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196 Prism Ave; Rio Rancho, NM Property Details

196 Prism Ave, Rio Rancho, NM is a Single Family that was built in 2024. This property is not for sale. Our records show that 196 Prism Ave has 3 bedrooms, and 2 bathrooms, and a total of 1,243 square feet. The lot size of 196 Prism Ave is 5,846 square feet.

Off market
196 Prism Ave SW Rio Rancho, NM 87124
$106,297 Estimated Value
3 Beds
2 Baths
1,243 SqFt
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2024
  • Open Loans / Balance: 1 / $334,099
  • Est. Equity / %: $19,901 / 5.62%
  • Gross Yield: 6.692%
  • APN: R188887
  • Situs County: Sandoval

Rooms

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

Measurements

  • Total: 1,243/SqFt
  • Lot: 5,846/SqFt
  • Gross: 1,243/SqFt
  • Living: 1,243/SqFt
  • Building: 1,243/SqFt

Legal Description

  • Description: LEGAL: S: 21 T: 12N R: 2E SUBD: RAINBOW SUBDIVISION PHASE II LOT: 118
Building Insights

Land Information

  • Property Type: Single Family
  • School District: Rio Rancho Public Schools
  • Lat / Lon: 35.2527 / -106.74157
  • Subdivision: Rainbow Subdivision Phase Ii
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 1894

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

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

Taxes

196 Prism Ave SW has 10 associated Taxes items

196 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 $106,297. The APN we've located for 196 Prism Ave is R188887.

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Taxes
  • Assessed Value:  $106,297
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R188887
  • Assessed Land Value:  24000
  • Market Land Value:  72000
  • Tax Amount:  851.52
  • Tax Year:  2024
  • Market Value:  318891
  • Market Year:  2025

Tax History

196 Prism Ave SW has 3 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $106,297 Land Value $24,000 Improvement Value $82,297 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $23,333 Land Value $23,333 Improvement Value Tax Amount $851.52 Change Rate +0.361212% Assessed CR Tax Rate +0.036494%
Year 2023 Assessed Value $15,000 Land Value $15,000 Improvement Value Tax Amount $625.56 Change Rate Assessed CR Tax Rate +0.041704%