$480,000

$190/sqftactive

624 5th Street NE, Rio Rancho, NM 87124

0 days on market

Beds

Baths

Sqft

2,523

Lot

21,780 sqft

Built

2007

Type

single family

About This Property

Short Sale, List Price Has Not Been Approved by lender. Water, gas & electricity have been turned off for two years. Home is sold as is, seller will not pay for repairs. This 4 bedroom home offers approximately 2,534 square feet with a flexible floor plan, a large primary bedroom, and a 2 car garage. Situated on a hard-to-find .5 acre lot, the property features backyard access and plenty of space for vehicles, trailers, RVs, or hobbies. A major bonus is the heated & cooled 24x30 workshop, perfect for projects, storage, a home business, or extra workspace. There is also a large 16x20 storage shed for additional storage needs. Home is in fair to good condition with solid potential for buyers looking for space, functionality, and value. Convenient location with room to spread out.

Features & Amenities

Main Level Primary

Private Yard

Carpet Free Flooring

Tile Flooring

Wall Fence

Attached

Garage

2 Fireplaces

Water: Public

Sewer: SepticTank

Subdivision: Rio Rancho Estates

Property Details

MLS #	1104374
Property Type	single family
Year Built	2007
Garage	Yes
Heating	ForcedAir,NaturalGas
Roof	Flat
Lot Size	21,780 sqft
Property Tax (est.)	$6,275/yr ($523/mo)
Price / Sqft	$190
Status	Active
Days on Market	0

About Rio Rancho → Full Guide

Price vs. Neighborhood

This home

$480,000

Rio Rancho median

$340,000

41% above the Rio Rancho median. Homes here sell in an average of 29 days.

Commute Times

Unm

30 min

Downtown

25 min

Abq Studios

35 min

Sandia Labs

30 min

Kirtland Afb

35 min

Presbyterian

25 min

Intel Rio Rancho

10 min

Nearby Schools

Colinas del Norte Elementary

K-5 · RRPS

7/10

Cleveland High School

9-12 · RRPS

7/10

Lincoln Middle School

6-8 · RRPS

6/10

Rio Rancho High School

9-12 · RRPS

6/10

Neighborhood Guide

Explore Rio Rancho

Growing & Modern

Listing courtesy of Myers & Myers Real Estate, Inc. © 2026 Southwest Multiple Listing Service, Inc. All rights reserved. Listing data provided by SWMLS IDX. Information deemed reliable but not guaranteed. Equal Housing Opportunity.