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123 Prism Ave; Rio Rancho, NM Property Details

123 Prism Ave, Rio Rancho, NM is a Single Family that was built in 2022. This property is not for sale. Our records show that 123 Prism Ave has 3 bedrooms, and 2 bathrooms, and a total of 1,596 square feet. The lot size of 123 Prism Ave is 5,271 square feet.

For Rent
123 Prism Ave SW Rio Rancho, NM 87124
$2,150 Listing Price
3 Beds
2 Baths
1,596 SqFt
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2022
  • Open Loans / Balance: 1 / $336,404
  • Est. Equity / %: $28,596 / 7.83%
  • Gross Yield: 7.187%
  • APN: R188415
  • Situs County: Sandoval

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2

Measurements

  • Total: 1,596/SqFt
  • Lot: 5,271/SqFt
  • Gross: 1,596/SqFt
  • Living: 1,596/SqFt
  • Building: 1,596/SqFt

Legal Description

  • Description: LEGAL: S: 21 T: 12N R: 2E SUBD: RAINBOW SUBDIVISION PHASE 1 LOT: 29A
Building Insights

Land Information

  • Property Type: Single Family
  • School District: Rio Rancho Public Schools
  • Lat / Lon: 35.252926 / -106.73805
  • Subdivision: Rainbow Subdivision Phase 1
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 1859

HOA

  • H O A One: $45
  • H O A Amount: $45
  • H O A One Frequency: Monthly
  • H O A One Name: Rainbow Community Association Inc
  • H O A One Type: Home Owner Association

Ownership Info

123 Prism Ave SW has no associated ownership info
123 Prism Ave SW has no associated ownership info.

Taxes

123 Prism Ave SW has 10 associated Taxes items

123 Prism Ave, Rio Rancho, NM pays taxes in Sandoval County, NM. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $114,823. The APN we've located for 123 Prism Ave is R188415.

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Taxes
  • Assessed Value:  $114,823
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R188415
  • Assessed Land Value:  24000
  • Market Land Value:  72000
  • Tax Amount:  3665.28
  • Tax Year:  2024
  • Market Value:  344470
  • Market Year:  2025

Tax History

123 Prism Ave SW has 3 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $114,823 Land Value $24,000 Improvement Value $90,823 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $101,700 Land Value $23,333 Improvement Value $78,367 Tax Amount $3,665.28 Change Rate +0.015606% Assessed CR Tax Rate +0.03604%
Year 2023 Assessed Value $98,738 Land Value $24,000 Improvement Value $74,738 Tax Amount $3,608.96 Change Rate Assessed CR Tax Rate +0.036551%