7 months on rocket

388 Pecos Loop SE, Rio Rancho, NM, 87124

$599,435

Home List Price

$7,118*

Closing Credit

5 Bedrooms
2 Full Baths, 1 Partial
2,528 SqFt
$237/SqFt
House

Location

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388 Pecos Loop SE, Rio Rancho$599,435

Buyer Closing Credits

$7,118*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Electricity, Garage, Garage Door Opener
Attached Garage2 spaces
Year Built2024
HeatingCentral, Forced Air, Natural Gas
CoolingCentral Air
MLS #1062269
Lot Size0.20 Acres
StatusActive

About 388 Pecos Loop SE

Currently under construction, this two unit property includes a 1,628 SQ. FT. two story, three bedroom, three bath, two car garage main home AND a detached 900 SQ. FT. single story, two bedroom, one bath Accessory Dwelling Unit with parking pad. Both units include full kitchens with granite counters and stainless appliances, laundry rooms, and covered patios. Both units will be NM Green Build certified.These properties are perfect for multi-generational families or buyers looking additional rental income potential.

Property Details

Property Features

Property Information:

  • Year Built: 2024
  • Stories: 2
  • Living Area: 2,528 SqFt

Listing Office:

  • Office Name: Q Realty
  • Office Phone: (505) 750-0059
  • Listing Agent: Brian Leigh Earnest

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Range, Disposal, Microwave
  • Basement: No
  • Flooring Type: Carpet, Tile
  • Interior: Dual Sinks, Great Room, Kitchen Island, Pantry, Shower Only, Separate Shower, Water Closet(s), Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Private Yard, Private Entrance

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Electricity, Garage, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Landscaped
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Head West on Southern Blvd to Baltic Ave, Turn Right (North) on Baltic Ave. to Pecos Loop, turn Left (West) on Pecos Loop to 388 Pecos Loop.

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,435
  • Price Per SqFt: $237/SqFt
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Housing Market Comparison

See how this home compares to others in Rio Rancho, NM.

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Rio Rancho, NM

City

Med. Sold Price

$356.9K

Med. Price/SqFt

$206

Avg. Days On Market

40

# of Sold Homes

127

388 Pecos Loop SE vs Rio Rancho

215 DAYS ON ROCKET

+175 Days

$599,435

+$242.4K More

$237/SqFt

+$30 More

KEY TAKEAWAY

This property is $242.4K more than the Median Sold Price and $30/SqFt more than other homes in Rio Rancho, NM.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWMLS
  • MLS Number: #1062269

Listing Office:

  • Office Name: Q Realty
  • Office Phone: (505) 750-0059
  • Listing Agent: Brian Leigh Earnest

IDXThe data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.

Copyright © 2024 Southwest Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 6:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,059

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,864

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-898266
5
/10

  • Puesta del Sol Elementary School

  • 450 Southern Blvd SE

  • 0.42 miles

  • Public District Grades KG-5

school-card-donut-898267
4
/10

  • Maggie Cordova Elementary School

  • 1500 Veranda Rd SE

  • 1.91 miles

  • Public District Grades KG-5

school-card-donut-898268
7
/10

  • Martin Luther King Jr. Elementary School

  • 1301 Nicklaus Dr SE

  • 2.64 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,216. The most common annual income of people living in Rio Rancho, NM is between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Rio Rancho, NM

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Rio Rancho, NM?

Rio Rancho offers a diverse array of housing options, with single-family homes being a significant part of the market. The architectural styles vary, with modern, pueblo-style, and ranch homes dotting the landscape. The housing market is dynamic, with new developments complementing established neighborhoods. While the majority of residents own their homes, there is also a substantial rental market to accommodate various preferences.

Is Rio Rancho, NM a good place to live?

Rio Rancho is known for its family-friendly atmosphere and community-oriented lifestyle. The city prides itself on its recreational parks, annual events, and a sense of tranquility that appeals to many of its residents. It's a place where community events and local sports bring residents together, reflecting the area's collective values and neighborly spirit.

Are things conveniently located in Rio Rancho, NM?

The city is served by a robust educational system, including numerous public and private schools that cater to a range of educational needs. Healthcare services are readily available, with local clinics and a regional hospital providing comprehensive care. Rio Rancho also features a selection of retail and dining options that reflect the local Southwestern culture, with city initiatives in place to continually enhance these services.

What does the transportation in Rio Rancho, NM look like?

Transportation in Rio Rancho includes a network of major roads and highways that connect residents to nearby Albuquerque and other parts of New Mexico. Public transit options are available, with routes designed to serve key areas of the city. The community is also making strides in improving walkability in several neighborhoods, and while ride-sharing services are present, the area's layout tends to favor private vehicle use.

Frequently Asked Questions About 388 Pecos Loop SE

What is the listing price of this property?

The listing price of 388 Pecos Loop SE property is $599,435.

What type of property is this?

The property 388 Pecos Loop SE is a house located in Rio Rancho, New Mexico, 87124.

Is this property for sale now?

Active Listing: 388 Pecos Loop SE is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 388 Pecos Loop SE has 5 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 388 Pecos Loop SE is 2,528 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 388 Pecos Loop SE is 2024.

Rocket Homes›New Mexico›Sandoval County›Rio Rancho›87124›388 Pecos Loop SE

This home is located at 388 Pecos Loop SE in Rio Rancho, NM and zip code 87124. This 2,528 square foot home, which was built in 2024, sits on a 0.20 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 20, 2024 and is currently priced at $599,435.

In November 2024 more than 19 listings in Rio Rancho, NM were sold above the asking price. During the same period more than 50 listings were sold at asking price, while more than 58 were sold below. The number of homes for sale in Rio Rancho, NM decreased by 16.4% between October 2024 and November 2024. The median list price of listings available in November 2024 was $356,947, while the average time on the real estate market was 40 days.

From Rocket Homes Real Estate and based on county public records data.

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