$254,000
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4705 Palmas Altas Drive Se, Rio Rancho, NM 87124

3 Beds
2 Baths
1,242 Sq Ft

Investor Special with Incredible Views!Set on a generous 0.25-acre lot, this 3-bedroom, 2-bath home offers breathtaking views and endless potential for the right buyer. The property is in need of a full renovation and plenty of TLC, making it a prime opportunity for investors, flippers, or buyers looking to create their dream home from the ground up. With a solid footprint, spacious lot, and stunning surroundings, this is your chance to add significant value and bring new life to a home in a truly special setting. Cash or renovation loans recommended.

  • MLS# 1096661
  • Date Listed01/09/2026
  • Days on Realty 73 Days
  • Bedrooms 3
  • Bathrooms 2 Full baths
  • Lot Size 0.25 acres (10,890 sq. ft)
  • Sewer Public Sewer
  • Subdivision Corrales Heights
  • Property Type Single Family
  • County Sandoval
  • Year Built 1976
  • Water Public
  • Square Feet 1,242 sq. ft
  • Price Per Sq. Ft $204.51

Interior Features

  • Flooring Laminate, Tile
  • Cooling Evaporative Cooling
  • Heating Central, Forced Air

Exterior / Lot Features

  • Exterior Private Yard, Shed(s)
  • Roof Flat, Tar/Gravel
  • Lot Size Acres 0.25
  • Lot Size SQFT 10,890.00
  • Lot Features -

Financial Considerations

  • Tax Amount $1,383
  • Terms Cash, Conventional, FHA, VA Loan

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in NM / 87124

Source: Walk Score

20/100

Car-Dependent

Walk Score ®

0/100

Minimal Transit

Transit Score ®

44/100

Bikable

Bike Score ®

Overview

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 16/100, Transit Score: 2/100, Bike Score: 33/100.

Property Change History

Points of Interest near 4705 Palmas Altas Drive SE, Rio Rancho, NM 87124

Frequently Asked Questions for 4705 Palmas Altas Drive SE

Source: Realty.com

4705 Palmas Altas Drive SE, Rio Rancho, NM 87124 is a Single Family 1,242 sq. ft. home listed for sale. Realty.com has 35 photos available of this 3 bed, 2 bath house, listed at $254,000. View sales and tax history, use our mortgage calculator and more on Realty.com

Realty.com has 35 photos of 4705 Palmas Altas Drive SE.

Our records indicate that 4705 Palmas Altas Drive SE was built in 1976.

The full address for this home is 4705 Palmas Altas Drive SE, Rio Rancho, NM 87124.

4705 Palmas Altas Drive SE has been listed on Realty.com since Fri January 09, 2026

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 16/100, Transit Score: 2/100, Bike Score: 33/100.

There are 3 schools assigned to this home. Check out the schools near 4705 Palmas Altas Drive SE. Shining Stars Preschool (Grades: PK - 4), Rio Rancho Cyber Academy (Grades: 6 - 12), The Ask Academy (Grades: 9 - 12)

Listing provided courtesy of: Talia Freedman And Co. (tel: 505-263-7892)
Listing agent: Brad Patton (tel: 505-917-5133) (#blpatton_TFCO01)

This content last refreshed on 2026-03-23 03:52:06. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 4705 Palmas Altas Drive SE, Rio Rancho, NM 87124 : MLS# 1096661