540 Silver Saddle Rd SE Rio Rancho, NM 87124
Western Hills NeighborhoodEstimated payment $2,219/month
Highlights
- Very Popular Property
- Private Pool
- A-Frame Home
- Maggie Cordova Elementary School Rated A-
- Solar Power System
- Wood Flooring
About This Home
Beautifully maintained 3 bed, 2 bath home + office with in-ground pool and paid-off solar in the desirable Western Hills area of Rio Rancho. Over 2,100 sq ft with an open layout, granite kitchen countertops, and an oversized primary suite with updated bath. Recent upgrades include newer dishwasher, hot water heater, and 2025 swamp cooler. Backyard features a well-kept in-ground pool and a large detached shed ideal for storage or workspace. One of only two homes under $500K in ABQ/Rio Rancho with a pool. Appraised at $410K in October strategically priced at $380K to encourage strong early activity. Conveniently located near Southern & Unser, close to schools and shopping, yet tucked in a quiet established neighborhood.
Listing Agent
Elevate New Mexico Realty License #REC20230633 Listed on: 10/30/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,714
Year Built
- Built in 1983
Lot Details
- 9,583 Sq Ft Lot
- South Facing Home
- Back Yard Fenced
- Landscaped
- Lawn
Parking
- 2 Car Attached Garage
Home Design
- A-Frame Home
- Brick Exterior Construction
- Frame Construction
- Shingle Roof
- Stucco
Interior Spaces
- 2,101 Sq Ft Home
- Property has 1 Level
- Ceiling Fan
- Gas Log Fireplace
- Double Pane Windows
- Insulated Windows
- Electric Dryer Hookup
Flooring
- Wood
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
Utilities
- Evaporated cooling system
- Forced Air Heating System
- Natural Gas Connected
- Cable TV Available
Additional Features
- Solar Power System
- Private Pool
Community Details
- Western Hills Subdivision
- Planned Unit Development
Listing and Financial Details
- Assessor Parcel Number 1-011-069-425-099
Map
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 |
|---|---|---|---|---|
| 2025 | $2,633 | $77,294 | $11,747 | $65,547 |
| 2024 | $2,590 | $75,044 | $11,120 | $63,924 |
| 2023 | $2,590 | $72,858 | $10,365 | $62,493 |
| 2022 | $2,512 | $70,736 | $9,780 | $60,956 |
| 2021 | $2,491 | $68,676 | $9,780 | $58,896 |
| 2020 | $2,416 | $66,676 | $0 | $0 |
| 2019 | $2,509 | $68,700 | $0 | $0 |
| 2018 | $1,207 | $36,111 | $0 | $0 |
| 2017 | $1,225 | $35,060 | $0 | $0 |
| 2016 | $1,372 | $35,060 | $0 | $0 |
| 2014 | $1,326 | $35,060 | $0 | $0 |
| 2013 | -- | $35,060 | $8,378 | $26,682 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/19/2025 11/19/25 | Pending | -- | -- | -- | |
| 10/31/2025 10/31/25 | For Sale | $380,000 | +65.9% | $181 / Sq Ft | |
| 04/26/2018 04/26/18 | Sold | -- | -- | -- | View Prior Sale |
| 03/04/2018 03/04/18 | Pending | -- | -- | -- | |
| 02/28/2018 02/28/18 | For Sale | $229,000 | -- | $110 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Stewart Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $193,000 | New Conventional |
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)
MLS Number: 1093775
APN: 1-011-069-425-099
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