$327,000
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1205 5Th Street Nw, Rio Rancho, NM 87144

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3 Beds
3 Baths
1,938 Sq Ft

Bring your vision and handy skills to this spacious home on a generous half-acre lot in a peaceful western Rio Rancho setting! Offering plenty of potential to renovate, personalize and create a home that truly reflects your style, this property is an exciting opportunity for buyers ready to roll up their sleeves and make it their own.HUD-Owned Home - Equal Housing Opportunity. Managed by Raine & Co. HUD Case #361-346720. HUD $100 down payment special available for all FHA-financed buyers! This property is listed IE - Insurable with Escrow - final financing eligibility subject to buyer's appraisal. This means that the home likely needs less than $10,000 in repairs in order to meet FHA's minimum property standards. If a buyer obtains FHA 203(B) financing they can borrow up to $10,000 more than the purchase price to be escrowed by their lender and paid to a licensed contractor approved by buyer's lender after closing to complete repairs to meet FHA minimum property standards. Buyers may also take advantage of FHA 203(K) renovation financing. This is a financing option for buyers to borrow more than the purchase price to affordably finance in all renovations / repairs not just limited to items to meet minimum property standards! Work must be performed post-closing by licensed contractors approved by buyer's mortgage company. Buyer remains responsible for earnest money, utility activation costs and applicable closing costs even when utilizing the FHA $100 down payment special. HUD homes are sold AS-IS, WHERE-IS, WITH ALL FAULTS. HUD will not make repairs or provide payment/credit for repairs prior to closing for any reason. Buyers are strongly encouraged to obtain independent professional inspections. A Property Condition Report (PCR), Environmental Compliance Record (ECR) and Property Listing Disclosure (PLD) are available for informational purposes only but are not substitutes for buyer's professional home inspections.Utility Turn-Ons: With an accepted bid, buyer is responsible for all costs associated with activating utilities for inspections/appraisal (such as plumbing mercury tests where applicable and all utility company expenses). Utility activation requires prior approval from HUD's Field Service Manager. If water line does not hold pressure in the PCR/PLD, buyer will not be permitted to put the water on. All bids must be submitted directly through the HUD Home Store website by HUD-approved brokers only. Not all real estate professionals are HUD-approved brokers, process to become approved can take up to 3 months to get set up. Bids are a closed-bidding process meaning that listing broker will not have knowledge of existence nor terms of any bids placed.

Listing By: Remington Properties LLC - Realty One of New Mexico nmswmls Realty.com
  • MLS# 1109353
  • Date Listed08/14/2026
  • Days on Realty 5 Days
  • Bedrooms 3
  • Bathrooms 2 Full baths, 1 Half baths
  • Lot Size 0.5 acres (21,780 sq. ft)
  • Sewer Public Sewer
  • Subdivision Rio Rancho Estates
  • Property Type Single Family
  • County Sandoval
  • Year Built 2001
  • Water Public
  • Square Feet 1,938 sq. ft
  • Price Per Sq. Ft $168.73

Interior Features

  • Flooring Carpet, Tile
  • Cooling Evaporative Cooling
  • Heating Baseboard

Exterior / Lot Features

  • Exterior Private Yard
  • Roof Pitched, Shingle
  • Lot Size Acres 0.50
  • Lot Size SQFT 21,780.00
  • Lot Features Corner Lot, None

Directions

From Rainbow & Northern: West on Northern. Left (north) on 5th St to property on the left-hand (west) side of the street, SW corner of 5th St & 12th Ave. Take a left (west) on 12th Ave to pull into the driveway since it has entry from 12th Ave.

Financial Considerations

  • Tax Amount $1,450
  • Terms Cash, Conventional, FHA, VA Loan

Schools near 87144

Explore the local neighborhood highlights and top-rated schools near 87144 in Rio Rancho, NM.

Nearby Schools

Source: School Digger

Shining Stars Preschool

Public • PK - 4 • Serves this home

7.24 mi

Distance

Lincoln Middle School

Public • 6 - 8 • Serves this home

5.07 mi

Distance

Eagle Ridge Middle School

Public • 6 - 8

5.59 mi

Distance

Rio Rancho High School

Public • 9 - 12 • Serves this home

6.61 mi

Distance

The Ask Academy

Public • 9 - 12

8.15 mi

Distance

Cibola High School

Public • 9 - 12

9.94 mi

Distance

Gospel Light Baptist Academy

Private • PK - 12

4.96 mi

Distance

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for 87144

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

Population & Environment

Source: Sperling's Best Places

Walkability in NM / 87144

Source: Walk Score

0/100

Car-Dependent

Walk Score ®

0/100

Minimal Transit

Transit Score ®

21/100

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: 3/100, Transit Score: 0/100, Bike Score: 21/100.

Property Change History

Price Per Square Foot increased from $161.56 to $168.73

Points of Interest near 1205 5th Street NW, Rio Rancho, NM 87144

Frequently Asked Questions for 1205 5th Street NW

Source: Realty.com

1205 5th Street NW, Rio Rancho, NM 87144 in Rio Rancho Estates, Rio Rancho, NM 87144 is a single family listed at $327,000. Highlights include 3 bedrooms, 3 bathrooms, 1,938 sq. ft., built in 2001, 0.50 acre lot, $169 per sq. ft.. Realty.com has 36 photos, sales history, school insights, and mortgage tools for this ...

Realty.com has 36 photos of 1205 5th Street NW.

Our records indicate that 1205 5th Street NW was built in 2001.

The full address for this home is 1205 5th Street NW, Rio Rancho, NM 87144.

1205 5th Street NW has been listed on Realty.com since Fri August 14, 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: 3/100, Transit Score: 0/100, Bike Score: 21/100.

There are 3 schools assigned to this home. Check out the schools near 1205 5th Street NW. Shining Stars Preschool (Grades: PK - 4), Lincoln Middle School (Grades: 6 - 8), Rio Rancho High School (Grades: 9 - 12)

Listing provided courtesy of: Realty One of New Mexico (tel: 5058839400)
Listing agent: Remington Properties LLC (#remprops)

This content last refreshed on 2026-08-19 14:03:57. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.