242 Spectrum Avenue SW Rio Rancho, NM $ 372,780
242 Spectrum Avenue SW
$ 372,780
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242 Spectrum Avenue SW

Rio Rancho, NM, 87124
$ 372,780
Bedrooms3 Baths2.0 Sq 1,588

Monthly Estimate*

$ 2,326

242 Spectrum Avenue SW, Rio Rancho, NM 87124 - Image 1
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Single Family Home for sale in Rio Rancho, NM

for $372,780 with 3 bedrooms and 2 full baths. This 1,588 square foot home was built in 2025 on a lot size of 0.12.

Tired of paying rent? Invest in a new home at Rainbow Canyon - Rio Rancho's newest community minutes from shopping. Rainbow Canyon offers ''life-tested'' modern floor plans at an affordable price designed to enhance your evolving lifestyle. The Verbena is an open 3 bed 2 bath home. It is filled with beautiful finishes, a covered patio and plenty of natural light. Centex plans feature openness and high energy-efficiency designs to boast livability and savings on utility bills! Enjoy a stunning kitchen complete with stainless steel appliances, tons of cabinet space, and a walk-in pantry, including a side-by-side refrigerator, granite countertops, and 15'' x 15'' tile in wet areas.

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Single Family Pending

Price

$ 372,780

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 4,404

Style

Lot Size

0.12

Year Built

2025

Town/City

Rio Rancho

County/Region

Sandoval

MLS | Web ID

1091739

Features
General
Sewer Public Sewer
Heating Central Forced Air Natural Gas
Cooling Central Air
Utilities Cable Available Electricity Connected Natural Gas Connected Phone Available Underground Utilities Water Connected
Possession Closing & Funding
Roof Pitched Shingle
Appliances Dishwasher ENERGY STAR Qualified Appliances Free-Standing Gas Range Disposal Microwave Refrigerator
HOA Fee 45
Garage Spaces 2
Association Fee Includes Common Areas Road Maintenance
Patio/Porch Features Covered Patio
Architectural Style Ranch
Security Features Smoke Detector(s)
Construction Materials Frame Synthetic Stucco
Year Built 2025
Electric None
Stories Count 1
Levels One
Property Subtype Detached
Community Features Common Grounds/Area
Accessibility None
Assoc Fee Paid Per Monthly
County Sandoval
Property Type Residential
HOA true
Attached Garage true
Energy Efficient Windows
Subdivision Name Rainbow Canyon
Facing Direction North
Garage Y/N true
Green Energy Generation None
Green Water Conservation Water-Smart Landscaping
Full Baths 1
Status Pending
Directions From I-25: Travel North on I-25 toward NM-423 Paseo del Norte Take exit 232 for NM-423 and keep left toward Paseo del Norte Continue straight onto Paseo del Norte Turn right onto Unser Blvd Follow Unser Blvd to Southern Blvd and turn left continue straight on Southern and turn Right on Rainbow Blvd continue down Rainbow Blvd and Rainbow Canyon will be on your left.
High School Rio Rancho
City Rio Rancho
Disclosures RANM 2100 Disclosure
Zoning Description R-1
Number Of Units Total 0
MLS Area 152 - Rio Rancho Mid-West
Lot Size Square Feet 5096
Listing Terms Cash Conventional FHA VA Loan
Mobile Width 0
Mobile Length 0
Elementary School Puesta Del Sol
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 4404
Middle/Junior High School Eagle Ridge
Property Condition Under Construction
Builder Name Centex
Standard Status Pending
Property Sub Type Additional Detached
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Interior
Interior Amenities High Speed Internet Main Level Primary Pantry Shower Only Separate Shower Cable TV Walk-In Closet(s)
Flooring Carpet Tile
Total Fireplaces 0
Fireplace Features Gas Log
Total Stories 0
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Window Features Double Pane Windows Insulated Windows Low-Emissivity Windows Vinyl
Fireplace Y/N false
Half Baths 0
3/4 Baths 1
Laundry Features Electric Dryer Hookup
Total Bedrooms 3
Entry Level 0
Total Baths 2
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Exterior
Exterior Amenities Private Yard Sprinkler/Irrigation Landscaping
Fencing Wall
Parking Features Attached Garage
Lot Features Landscaped Planned Unit Development Xeriscape
Water Source Public
Building Area Total 1588
Lot Size Acres 0.12
Road Surface Type Paved
Private Pool false
Lot Size Source Public Records
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* Excluded Features
List By
Wade Messenger

Listing Agent

Pulte Homes Of New Mexico

Broker

wade.messenger@pulte.com

Email

Affordability Calculator

$2,693
Per Month
86%
14%
0%
Monthly Principal & Interest
$2,326
Monthly Property Taxes
$367
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
537088 Elementary School
537164 Middle School
Rio Rancho High School High School
Pricing History
DatePricePrice ChangeDescription
9/24/2025$372,780 -0.27% Price Down
9/22/2025$373,780 Listed Price

Map


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242 Spectrum Avenue SW, Rio Rancho, NM, 87124 is a Single Family Home for sale at $372,780 with 1,588 sqft and a lot size of 0.12. 242 Spectrum Avenue SW has 3 bedrooms, 2.0 baths, and was built in 2025. The property's zip code is 87124 which is in Rio Rancho, NM