Located at the end of a cul-de-sac, this spacious and well-maintained 4BD/3BA home sits on a generous .34-acre lot in the desirable Enchanted Hills neighborhood. No HOA. The property features a flexible layout with a suite on the main floor--perfect for guests, multi-generational living, or a home office. Enjoy peace of mind with major updates, including HVAC system replaced in 2016, new roof in 2018, plus a new water heater swapped out in 2021. Additionally, the remodeled primary bathroom offers a modern, refreshed feel. Conveniently located near top-rated schools, parks, shopping, and everyday amenities. This home is move-in ready!
Pending
Price cut: $9.5K (5/27)
$389,500
5112 Rae Ct NE, Rio Rancho, NM 87144
4beds
2,042sqft
:
Get pre-qualified$2,515/mo
Single Family Residence
Built in 1998
0.34 Acres Lot
$388,600 Zestimate®
$191/sqft
$-- HOA
What's special
- 95 days |
- 236 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Phuong Thanh Dang 505-314-4753,
Elevate New Mexico Realty 505-239-2610,
Cody Reed Bratton 575-937-7655,
Elevate New Mexico Realty
Source: SWMLS,MLS#: 1102260
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Level: Upper
- Area: 195
- Dimensions: 15 x 13
Dining room
- Level: Main
- Area: 143
- Dimensions: 13 x 11
Family room
- Level: Main
- Area: 182
- Dimensions: 14 x 13
Kitchen
- Level: Main
- Area: 195
- Dimensions: 15 x 13
Living room
- Level: Main
- Area: 208
- Dimensions: 16 x 13
Heating
- Central, Forced Air, Natural Gas
Cooling
- Refrigerated
Appliances
- Included: Dishwasher, Free-Standing Gas Range, Disposal, Microwave, Refrigerator
- Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Features
- Ceiling Fan(s), Cathedral Ceiling(s), Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Family/Dining Room, Garden Tub/Roman Tub, In-Law Floorplan, Living/Dining Room, Multiple Living Areas, Pantry, Shower Only, Separate Shower, Walk-In Closet(s)
- Flooring: Laminate, Tile
- Windows: Double Pane Windows, Insulated Windows
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,042
- Total interior livable area: 2,042 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Finished Garage, Garage, RV Access/Parking
- Attached garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Patio
- Exterior features: Private Yard
- Fencing: Back Yard,Wall
- Has view: Yes
Lot
- Size: 0.34 Acres
- Features: Corner Lot, Cul-De-Sac, Few Trees, Views, Xeriscape
Details
- Additional structures: Shed(s)
- Parcel number: 1016075493185
- Zoning description: R-1
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Custom
- Property subtype: Single Family Residence
Materials
- Frame, Stucco
- Roof: Flat,Pitched,Shingle
Condition
- Resale
- New construction: No
- Year built: 1998
Details
- Builder name: Amrep
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
- Water conservation: Water-Smart Landscaping
Community & HOA
Community
- Subdivision: Enchanted Hills 4
Location
- Region: Rio Rancho
Financial & listing details
- Price per square foot: $191/sqft
- Tax assessed value: $182,565
- Annual tax amount: $2,123
- Date on market: 4/23/2026
- Cumulative days on market: 77 days
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
$388,600
$369,000 - $408,000
$2,425/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/3/2026 | Pending sale | $389,500$191/sqft |
Source:  SWMLS #1102260 Report a problem | ||
| 6/18/2026 | Listed for sale | $389,500$191/sqft |
Source: SWMLS #1102260 Report a problem | ||
| 6/2/2026 | Pending sale | $389,500$191/sqft |
Source: SWMLS #1102260 Report a problem | ||
| 5/27/2026 | Price change | $389,500-2.4%$191/sqft |
Source: SWMLS #1102260 Report a problem | ||
| 4/25/2026 | Listed for sale | $399,000$195/sqft |
Source: SWMLS #1102260 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,124 -0.3% | $60,855 +3% |
| 2024 | $2,129 +2.6% | $59,083 +3% |
| 2023 | $2,075 +1.9% | $57,362 +3% |
| 2022 | $2,036 +0.8% | $55,692 +3% |
| 2021 | $2,020 +3% | $54,069 +3% |
| 2020 | $1,961 +2.3% | $52,494 +3% |
| 2019 | $1,917 +9.5% | $50,966 +3% |
| 2018 | $1,751 -15.8% | $49,481 +3% |
| 2017 | $2,078 | $48,040 -9.5% |
| 2016 | $2,078 -15.1% | $53,106 -16.9% |
| 2014 | $2,449 | $63,883 |
| 2013 | $2,449 | $63,883 -71.3% |
| 2011 | -- | $222,849 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Enchanted Hills
Nearby schools
GreatSchools rating
- 8/10Vista Grande Elementary SchoolGrades: K-5Distance: 0.9 mi
- 8/10Mountain View Middle SchoolGrades: 6-8Distance: 1.2 mi
- 7/10V Sue Cleveland High SchoolGrades: 9-12Distance: 3 mi
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