4705 Palmas Altas Drive SE Rio Rancho, NM $ 254,000
4705 Palmas Altas Drive SE
$ 254,000
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4705 Palmas Altas Drive SE

Rio Rancho, NM, 87124
$ 254,000
Bedrooms3 Baths2.0 Sq 1,242

Monthly Estimate*

$ 1,564

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Single Family Home for sale in Rio Rancho, NM

for $254,000 with 3 bedrooms and 2 full baths. This 1,242 square foot home was built in 1976 on a lot size of 0.25.

Investor Special with Incredible Views!Set on a generous 0.25-acre lot, this 3-bedroom, 2-bath home offers breathtaking views and endless potential for the right buyer. The property is in need of a full renovation and plenty of TLC, making it a prime opportunity for investors, flippers, or buyers looking to create their dream home from the ground up. With a solid footprint, spacious lot, and stunning surroundings, this is your chance to add significant value and bring new life to a home in a truly special setting. Cash or renovation loans recommended.

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Single Family Active

Price

$ 254,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 1,383

Style

Lot Size

0.25

Year Built

1976

Town/City

Rio Rancho

County/Region

Sandoval

MLS | Web ID

1096661

Features
General
Sewer Public Sewer
Heating Central Forced Air
Cooling Evaporative Cooling
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Closing & Funding
Roof Flat Tar/Gravel
Garage Spaces 2
Architectural Style Pueblo
Construction Materials Concrete Stucco
Year Built 1976
Stories Count 1
Levels One
Property Subtype Detached
County Sandoval
New Construction false
Property Type Residential
Attached Garage true
Subdivision Name Corrales Heights
Facing Direction Southwest
Garage Y/N true
Green Energy Generation None
Other Structures Shed(s)
Full Baths 2
Status Active
Directions from I40 take I25 N to Paseo go west to 528 and head north. Go past Southern and make a right on Leon Grande Ave. Continue and make a right on Oreja De Oro DR and then make first left on Palmas Atlas DR. The hom will be on the left.
City Rio Rancho
Disclosures Lead Based Paint Disclosure RANM 2100 Disclosure
Zoning Description SU
MLS Area 150 - Rio Rancho MiD
Lot Size Square Feet 10890
Listing Terms Cash Conventional
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 1383
Property Condition Resale
Builder Name unknown
Standard Status Active
Year Built Source Appraiser
Property Sub Type Additional Detached
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Interior
Interior Amenities Main Level Primary
Flooring Laminate Tile
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Window Features Double Pane Windows Insulated Windows Single Pane
Fireplace Y/N false
Half Baths 0
3/4 Baths 0
Laundry Features Gas Dryer Hookup
Total Bedrooms 3
Total Baths 2
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Exterior
Exterior Amenities Fence Private Yard
Fencing Back Yard
Parking Features Attached Door-Multi Garage Two Car Garage
Water Source Public
Foundation Details Slab
Building Area Total 1242
Lot Size Acres 0.25
Private Pool false
Lot Size Source Appraiser
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* Excluded Features
List By
Brad Leigh Patton

Listing Agent

Talia Freedman And Co.

Broker

blpatton77@gmail.com

Email

Affordability Calculator

$1,679
Per Month
93%
7%
0%
Monthly Principal & Interest
$1,564
Monthly Property Taxes
$115
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/12/2026$254,000 Listed Price

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4705 Palmas Altas Drive SE, Rio Rancho, NM, 87124 is a Single Family Home for sale at $254,000 with 1,242 sqft and a lot size of 0.25. 4705 Palmas Altas Drive SE has 3 bedrooms, 2.0 baths, and was built in 1976. The property's zip code is 87124 which is in Rio Rancho, NM