Welcome to this spacious home in Rio Rancho featuring 3 bedrooms, 2.5 bathrooms, and a 2-car garage. With a functional layout, generous living spaces, and great natural light, this property offers incredible potential for homeowners and investors alike. The home does need new carpet and a few cosmetic updates, but it has been priced accordingly for a quick sale--making it a fantastic opportunity to add your personal touch and build instant equity. Whether you're looking for your next home or an investment property, this is a value-packed opportunity you won't want to miss. This home combines space, potential, and affordability in one great package. Schedule your showing today before it's gone
For sale
$285,000
853 Waterfall Dr NE, Rio Rancho, NM 87144
3beds
1,885sqft
Single Family Residence
Built in 2009
4,791 Square Feet Lot
$-- Zestimate®
$151/sqft
$35/mo HOA
What's special
Functional layoutGenerous living spacesGreat natural light
- 34 days |
- 2,134 |
- 66 |
Zillow last checked:
Listing updated:
Listed by:
Jammie A Herrera 505-712-7524,
Berkshire Hathaway NM Prop 505-798-6300
Source: SWMLS,MLS#: 1103279
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Level: Upper
- Area: 196
- Dimensions: 14 x 14
Kitchen
- Level: Main
- Area: 180
- Dimensions: 15 x 12
Living room
- Level: Main
- Area: 180
- Dimensions: 15 x 12
Heating
- Combination
Cooling
- Refrigerated
Appliances
- Included: Dishwasher, Free-Standing Gas Range, Microwave, Refrigerator
- Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Features
- Breakfast Bar, Dual Sinks, Garden Tub/Roman Tub, Loft, Multiple Living Areas, Separate Shower, Walk-In Closet(s)
- Flooring: Carpet, Tile
- Windows: Bay Window(s)
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,885
- Total interior livable area: 1,885 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Exterior features: Private Entrance, Private Yard
- Fencing: Wall
Lot
- Size: 4,791 Square Feet
- Features: Corner Lot, Planned Unit Development
Details
- Parcel number: 1010073263453
- Zoning description: R-1
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco
- Roof: Pitched,Shingle
Condition
- Resale
- New construction: No
- Year built: 2009
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: Northern Meadows 12
HOA
- Has HOA: Yes
- HOA fee: $35 monthly
Location
- Region: Rio Rancho
Financial & listing details
- Price per square foot: $151/sqft
- Tax assessed value: $182,839
- Annual tax amount: $2,196
- Date on market: 5/9/2026
- Cumulative days on market: 21 days
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Listed for sale | $285,000$151/sqft |
Source:  SWMLS #1103279 Report a problem | ||
| 5/15/2026 | Pending sale | $285,000$151/sqft |
Source: SWMLS #1103279 Report a problem | ||
| 5/9/2026 | Listed for sale | $285,000$151/sqft |
Source: SWMLS #1103279 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,127 -0.3% | $60,946 +3% |
| 2024 | $2,133 +2.6% | $59,171 +3% |
| 2023 | $2,078 +1.9% | $57,448 +3% |
| 2022 | $2,039 +0.8% | $55,775 +3% |
| 2021 | $2,023 +3% | $54,151 +3% |
| 2020 | $1,964 +2.3% | $52,574 +3% |
| 2019 | $1,920 +9.5% | $51,043 +3% |
| 2018 | $1,753 -4.1% | $49,556 +3% |
| 2017 | $1,828 | $48,113 +3% |
| 2016 | $1,828 -8.9% | $46,711 -10.7% |
| 2014 | $2,006 | $52,327 |
| 2013 | $2,006 | $52,327 -66.7% |
| 2011 | -- | $156,980 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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: Northern Meadows
Nearby schools
GreatSchools rating
- 4/10Cielo Azul Elementary SchoolGrades: K-5Distance: 0.8 mi
- 7/10Rio Rancho Middle SchoolGrades: 6-8Distance: 4.3 mi
- 7/10V Sue Cleveland High SchoolGrades: 9-12Distance: 4.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- New Mexico
- Sandoval County
- Rio Rancho
- 87144
- Northern Meadows
- 853 Waterfall Dr NE
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