For sale

Price cut: $15K (9/9)

$435,000

308 Nicklaus Dr SE, Rio Rancho, NM 87124

4beds

2,400sqft

$2,898/mo

Get pre-qualified

Single Family Residence

Built in 1993

0.36 Acres Lot

$430,900 Zestimate^®

$181/sqft

$-- HOA

What's special

Welcome to this beautifully custom-built Southwestern home, offering approximately 2,400 square feet of thoughtfully designed living space. Featuring 3 spacious bedrooms plus **two versatile office/flex rooms**, this home provides plenty of room for working from home, hobbies, crafts, or additional living space. Beautiful wood beams add warmth and character while complementing the home's distinctive Southwest style. Situated on a large lot, there is plenty of space to enjoy the outdoors and make the property your own. The **oversized 3-car garage** provides exceptional room for vehicles, storage, workshop space, or recreational toys. A unique blend of Southwestern charm, functionality, and generous space--this custom home is ready to welcome you!

28 days
2,187
190

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

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

Primary bedroom

Level: Main
Area: 255.45
Dimensions: 19.5 x 13.1

Kitchen

Level: Main
Area: 305.67
Dimensions: 20.11 x 15.2

Living room

Level: Main
Area: 385.44
Dimensions: 29.2 x 13.2

Heating

Forced Air, Natural Gas

Cooling

Evaporative Cooling

Appliances

Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup

Features

Beamed Ceilings, Wet Bar, Breakfast Area, Ceiling Fan(s), Separate/Formal Dining Room, Dual Sinks, Kitchen Island, Main Level Primary, Skylights, Utility Room
Flooring: Carpet, Tile
Windows: Double Pane Windows, Insulated Windows, Skylight(s)
Has basement: No
Number of fireplaces: 1
Fireplace features: Custom, Gas Log

Interior area

Total structure area: 2,400
Total interior livable area: 2,400 sqft

Property

Parking

Total spaces: 3
Parking features: Attached, Garage, Garage Door Opener, Oversized
Attached garage spaces: 3

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Patio & porch: Covered, Patio
Exterior features: Courtyard, Private Yard
Fencing: Back Yard
Has view: Yes

Lot

Size: 0.36 Acres
Features: Landscaped, Few Trees, Views, Xeriscape

Details

Parcel number: 1012069319215
Zoning description: R-1

Construction

Type & style

Home type: SingleFamily
Architectural style: Custom
Property subtype: Single Family Residence

Materials

Frame, Stucco
Foundation: Permanent, Slab
Roof: Flat

Condition

Resale
New construction: No
Year built: 1993

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Green energy

Energy generation: None
Water conservation: Water-Smart Landscaping

Community & HOA

Community

Subdivision: Panorama Heights North 2

Location

Region: Rio Rancho

Financial & listing details

Price per square foot: $181/sqft
Tax assessed value: $259,142
Annual tax amount: $3,041
Date on market: 8/17/2026
Cumulative days on market: 28 days
Listing terms: Cash,Conventional,FHA,VA Loan
Road surface type: Paved

Estimated market value

$430,900

$409,000 - $452,000

$2,953/mo

Price history

Date	Event	Price
9/9/2026	Price change	$435,000-3.3%$181/sqft
Source: SWMLS #1109306 Report a problem
8/17/2026	Listed for sale	$450,000$188/sqft
Source: SWMLS #1109306 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,945 -0.2%	$86,380 +3%
2024	$2,950 +2.7%	$83,865 +3%
2023	$2,872 +2%	$81,422 +3%
2022	$2,816 +0.8%	$79,051 +3%
2021	$2,793 +3.1%	$76,749 +3%
2020	$2,709 +2.4%	$74,513 +3%
2019	$2,646 -1.2%	$72,343 -6.9%
2018	$2,679 -6.8%	$77,716 +3%
2017	$2,874	$75,453
2016	$2,874 +2.1%	$75,453
2014	$2,816	$75,453 +2.7%
2013	$2,816	$73,453 -67.6%
2011	--	$226,358