1200 38th St SE Rio Rancho, NM 87124
Estimated payment $1,801/month
Total Views
4,168
3
Beds
2
Baths
1,388
Sq Ft
$209
Price per Sq Ft
Highlights
- Hot Property
- Corner Lot
- Multiple Living Areas
- Rio Rancho Elementary School Rated A-
- Private Yard
- Covered Patio or Porch
About This Home
Enjoy the best of Rio Rancho living in this 3-bedroom, 2-bath home on a generous 1/3-acre lot. The split floorplan means the primary suite is tucked away for ultimate privacy, featuring a newly renovated bathroom. Newer LVT flooring, fresh neutral paint, and an updated evaporative cooler (2021) add modern comfort throughout. The backyard offers endless possibilities--RV parking, gardening, entertaining, or simply relaxing under the New Mexico sun. A shed provides extra storage, and the septic was replaced in 2021. No HOA and plenty of potential--schedule your showing today!
Listing Agent
Momentum Real Estate Group License #REC20250485 Listed on: 08/21/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,638
Year Built
- Built in 1972
Lot Details
- 0.34 Acre Lot
- Southwest Facing Home
- Private Entrance
- Corner Lot
- Private Yard
- Zoning described as RRA
Home Design
- Slab Foundation
- Shingle Roof
- Stucco
Interior Spaces
- 1,388 Sq Ft Home
- Property has 1 Level
- Ceiling Fan
- Single Hung Metal Windows
- Multiple Living Areas
- Laminate Flooring
- Fire and Smoke Detector
- Washer and Dryer Hookup
Kitchen
- Free-Standing Gas Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- Shower Only
- Separate Shower
Outdoor Features
- Covered Patio or Porch
- Shed
Schools
- Rio Rancho Elementary School
- Rio Rancho Mid High Middle School
- Rio Rancho High School
Utilities
- Evaporated cooling system
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Connected
- Septic Tank
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number R032204
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,522 | $71,063 | $15,000 | $56,063 |
| 2023 | $2,522 | $68,994 | $15,000 | $53,994 |
| 2022 | $2,448 | $66,984 | $15,000 | $51,984 |
| 2021 | $541 | $20,483 | $4,126 | $16,357 |
| 2020 | $541 | $20,483 | $0 | $0 |
| 2019 | $545 | $20,483 | $0 | $0 |
| 2018 | $512 | $20,483 | $0 | $0 |
| 2017 | $506 | $20,482 | $0 | $0 |
| 2016 | $567 | $20,482 | $0 | $0 |
| 2014 | $548 | $20,482 | $0 | $0 |
| 2013 | -- | $11,458 | $9,106 | $2,352 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/21/2025 08/21/25 | For Sale | $290,000 | +52.6% | $209 / Sq Ft |
| 09/02/2021 09/02/21 | Sold | -- | -- | -- |
| 07/04/2021 07/04/21 | Pending | -- | -- | -- |
| 07/02/2021 07/02/21 | For Sale | $190,000 | -- | $141 / Sq Ft |
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Old Republic Natl Ttl Ins Co | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $180,500 | New Conventional | |
| Previous Owner | $87,647 | VA |
Source: Public Records
About the Listing Agent
Maggie Henderson is the owner and qualifying broker of Momentum Real Estate Group and a lifelong New Mexico resident with a deep love for the land, people, and properties that make this region unique. Based in Corrales, she specializes in rural homes, luxury estates, and equestrian properties—guiding clients who want more than just a house, but a lifestyle.
With a reputation for clear communication, local expertise, and results-driven service, Maggie helps buyers, sellers, and
Margaret's Other Listings
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)
MLS Number: 1090123
APN: 1-013-068-320-219
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