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  • $320,000

    493 Chippewa Dr SW, Rio Rancho, NM 87124

    2beds
    793sqft
    : 
    $2,066/mo
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    Single Family Residence
    Built in 1986
    10,454 Square Feet Lot
    $221,100 Zestimate®
    $404/sqft
    $-- HOA

    What's special

    Welcome home to this charming 2-bedroom, 1-bath home. The spacious walled backyard offers privacy, backyard access, and endless possibilities for entertaining, gardening, RV parking, or future improvements. Inside, you'll find a functional floor plan designed for comfortable living, while the attached one-car garage provides added convenience and storage. Whether you're a first-time homebuyer, downsizing, or looking for an investment opportunity, this property offers great potential in an established neighborhood. Conveniently located near shopping, dining, parks, and schools, this home is ready for its next owner. Don't miss your opportunity to make it yours!
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    Zillow last checked:

    Listing updated:

    Listed by:

    Jonathan P Tenorio 505-410-8568,

    Keller Williams Realty 505-897-1100

    Source: SWMLS,MLS#: 1108158MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Central, Forced Air
      Cooling
      • Evaporative Cooling
      Appliances
      • Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
      Features
      • Main Level Primary
      • Flooring: Carpet, Tile
      • Windows: Sliding
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 793
      • Total interior livable area: 793 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Garage
      • Garage spaces: 1
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Patio
      • Exterior features: Private Yard
      • Fencing: Wall
      Lot
      • Size: 10,454 Square Feet
      Details
      • Parcel number: 1008069452007
      • Zoning description: R-1

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Frame, Vinyl Siding
      • Roof: Pitched,Shingle
      Condition
      • Resale
      • New construction: No
      • Year built: 1986

      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

      Community & HOA

      Community
      • Subdivision: Cedar Hills 6
      Location
      • Region: Rio Rancho

      Financial & listing details

      • Price per square foot: $404/sqft
      • Tax assessed value: $114,352
      • Annual tax amount: $1,373
      • Date on market: 7/29/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan

        Estimated market value

        $221,100

        $206,000 - $234,000

        $1,636/mo

        Price history

        Price history is unavailable.

        Public tax history

        YearProperty taxesTax assessment
        2025$1,330 -0.3%$38,117 +3%
        2024$1,334 +2.6%$37,008 +3%
        2023$1,299 +1.9%$35,930 +3%
        2022$1,275 +0.8%$34,883 +3%
        2021$1,265 +3%$33,867 +3%
        2020$1,229 +2.3%$32,881 +3%
        2019$1,201 +96.2%$31,923 +84.5%
        2018$612 -6.9%$17,304 +3%
        2017$657 $16,800
        2016$657 -18.6%$16,800 -49.5%
        2014$808 $33,269
        2013$808 $33,269 -66.7%
        2011-- $99,807
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 87124

        Getting around

        0 / 100
        Car-Dependent
        32 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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