For sale

$425,000

742 Ivory Rd SE, Rio Rancho, NM 87124

3beds

2,049sqft

Est.:

Single Family Residence

Built in 1985

0.5 Acres Lot

$417,500 Zestimate^®

$207/sqft

$-- HOA

What's special

Discover the charm & warmth of true Southwestern living in this beautiful home nestled in a spacious half-acre lot, this property offers stunning mountain views & the space & privacy you've been looking for.Step inside to a breathtaking living room with high ceilings that create an open, airy feel filled with natural light--perfect for relaxing evenings or entertaining guests. The home features refrigerated air, 2 car garage & a thoughtfully designed layout that blends comfort with style.Outdoors, you'll find a beautifully maintained backyard with plenty of room to enjoy the scenery, host gatherings, or simply unwind. A cozy enclosed courtyard adds a unique touch, offering a private space to enjoy morning coffee or peaceful evenings..You have to see it to fully appreciate it!

12 days

1,488

109

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Level: Main
Area: 270
Dimensions: 18 x 15

Kitchen

Level: Main
Area: 117
Dimensions: 13 x 9

Living room

Level: Main
Area: 420
Dimensions: 21 x 20

Heating

Central, Forced Air, Natural Gas

Cooling

Refrigerated

Appliances

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

Features

Beamed Ceilings, Breakfast Bar, Ceiling Fan(s), Family/Dining Room, High Ceilings, Jetted Tub, Living/Dining Room, Main Level Primary, Pantry, Skylights, Water Closet(s), Walk-In Closet(s)
Flooring: Carpet, Tile, Vinyl
Windows: Thermal Windows, Skylight(s)
Has basement: No
Has fireplace: No

Interior area

Total structure area: 2,049
Total interior livable area: 2,049 sqft

Property

Parking

Total spaces: 2
Parking features: Attached, Garage, Garage Door Opener, Storage
Attached garage spaces: 2

Features

Levels: One
Stories: 1
Patio & porch: Open, Patio
Exterior features: Private Yard

Lot

Size: 0.5 Acres
Features: Lawn, Landscaped

Details

Parcel number: 1010068370506
Zoning description: R-1

Construction

Type & style

Home type: SingleFamily
Architectural style: Pueblo
Property subtype: Single Family Residence

Materials

Frame, Stucco
Roof: Tar/Gravel

Condition

Resale
New construction: No
Year built: 1985

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected

Green energy

Energy generation: None

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: Cedar Hills

Location

Region: Rio Rancho

Financial & listing details

Price per square foot: $207/sqft
Tax assessed value: $329,339
Annual tax amount: $3,956
Date on market: 2/7/2026
Listing terms: Cash,Conventional,FHA,VA Loan
Road surface type: Paved

Estimated market value

$417,500

$397,000 - $438,000

$2,226/mo

Price history

Date	Event	Price
2/11/2026	Listed for sale	$425,000+30.8%$207/sqft
Source: SWMLS #1098015 Report a problem
7/13/2022	Sold	--
Source: SWMLS #1016273 Report a problem
6/10/2022	Pending sale	$325,000$159/sqft
Source: SWMLS #1016273 Report a problem
6/10/2022	Listed for sale	$325,000+35.4%$159/sqft
Source: SWMLS #1016273 Report a problem
11/19/2020	Sold	--
Source: SWMLS #978415 Report a problem
10/16/2020	Pending sale	$240,000$117/sqft
Source: Property Partners Inc. #978415 Report a problem
10/14/2020	Listed for sale	$240,000$117/sqft
Source: Property Partners Inc. #978415 Report a problem
10/5/2020	Pending sale	$240,000$117/sqft
Source: Property Partners Inc. #978415 Report a problem
10/3/2020	Listed for sale	$240,000$117/sqft
Source: Property Partners Inc. #978415 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,831 -0.3%	$109,780 +3%
2024	$3,841 +2.6%	$106,582 +3%
2023	$3,742 +32.5%	$103,478 +24.3%
2022	$2,824 -6.5%	$83,266 +3%
2021	$3,020 +79.8%	$80,841 +79.8%
2020	$1,680 +18.6%	$44,952 +3%
2019	$1,416 +6.3%	$43,644
2018	$1,332 -23.4%	$43,644 -13.5%
2017	$1,739	$50,428
2016	$1,739 +2.1%	$50,428
2014	$1,703	$50,428 +13.5%
2013	$1,703	$44,428 -70.6%
2011	--	$151,284