Location

Nearby schools

School ratings (A+ to F) from HJN community data.

Rio Rancho Elementary School
KG-5 · Regular · Rio Rancho Public Schools
486 students · 16.0:1 student–teacher
Rio Rancho Elementary School school rating: C+ 0.4 mi
The Ask Academy
6-12 · Regular · THE ASK ACADEMY
558 students · 13.1:1 student–teacher
The Ask Academy school rating: B- 0.8 mi
Rio Rancho Cyber Academy
6-12 · Regular · Rio Rancho Public Schools
133 students · 9.5:1 student–teacher
Rio Rancho Cyber Academy school rating: A+ 1.0 mi
Independence High School
9-12 · Alternative/Other · Rio Rancho Public Schools
156 students · 8.2:1 student–teacher
Independence High School school rating: D- 1.2 mi
Leap International Montessori School
PK-4 · Montessori
15 students · 15.0:1 student–teacher
1.6 mi
Corrales Elementary School
KG-5 · Regular · Albuquerque Public Schools
378 students · 13.3:1 student–teacher
Corrales Elementary School school rating: A 2.0 mi
Sandia View Christian School
PK-8 · Regular
92 students · 15.3:1 student–teacher
2.0 mi
Sandia View Academy
9-12 · Regular
42 students · 9.1:1 student–teacher
2.0 mi

Nearby places

Within 2 miles of this home: 39+ restaurants and cafés, 4 grocery stores, 20 parks and green spaces, and 3 transit stops.

Place data from OpenStreetMap.

Food & drink

Wendy's
Highway 528
0.7 mi
The Hopper Pub and Pizzeria
Arrowhead Ridge Drive SE
0.7 mi
Subway
Ridgecrest Drive
0.7 mi
Chill Zone Frozen Yogurt
Ridgecrest Drive SE
0.7 mi
Wingstop
Ridgecrest Drive SE, Space North
0.8 mi
Las Villas Taqueria
Mexican restaurant · Pat D'Arco Highway
0.8 mi

The 87124 market

Homes for sale: 223
Median list price: $433,000

Similar homes nearby

See all in 87124

Sources for the nearby listings shown on this page

Southwest MLS (Greater Albuquerque Association of REALTORS): Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
Listing information ©2026 Albuquerque - Southwest Multiple Listing Service, Inc. All Rights Reserved. Last Updated: 2026-10-25 23:30:32 UTC

Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

No listing photos

507 palmas altas dr se, RIO RANCHO NM 87124

4

Beds

2

Baths

1,620

Sqft

1978

Year built

Estimated value: $366,477

Range $347,551 – $385,403 · as of August 30, 2026

How this estimate has moved

ATTOM automated valuation model · 55 published estimates over 6.7 years · shaded band is the model's own published low-to-high range

$151,490 January 2020$366,477 August 2026

Highest reading $366,477 in August 2026; lowest $151,490 in January 2020. The vertical scale starts at the series' own low, not at zero — it is drawn to show movement, not absolute size.

Public records

4 beds
2 baths
1,620 sqft
12,632 sqft lot
Built 1978
Stories: 1
Use: RESIDENTIAL
APN R125206

Estimate your monthly payment

Home price

Down payment (20%)

$73,295

Loan term

Interest rate (%)

Property tax (%/yr)

Home insurance ($/yr)

HOA ($/mo)

Estimated monthly payment

$2,467/mo

Principal & interest$2,014

Property tax$336

Home insurance$117

Loan amount $293,182. Estimate only — your actual rate and payment depend on credit, location, and lender.

Tax history

2026 roll

Land: $9,739
Structure: $34,835
Assessed total: $44,574
County market value: $133,721
Property tax billed: $1,487.60

Sale & deed history

March 16, 2026Arm's-length—
January 9, 2026Arm's-length—

The 87124 market

Homes for sale: 223
Median list price: $433,000

Nearby schools

School ratings (A+ to F) from HJN community data.

Location

Nearby places

Within 2 miles of this home: 39+ restaurants and cafés, 4 grocery stores, 20 parks and green spaces, and 3 transit stops.

Place data from OpenStreetMap.

Food & drink

Wendy's
Highway 528
0.7 mi
The Hopper Pub and Pizzeria
Arrowhead Ridge Drive SE
0.7 mi
Subway
Ridgecrest Drive
0.7 mi
Chill Zone Frozen Yogurt
Ridgecrest Drive SE
0.7 mi
Wingstop
Ridgecrest Drive SE, Space North
0.8 mi
Las Villas Taqueria
Mexican restaurant · Pat D'Arco Highway
0.8 mi

K'Lynn's Southern & Cajun Fusion

Ridgecrest Dr SE

0.8 mi

Twisters

Ridgerock Road SE

0.8 mi

Groceries

Albertsons
Ridgecrest Drive SE
0.8 mi
Natural Grocers
NM 528
1.1 mi
Smith's
Rio Rancho Drive SE
1.1 mi
Walmart Neighborhood Market
Nm Highway 528 SE
1.3 mi

Parks & recreation

Dam Site 1 basin
0.2 mi
Veja Baja Park
Veja Baja Drive SE
0.3 mi
Veja Baja Park Playground
0.3 mi
Leon Grande Park
Leon Grande Avenue SE
0.4 mi
Dam Site 1 Bike Path Playground
0.5 mi
Dam Site 1 Bike Path Trailhead Park
0.5 mi
Sabana Heights Park
0.6 mi
Alpine Xeric Park
Alpine Court SE
0.8 mi

Transit

Southern EB @ 528
1.2 mi
528 NB @ Hilltop
1.5 mi
528 SB @ Hilltop
1.5 mi

Sources for the nearby listings shown on this page

Southwest MLS (Greater Albuquerque Association of REALTORS): Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
Listing information ©2026 Albuquerque - Southwest Multiple Listing Service, Inc. All Rights Reserved. Last Updated: 2026-10-25 23:30:32 UTC

Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Similar homes nearby

See all in 87124