This home's estimate is 57.6% lower than the average sale price ($349K) of 6 comparable homes.
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- Sale & tax history
- Property details
- Neighborhood
- Climate


348 4th Ave SW, Rio Rancho, NM 87124
About this home
Spacious 1-acre corner lot in the heart of Rio Rancho, within a thriving, growing community, this prime piece of land offers endless potential for motivated investors or those dreaming of building their perfect home. City water in the street. Act now--your future starts here!
Redfin Estimate
Market trends in 87124, NM
Last updated September 2026
Buyer's Market
Seller's Market
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Sale history for 348 4th Ave SW
Tax history for 348 4th Ave SW
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
- Public record
- Zoning
R-1
Single-Family Residential District
This district permits a low density of population in which the primary land use is a single-family dwelling unit.Include but are not limited to:
- Religious facility
- Housing-Group
- Housing-Single unit
- Infrastructure
- Public service
- Educational/school
- Recreation
- Park & open space
Property details
Exterior
- Land Information
- Topography: Level
- Current Use: Mobile Home, Residential, Single Family, Unimproved
- Possible Use: Mobile Home, Residential, Unimproved
- Lot Information
- Lot Size Acres: 1.17
- Lot Dimensions Source: Public Records
- Lot Size Source: Public Records
- Lot Features: Views, Acreage
- Zoning Description: R-1
- Property Information
- Has View
Financial
- Tax Information
- Annual Tax Amount: $799.80
Utilities
- Utility Information
- Utilities: Electricity Available, Water Available
- Sewer: Public Sewer
- Water Source: Public
Location
- Multi Unit Information
- # Of Lots: 1
- Location Information
- Distance To Electric Comments: In Street
- Distance To Gas Comments: None
- Distance To Phone Service Comments: In Street
- Distance To Sewer Comments: In Street
- Distance To Water Comments: In Street
Public facts
- Beds: 3
- Baths: 2.0
- Sq. Ft.: 1,656
- Stories: —
- Lot Size: 0.33 acres
- Style: Single Family Residential
- Year Built: 1986
- Year Renovated: —
- County: Sandoval County
- APN: R043166
Around this home
Schools
Public K-5 • Assigned • 1.3mi
Public 6-8 • Assigned • 1.5mi
Public 9-12 • Assigned • 0.8mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
0.62% chance of being in a wildfire in next 30 years
7 days above 95° expected this year, 19 days in 30 years
Minimal risk of severe winds over next 30 years
0 unhealthy days expected this year, 0 days in 30 years
Sun exposure
In this area, properties receive around 11.8 hours in June and 7.1 hours in December, placing it above the U.S. average for solar exposure.
Sell confidently with a local market expert in Rio Rancho. 3 minutes to get started.
Nearby similar homes
New listings for sale in 87124
Home values near 348 4th Ave SW
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1662 Sq. Ft. | $337,453 |
3 Beds | 2 Baths | 1589 Sq. Ft. | $325,309 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1518 Sq. Ft. | $322,643 |
3 Beds | 2 Baths | 1788 Sq. Ft. | $353,727 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1393 Sq. Ft. | $323,520 |
3 Beds | 2 Baths | 1880 Sq. Ft. | $274,236 |
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