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150 Spectrum Ave SW, Rio Rancho, NM, 87124

2beds
2baths
1,239sqft
$329,900
$266price/sqft
$2,117/moest. monthly cost
$84,680/yrincome needed

About This Home

PRICE REDUCTION! Better than new and only 3 years old, this beautifully upgraded home offers modern style, energy efficiency, and low-maintenance living in one of Rio Rancho's desirable newer communities.Featuring a professionally designed xeriscape & landscaping with auto irrigation, this move-in-ready home shines inside and out. Enjoy birch cabinetry, granite countertops, stainless steel appliances, smart home features, and an open-concept layout filled with natural light. Built with Centex Energy Advantage features, this home also includes approximately 7 years remaining on the 10-year builder warranty for added peace of mind.Relax under the covered patio and spacious backyard. Seller will consider up to 5,000 toward buyer closing costs or rate buydown with acceptable offer; move-in ready newer Pulte home, upgraded landscaping, granite, smart features; quick close possible.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

7/10
7/10
Rio Rancho High SchoolGrades 9-124.8 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 2023

Materials

  • Foundation: Slab
  • Roof: Pitched,Shingle
  • Construction materials: Frame,Synthetic Stucco,Rock

Other

  • Builder name: Centex

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,ENERGY STAR Qualified Appliances,Free-Standing Gas Range,Disposal,Microwave,Refrigerator,Range Hood,Self Cleaning Oven,Washer
  • Laundry features: Electric Dryer Hookup

Bedroom2

  • Level: Main
  • Area: 103

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1

Dining Room

  • Level: Main
  • Area: 148.4

Features

  • Attic,Entrance Foyer,Great Room,High Speed Internet,Kitchen Island,Main Level Primary,Pantry,Shower Only,Separate Shower
  • Window features: Double Pane Windows,Insulated Windows,Low-Emissivity Windows,Vinyl
  • Flooring: Carpet,Tile

Heating & Cooling

  • Heating features: Central,ENERGY STAR Qualified Equipment,Forced Air
  • Cooling features: ENERGY STAR Qualified Equipment,Refrigerated

Interior Area

  • Total structure area: 1,239
  • Total interior livable area: 1,239 sqft

Kitchen

  • Level: Main
  • Area: 100

Living Room

  • Level: Main
  • Area: 177.87

Primary Bedroom

  • Level: Main
  • Area: 170.52

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 1009069163226
  • Zoning description: R-1

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Patio
  • Exterior features: Private Yard,Smart Camera(s)/Recording,Sprinkler/Irrigation
  • Fencing: Wall

Lot

  • Lot size: 5,227 sqft
  • Features: Planned Unit Development,Sprinklers Automatic,Sprinkler System,Xeriscape

Parking

  • Total spaces: 2
  • Parking features: Attached,Garage,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Hail
Heat Wave
Winter Weather

FEMA Declared Disasters in Sandoval County and New Mexico

Fire
Flood
Mud Landslide
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,668$20,016
Home Insurance *$120$1,440
Property Taxes $181$2,172
Electricity $148$1,780
Total$2,117$25,404
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$72,582/yr
40% on housing$63,510/yr
45% on housing$56,453/yr

New Mexico FAIR Plan Programs

New Mexico Property Insurance Program

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,506Commercial: 306
Total Premiums$5.96M
Total Exposure$950.67M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.8%
9.8%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 3.7%
3.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$266This listing

vs Other Active Listings

Avg $/sqft

ZIP 87124$190
Sandoval County$215

vs Homes Sold Last Month

Median $/sqft

ZIP 87124
Sandoval County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-11Price change$319,900
2026-06-24Price change$329,900
2026-05-23Listed for sale$335,000
2024-05-10Sold--
2024-04-17Pending sale$325,990
2024-04-17Price change$325,990
2024-02-27Pending sale$320,000
2024-02-22Listing removed$322,990
2024-02-10Price change$322,990
2024-02-05Price change$325,490
2024-02-03Price change$322,990
2023-12-31Price change$323,490
2023-12-10Price change$320,990
2023-11-28Price change$320,000
2023-10-26Listed for sale$323,490
2023-10-14Listing removed--
2023-10-04Price change$323,490
2023-08-25Listed for sale$321,490

For Sale by Agent

AgentLatisha A. Samora
BrokerageReal Broker, LLC

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