For sale

Price cut: $6K (6/10)

$358,000

126 Spectrum Ave SW, Rio Rancho, NM 87124

3beds

1,588sqft

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Single Family Residence

Built in 2024

5,227 Square Feet Lot

$355,700 Zestimate^®

$225/sqft

$45/mo HOA

What's special

Open layoutStainless steel appliancesGranite countertopsFully landscaped backyardExtended patio spaceRefrigerated air

$3K SELLER CREDIT (rate buy down, prepaids, or closing costs) Welcome to this beautiful 2024-built Verbena floor plan located in the desirable Rainbow Canyon community. This 3-bedroom, 2-bath home offers 1,588 sq ft with thoughtful upgrades throughout, including refrigerated air, tankless water heater with recirculating line, stainless steel appliances, granite countertops, and EV charger in the 2-car garage. The open layout flows into a fully landscaped backyard featuring extended patio space, turf, and views of the Sandia Mountains. Washer, dryer, closet shelving, and all appliances convey. Enjoy added peace of mind with a transferable 10-year structural warranty. Brand new leather sectional may convey with acceptable offer and closing by Aug 31st. No PID!

16 days

430

24

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
3/4 bathrooms: 1

Primary bedroom

Level: Main
Area: 171.45
Dimensions: 13.5 x 12.7

Dining room

Level: Main
Area: 133.72
Dimensions: 10.2 x 13.11

Kitchen

Level: Main
Area: 142.5
Dimensions: 12.5 x 11.4

Living room

Level: Main
Area: 249.15
Dimensions: 15.1 x 16.5

Heating

Central, Forced Air, Natural Gas

Cooling

Refrigerated

Appliances

Included: Dryer, Dishwasher, ENERGY STAR Qualified Appliances, Free-Standing Gas Range, Disposal, Microwave, Refrigerator, Washer
Laundry: Electric Dryer Hookup

Features

Attic, Ceiling Fan(s), High Speed Internet, Kitchen Island, Main Level Primary, Pantry, Shower Only, Separate Shower, Cable TV, Walk-In Closet(s)
Flooring: Carpet, Tile
Windows: Double Pane Windows, Insulated Windows, Low-Emissivity Windows, Vinyl
Has basement: No
Has fireplace: No

Interior area

Total structure area: 1,588
Total interior livable area: 1,588 sqft

Property

Parking

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

Features

Levels: One
Stories: 1
Patio & porch: Covered, Open, Patio
Exterior features: Private Yard, Sprinkler/Irrigation
Fencing: Wall

Lot

Size: 5,227 Square Feet
Features: Sprinklers In Rear, Landscaped, Planned Unit Development, Xeriscape
Residential vegetation: Grassed

Details

Parcel number: 1009069191224
Zoning description: R-1

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Synthetic Stucco
Roof: Pitched,Shingle

Condition

Resale
New construction: No
Year built: 2024

Details

Builder name: Centex / Pulte Homes

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected

Green energy

Energy efficient items: Appliances
Energy generation: None
Water conservation: Water-Smart Landscaping

Community & HOA

Community

Security: Security System
Subdivision: Rainbow Subdivision Phase 1

HOA

Has HOA: Yes
Services included: Common Areas, Road Maintenance
HOA fee: $45 monthly

Location

Region: Rio Rancho

Financial & listing details

Price per square foot: $225/sqft
Tax assessed value: $347,220
Annual tax amount: $4,171
Date on market: 5/27/2026
Cumulative days on market: 17 days
Listing terms: Cash,Conventional,FHA,VA Loan

Estimated market value

$355,700

$338,000 - $373,000

$2,402/mo

Price history

Date	Event	Price
6/10/2026	Price change	$358,000-1.6%$225/sqft
Source: SWMLS #1104280 Report a problem
5/27/2026	Listed for sale	$364,000+2.4%$229/sqft
Source: SWMLS #1104280 Report a problem
4/26/2024	Sold	--
Source: SWMLS #1057446 Report a problem
3/6/2024	Pending sale	$355,490$224/sqft
Source: SWMLS #1057446 Report a problem
2/10/2024	Price change	$355,490+0.7%$224/sqft
Source: Centex Report a problem
2/4/2024	Listed for sale	$352,990$222/sqft
Source: Centex Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,039 +374.3%	$115,740 +396%
2024	$852 -14.8%	$23,333 -2.8%
2023	$999 +59.8%	$24,000 +60%
2022	$626	$15,000

Find assessor info on the county website

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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