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748 El Morro Dr; Rio Rancho, NM Property Details

748 El Morro Dr, Rio Rancho, NM is a Single Family that was built in 1984. This property is currently Financed,Intra-Family and is not for sale. Our records show that 748 El Morro Dr has 2 bedrooms, and 1.5 bathrooms, and a total of 1,193 square feet. The lot size of 748 El Morro Dr is 17,468 square feet.

Off market
748 El Morro Dr SE Rio Rancho, NM 87124
$92,000 Listing Price
2 Beds
1.5 Baths
1,193 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1984
  • Purchase Price: $150,000
  • Open Loans / Balance: 2 / $175,984
  • Est. Equity / %: $98,016 / 35.77%
  • Gross Yield: 8.072%
  • APN: R050950
  • Situs County: Sandoval
  • Length Of Ownership: 4 years, 5 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Partial Bathrooms: 1

Structure

  • Stories: 1

Measurements

  • Total: 1,193/SqFt
  • Lot: 17,468/SqFt
  • Gross: 1,193/SqFt
  • Living: 1,193/SqFt
  • Building: 1,193/SqFt
  • Price Per Square Foot: $125.73

Legal Description

  • Description: LEGAL: SUBD: CEDAR HILLS 3 BLOCK: 10 LOT: 3
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Rio Rancho Public Schools
  • Lat / Lon: 35.246243 / -106.73151
  • Subdivision: Cedar Hills 3
  • Property Class: Residential
  • County Use Code: VAC-RES

Amenities

  • Plus Four: 3313

HOA

  • H O A One: $35
  • H O A Amount: $35
  • H O A One Frequency: Monthly
  • H O A One Name: Cedar Hills & Adjacent Neighborhood Asso
  • H O A One Type: Home Owner Association

Ownership Info

748 El Morro Dr SE has no associated ownership info
748 El Morro Dr SE has no associated ownership info.

Taxes

748 El Morro Dr SE has 10 associated Taxes items

748 El Morro Dr, 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 $33,517. The APN we've located for 748 El Morro Dr is R050950.

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Taxes
  • Assessed Value:  $33,517
  • Assessed Year:  2025
  • Assessed County:  Sandoval
  • APN:  R050950
  • Assessed Land Value:  8245
  • Market Land Value:  24736
  • Tax Amount:  1172.8
  • Tax Year:  2024
  • Market Value:  100553
  • Market Year:  2025

Tax History

748 El Morro Dr SE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $33,517 Land Value $8,245 Improvement Value $25,272 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $32,542 Land Value $8,069 Improvement Value $24,473 Tax Amount $1,172.8 Change Rate +0.015587% Assessed CR Tax Rate +0.03604%
Year 2023 Assessed Value $31,594 Land Value $7,884 Improvement Value $23,710 Tax Amount $1,154.8 Change Rate +0.030005% Assessed CR Tax Rate +0.036551%
Year 2022 Assessed Value $30,674 Land Value $7,698 Improvement Value $22,976 Tax Amount $1,121.16 Change Rate +0.019644% Assessed CR Tax Rate +0.036551%
Year 2021 Assessed Value $29,781 Land Value $7,592 Improvement Value $22,189 Tax Amount $1,099.56 Change Rate +0.01781% Assessed CR Tax Rate +0.036922%
Year 2020 Assessed Value $28,914 Land Value Improvement Value Tax Amount $1,080.32 Change Rate +0.02305% Assessed CR Tax Rate +0.037363%
Year 2019 Assessed Value $28,071 Land Value Improvement Value Tax Amount $1,055.98 Change Rate +0.063253% Assessed CR Tax Rate +0.037618%
Year 2018 Assessed Value $28,071 Land Value Improvement Value Tax Amount $993.16 Change Rate +0.04317% Assessed CR Tax Rate +0.03538%
Year 2017 Assessed Value $27,254 Land Value Improvement Value Tax Amount $952.06 Change Rate -0.076459% Assessed CR Tax Rate +0.034933%
Year 2016 Assessed Value $27,254 Land Value Improvement Value Tax Amount $1,030.88 Change Rate -0.013304% Assessed CR Tax Rate +0.037825%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,044.78 Change Rate +0.013484% Assessed CR Tax Rate
Year 2014 Assessed Value $27,254 Land Value Improvement Value Tax Amount $1,030.88 Change Rate Assessed CR Tax Rate +0.037825%
Year 2013 Assessed Value $24,750 Land Value $7,285 Improvement Value $17,465 Tax Amount Change Rate Assessed CR Tax Rate