous living spaces, and great natural light, this property offers incredible potential for homeowners and investors alike. The home does need new carpet and a few cosmetic updates, but it has been priced accordingly for a quick sale--making it a fantastic opportunity to add your personal touch and build instant equity. Whether you're looking for your next home or an investment property, this is a value-packed opportunity you won't want to miss. This home combines space, potential, and affordability in one great package. Schedule your showing today before it's gone

3 days

944

49

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

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

Primary bedroom

Level: Upper
Area: 196
Dimensions: 14 x 14

Kitchen

Level: Main
Area: 180
Dimensions: 15 x 12

Living room

Level: Main
Area: 180
Dimensions: 15 x 12

Heating

Combination

Cooling

Refrigerated

Appliances

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

Features

Breakfast Bar, Dual Sinks, Garden Tub/Roman Tub, Loft, Multiple Living Areas, Separate Shower, Walk-In Closet(s)
Flooring: Carpet, Tile
Windows: Bay Window(s)
Has basement: No
Has fireplace: No

Interior area

Total structure area: 1,885
Total interior livable area: 1,885 sqft

Property

Parking

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

Features

Levels: Two
Stories: 2
Exterior features: Private Entrance, Private Yard
Fencing: Wall

Lot

Size: 4,791.6 Square Feet
Features: Corner Lot, Planned Unit Development

Details

Parcel number: 1010073263453
Zoning description: R-1

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Stucco
Roof: Pitched,Shingle

Condition

Resale
New construction: No
Year built: 2009

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

Subdivision: Northern Meadows 12

HOA

Has HOA: Yes
HOA fee: $35 monthly

Location

Region: Rio Rancho

Financial & listing details

Price per square foot: $151/sqft
Tax assessed value: $182,839
Annual tax amount: $2,196
Date on market: 5/9/2026
Listing terms: Cash,Conventional,FHA

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
5/9/2026	Listed for sale	$285,000$151/sqft
Source: SWMLS #1103279 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,127 -0.3%	$60,946 +3%
2024	$2,133 +2.6%	$59,171 +3%
2023	$2,078 +1.9%	$57,448 +3%
2022	$2,039 +0.8%	$55,775 +3%
2021	$2,023 +3%	$54,151 +3%
2020	$1,964 +2.3%	$52,574 +3%
2019	$1,920 +9.5%	$51,043 +3%
2018	$1,753 -4.1%	$49,556 +3%
2017	$1,828	$48,113 +3%
2016	$1,828 -8.9%	$46,711 -10.7%
2014	$2,006	$52,327
2013	$2,006	$52,327 -66.7%
2011	--	$156,980