BETTER THAN NEW! Built in 2023, this meticulously upgraded, move in ready single-story residence offers an open concept floor plan with 2 bedrooms & 2 bathrooms. Featuring premium finishes, including upgraded stainless steel appliances, granite countertops, kitchen island, tankless water heater & energy efficient HVAC system. Experience the convenience of new construction without the wait, PLUS finished backyard with decorative rock & flagstone, custom blinds, counter depth SS refrigerator, rain gutters, storm door, designer cabinet handles & pull-out shelves, ceiling fans, security system with doorbell camera, washer & dryer. Living Room Sofa, Loveseat and Rug included!Enjoy lower taxes with no PID fees.
For sale
Price cut: $6K (2/11)
$334,000
166 Spectrum Ave SW, Rio Rancho, NM 87124
2beds
1,239sqft
Est.:
Single Family Residence
Built in 2023
5,227.2 Square Feet Lot
$332,600 Zestimate®
$270/sqft
$45/mo HOA
What's special
Storm doorRain guttersMeticulously upgradedPremium finishesEnergy efficient hvac systemOpen concept floor planKitchen island
- 15 days |
- 620 |
- 19 |
Zillow last checked: 8 hours ago
Listing updated: February 14, 2026 at 04:17pm
Listed by:
Katherine Fox 505-226-2746,
Coldwell Banker Legacy 505-892-1000
Source: SWMLS,MLS#: 1097852
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Primary bedroom
- Level: Main
- Area: 167.67
- Dimensions: 11.5 x 14.58
Bedroom 2
- Level: Main
- Area: 115.92
- Dimensions: 10.08 x 11.5
Kitchen
- Level: Main
- Area: 100
- Dimensions: 10 x 10
Living room
- Level: Main
- Area: 176.13
- Dimensions: 12.08 x 14.58
Heating
- Central, ENERGY STAR Qualified Equipment, Forced Air
Cooling
- Refrigerated
Appliances
- Included: Dryer, Dishwasher, Free-Standing Gas Range, Disposal, Microwave, Refrigerator, Washer
- Laundry: Electric Dryer Hookup
Features
- Breakfast Bar, Ceiling Fan(s), Kitchen Island, Main Level Primary, Pantry, Shower Only, Separate Shower, Walk-In Closet(s)
- Flooring: Carpet, Tile
- Windows: Double Pane Windows, Insulated Windows, Low-Emissivity Windows, Sliding, Vinyl
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,239
- Total interior livable area: 1,239 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage, Garage Door Opener
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio
- Exterior features: Private Yard, Smart Camera(s)/Recording, Sprinkler/Irrigation
- Fencing: Wall
Lot
- Size: 5,227.2 Square Feet
- Features: Landscaped, Xeriscape
Details
- Parcel number: 1009069145224
- Zoning description: R-1
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Frame, Synthetic Stucco
- Roof: Pitched,Shingle
Condition
- Resale
- New construction: No
- Year built: 2023
Details
- Builder name: Pulte/Centex Homes
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Not Available, Sewer Connected, Underground Utilities, Water Connected
Green energy
- Energy generation: None
- Water conservation: Water-Smart Landscaping
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Rainbow Subdivision Phase 1
HOA
- Has HOA: Yes
- Services included: Common Areas
- HOA fee: $45 monthly
- HOA name: Aam
- HOA phone: 505-856-1212
Location
- Region: Rio Rancho
Financial & listing details
- Price per square foot: $270/sqft
- Tax assessed value: $314,633
- Annual tax amount: $3,707
- Date on market: 2/5/2026
- Cumulative days on market: 14 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Estimated market value
$332,600
$316,000 - $349,000
$2,069/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/11/2026 | Price change | $334,000-1.8%$270/sqft |
Source:  SWMLS #1097852 Report a problem | ||
| 2/5/2026 | Listed for sale | $340,000-0.6%$274/sqft |
Source: SWMLS #1097852 Report a problem | ||
| 4/15/2025 | Listing removed | $342,000$276/sqft |
Source: SWMLS #1074073 Report a problem | ||
| 2/4/2025 | Price change | $342,000-0.8%$276/sqft |
Source: SWMLS #1074073 Report a problem | ||
| 12/10/2024 | Price change | $344,900-0.9%$278/sqft |
Source: SWMLS #1074073 Report a problem | ||
| 11/16/2024 | Listed for sale | $348,000$281/sqft |
Source: SWMLS #1074073 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,590 -3.6% | $104,878 +1.5% |
| 2024 | $3,725 +272.7% | $103,356 +330.7% |
| 2023 | $999 +59.8% | $24,000 +60% |
| 2022 | $626 | $15,000 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,979/mo
Principal & interest
$1722
Property taxes
$212
HOA Fees
$45
Climate risks
Neighborhood: 87124
Nearby schools
GreatSchools rating
- 5/10Puesta Del Sol Elementary SchoolGrades: K-5Distance: 1.1 mi
- 7/10Eagle Ridge Middle SchoolGrades: 6-8Distance: 3.6 mi
- 7/10Rio Rancho High SchoolGrades: 9-12Distance: 4.1 mi
Schools provided by the listing agent
- Elementary: Puesta Del Sol
- Middle: Eagle Ridge
- High: Rio Rancho
Source: SWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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