$325,000
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166 Spectrum Avenue Sw, Rio Rancho, NM 87124

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2 Beds
2 Baths
1,239 Sq Ft

BETTER THAN NEW! Built in 2023, this meticulously upgraded, move in ready single-story residence offers an open concept floor plan with 2 bedrooms & 2 bathrooms. Featuring premium finishes, including upgraded stainless steel appliances, granite countertops, kitchen island, tankless water heater & energy efficient HVAC system. Experience the convenience of new construction without the wait, PLUS finished backyard with decorative rock & flagstone, custom blinds, counter depth SS refrigerator, rain gutters, storm door, designer cabinet handles & pull-out shelves, ceiling fans, security system with doorbell camera, washer & dryer. Living Room Sofa, Loveseat and Rug included! Enjoy lower taxes with no PID fees.

Listing By: Katherine Fox - Coldwell Banker Legacy nmswmls Realty.com
  • MLS# 1097852
  • Date Listed01/29/2026
  • Bedrooms 2
  • Bathrooms 1 Full baths, 1 Three Quarter baths
  • Lot Size 0.12 acres (5,227 sq. ft)
  • Sewer Public Sewer
  • Subdivision Rainbow Subdivision Phase 1
  • Property Type Single Family
  • County Sandoval
  • Year Built 2023
  • Water Public
  • Square Feet 1,239 sq. ft
  • Price Per Sq. Ft $262.31

Interior Features

  • Appliances Dryer, Dishwasher, Free Standing Gas Range, Disposal, Microwave, Refrigerator, Washer
  • Flooring Carpet, Tile
  • Cooling Refrigerated
  • Heating Central, Energy Star Qualified Equipment, Forced Air

Exterior / Lot Features

  • Exterior Private Yard, Smart Cameras Recording, Sprinkler Irrigation
  • Roof Pitched, Shingle
  • Lot Size Acres 0.12
  • Lot Size SQFT 5,227.00
  • Lot Features Landscaped, Xeriscape

Directions

I-25 to NM-423 Paseo del Norte, Take exit 232 for NM-423 and keep left toward Paseo del Norte, Continue straight onto Paseo del Norte, North onto Unser Blvd, Follow Unser Blvd to Southern Blvd and turn left, continue straight on Southern and turn Right on Rainbow Blvd, Rainbow Canyon will be on your left.

Financial Considerations

  • HOA Fee $45 Monthly
  • Tax Amount $3,708
  • Terms Cash, Conventional, FHA, VA Loan

Schools near 87124

Explore the local neighborhood highlights and top-rated schools near 87124 in Rio Rancho, NM.

Nearby Schools

Source: School Digger

Ventana Ranch Elementary School

Public • PK - 5 • Serves this home

5.39 mi

Distance

Shining Stars Preschool

Public • PK - 4

7.48 mi

Distance

Petroglyph Elementary School

Public • PK - 5

7.53 mi

Distance

Lincoln Middle School

Public • 6 - 8

4.12 mi

Distance

Eagle Ridge Middle School

Public • 6 - 8 • Serves this home

5.16 mi

Distance

James Monroe Middle School

Public • 6 - 8

6.54 mi

Distance

Rio Rancho High School

Public • 9 - 12 • Serves this home

5.74 mi

Distance

The Ask Academy

Public • 9 - 12

6.65 mi

Distance

Cibola High School

Public • 9 - 12

7.82 mi

Distance

Gospel Light Baptist Academy

Private • PK - 12

2.76 mi

Distance

Paradise Christian School

Private • KG - 12

6.54 mi

Distance

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for 87124

Discover key demographics, population statistics, and environmental insights for the Rio Rancho, NM area.

Population & Environment

Source: Sperling's Best Places

Walkability in NM / 87124

Source: Walk Score

3/100

Car-Dependent

Walk Score ®

0/100

Minimal Transit

Transit Score ®

34/100

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: 6/100, Transit Score: 0/100, Bike Score: 25/100.

Property Change History

Property Heating updated
Property Lot Features updated
Landscaped → Landscaped, Xeriscape
Property Exterior Features updated
Property Interior Features updated
Agent added 8 new photos to the listing
21 → 29 photos
List Price decreased from $329,500 to $325,000
Price Per Square Foot decreased from $265.94 to $262.31
Property description updated with new details
List Price decreased from $334,000 to $329,500
Price Per Square Foot decreased from $269.57 to $265.94
Property description updated with new details
List Price decreased from $340,000 to $334,000
Price Per Square Foot decreased from $274.41 to $269.57
Agent added 21 new photos to the listing
0 → 21 photos

Points of Interest near 166 Spectrum Avenue SW, Rio Rancho, NM 87124

Frequently Asked Questions for 166 Spectrum Avenue SW

Source: Realty.com

166 Spectrum Avenue SW, Rio Rancho, NM 87124 in Rainbow Subdivision Phase 1, Rio Rancho, NM 87124 is a single family listed at $325,000. Highlights include 2 bedrooms, 2 bathrooms, 1,239 sq. ft., built in 2023, 0.12 acre lot, $262 per sq. ft., HOA fee $45 Monthly. Realty.com has 29 photos, sales history, school insi...

Realty.com has 29 photos of 166 Spectrum Avenue SW.

Our records indicate that 166 Spectrum Avenue SW was built in 2023.

The full address for this home is 166 Spectrum Avenue SW, Rio Rancho, NM 87124.

166 Spectrum Avenue SW has been listed on Realty.com since Thu January 29, 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: 6/100, Transit Score: 0/100, Bike Score: 25/100.

There are 3 schools assigned to this home. Check out the schools near 166 Spectrum Avenue SW. Ventana Ranch Elementary School (Grades: PK - 5), Eagle Ridge Middle School (Grades: 6 - 8), Rio Rancho High School (Grades: 9 - 12)

Listing provided courtesy of: Coldwell Banker Legacy (tel: 505-892-1000)
Listing agent: Katherine Fox (tel: 505-226-2746) (#kfox)

This content last refreshed on 2026-07-15 00:27:01. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.