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505 Hondo Rd; Rio Rancho, NM Property Details

505 Hondo Rd, Rio Rancho, NM is a Recreational Vacant Land that was built in 1998. This property is currently Financed and is not for sale. Our records show that 505 Hondo Rd has 3 bedrooms, and 2 bathrooms, and a total of 1,568 square feet. The lot size of 505 Hondo Rd is 21,780 square feet.

Off market
505 Hondo Rd SW Rio Rancho, NM 87124
$230,000 Listing Price
3 Beds
2 Baths
1,568 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1998
  • Purchase Price: $297,720
  • Open Loans / Balance: 2 / $227,085
  • Est. Equity / %: $10,915 / 4.59%
  • APN: R053830
  • Situs County: Sandoval
  • Length Of Ownership: 2 years, 2 months

Rooms

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

Measurements

  • Total: 1,568/SqFt
  • Lot: 21,780/SqFt
  • Gross: 1,568/SqFt
  • Living: 1,568/SqFt
  • Building: 1,568/SqFt
  • Price Per Square Foot: $189.87

Legal Description

  • Description: LEGAL: SUBD: RIO RANCHO ESTATES BLOCK: 86 LOT: 51 UNIT: 8
Building Insights

Land Information

  • Property Type: Recreational Vacant Land
  • Within Flood Zone: True
  • Flood Zone: A / High Risk
  • School District: Rio Rancho Public Schools
  • Lat / Lon: 35.246796 / -106.74951
  • Subdivision: Rio Rancho Estates
  • Property Class: Vacant
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 0774

Ownership Info

505 Hondo Rd SW has no associated ownership info
505 Hondo Rd SW has no associated ownership info.

Taxes

505 Hondo Rd SW has 10 associated Taxes items

505 Hondo Rd, 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 $71,619. The APN we've located for 505 Hondo Rd is R053830.

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Taxes
  • Assessed Value:  $71,619
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R053830
  • Assessed Land Value:  16667
  • Market Land Value:  50000
  • Tax Amount:  1896.32
  • Tax Year:  2025
  • Market Value:  214857
  • Market Year:  2025

Tax History

505 Hondo Rd SW has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $71,619 Land Value $16,667 Improvement Value $54,952 Tax Amount $1,896.32 Change Rate +2.468793% Assessed CR Tax Rate +0.026478%
Year 2024 Assessed Value $20,647 Land Value $5,835 Improvement Value $14,812 Tax Amount $546.68 Change Rate +0.022826% Assessed CR Tax Rate +0.026477%
Year 2023 Assessed Value $20,045 Land Value $5,492 Improvement Value $14,553 Tax Amount $534.48 Change Rate +0.029906% Assessed CR Tax Rate +0.026664%
Year 2022 Assessed Value $19,462 Land Value $5,163 Improvement Value $14,299 Tax Amount $518.96 Change Rate +0.022058% Assessed CR Tax Rate +0.026665%
Year 2021 Assessed Value $18,895 Land Value $4,914 Improvement Value $13,981 Tax Amount $507.76 Change Rate +0.02091% Assessed CR Tax Rate +0.026873%
Year 2020 Assessed Value $18,345 Land Value Improvement Value Tax Amount $497.36 Change Rate -0.670732% Assessed CR Tax Rate +0.027111%
Year 2019 Assessed Value $55,340 Land Value Improvement Value Tax Amount $1,510.5 Change Rate +0.088006% Assessed CR Tax Rate +0.027295%
Year 2018 Assessed Value $55,340 Land Value Improvement Value Tax Amount $1,388.32 Change Rate +0.017711% Assessed CR Tax Rate +0.025087%
Year 2017 Assessed Value $53,728 Land Value Improvement Value Tax Amount $1,364.16 Change Rate +1.075399% Assessed CR Tax Rate +0.02539%
Year 2016 Assessed Value $22,953 Land Value Improvement Value Tax Amount $657.3 Change Rate -0.014602% Assessed CR Tax Rate +0.028637%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $667.04 Change Rate +0.014818% Assessed CR Tax Rate
Year 2014 Assessed Value $22,953 Land Value Improvement Value Tax Amount $657.3 Change Rate Assessed CR Tax Rate +0.028637%
Year 2013 Assessed Value $22,953 Land Value $7,504 Improvement Value $15,449 Tax Amount Change Rate Assessed CR Tax Rate