Pending
$359,000
3beds
1,691sqft
507 Palmas Altas Dr SE, Rio Rancho, NM 87124
3beds
1,691sqft
Single family residence
Built in 1978
0.29 Acres
2 Attached garage spaces
$212 price/sqft
What's special
Fresh modern feelStylish upgrades throughoutBeautifully remodeledWarm and welcoming atmosphereUpdated kitchenBackyard offers endless possibilitiesOversized lot
Beautifully remodeled and move-in ready in the desirable Corrales Heights area of Rio Rancho! This stunning 3-bedroom, 2-bath home offers 1,691 sq ft of thoughtfully updated living space on a spacious .29-acre lot. Step inside to discover a fresh, modern feel with stylish upgrades throughout. The remodeled interior features an inviting ...
- 25 days |
- 928 |
- 86 |
Source: SWMLS,MLS#: 1098169
Travel times
Living Room
Kitchen
Primary Bedroom
Zillow last checked: 7 hours ago
Listing updated: February 16, 2026 at 09:59am
Listed by:
Medina Real Estate Inc 505-375-2062,
Keller Williams Realty 505-375-2062
Source: SWMLS,MLS#: 1098169
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: Main
- Area: 193.05
- Dimensions: 13.5 x 14.3
Kitchen
- Level: Main
- Area: 174.27
- Dimensions: 11.1 x 15.7
Living room
- Level: Main
- Area: 237.07
- Dimensions: 15.1 x 15.7
Heating
- Central, Forced Air
Cooling
- Refrigerated
Appliances
- Included: Dishwasher, Free-Standing Electric Range, Disposal, Refrigerator
- Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Features
- Breakfast Bar, Ceiling Fan(s), Family/Dining Room, Kitchen Island, Living/Dining Room, Main Level Primary, Tub Shower, Walk-In Closet(s)
- Flooring: Carpet, Laminate
- Windows: Sliding
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 1,691
- Total interior livable area: 1,691 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: Patio
Lot
- Size: 0.29 Acres
Details
- Additional structures: Shed(s)
- Parcel number: 1014069493029
- Zoning description: R-1
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick Veneer, Frame, Stucco, Rock
- Foundation: Slab
- Roof: Pitched,Shingle
Condition
- Resale
- New construction: No
- Year built: 1978
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: Corrales Heights
Location
- Region: Rio Rancho
Financial & listing details
- Price per square foot: $212/sqft
- Tax assessed value: $129,827
- Annual tax amount: $1,487
- Date on market: 2/11/2026
- Cumulative days on market: 25 days
- Listing terms: Cash,Conventional,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 2/15/2026 | Pending sale | $359,000$212/sqft |
Source:  SWMLS #1098169 Report a problem | ||
| 2/11/2026 | Listed for sale | $359,000+94.1%$212/sqft |
Source: SWMLS #1098169 Report a problem | ||
| 1/9/2026 | Sold | -- |
Source: SWMLS #1096144 Report a problem | ||
| 12/31/2025 | Pending sale | $185,000$109/sqft |
Source: SWMLS #1096144 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,440 -0.1% | $43,276 +3% |
| 2024 | $1,442 +2.8% | $42,016 +3% |
| 2023 | $1,403 +2.1% | $40,791 +3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,972/mo
Principal & interest
$1745
Property taxes
$227
Estimated market value
$357,900
$340,000 - $376,000
$2,199/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.
Neighborhood: 87124
Nearby schools
GreatSchools rating
- 5/10Rio Rancho Elementary SchoolGrades: K-5Distance: 0.3 mi
- 7/10Rio Rancho Middle SchoolGrades: 6-8Distance: 2.6 mi
- 7/10Rio Rancho High SchoolGrades: 9-12Distance: 2 mi