4 days on RocketTour
#1087333, Tracy L Morelock, Listing office: Realty One of New Mexico
$315,000 List price
121 Pearl Dr NE Rio Rancho, NM 87124
2 beds
1 full
1,734 sqft
0.1 acres
$182 / sqft
House
Property details
About 121 Pearl Dr NE
Come see this spacious Rio Rancho gem! This move-in ready home features a functional floor plan and clean, modern finishes throughout. A large bonus room with dedicated office space offers endless possibilities. The second bedroom includes a walk-in closet for added storage. Newer paint, updated flooring, and a brand-new water heater. Outside, you'll find a low-maintenance backyard with a flagstone patio and turf -- perfect for relaxing.
Highlights
Home typeSingle Family Residence
HeatingCentral, Forced Air
StatusActive
CoolingCentral Air
Size1,734 sqft
Lot size0.15 Acres
Year built1986
ParkingDetached, Garage
MLS #1087101
Garage1 space
Virtual tour
Summary
- Full Bathrooms: 1
- Appliances: Gas Range, Microwave, Refrigerator
- Basement: No
- Flooring Type: Tile
- Interior: Breakfast Bar, Ceiling Fan(s), Main Level Primary
- Total Bedroom Count: 2
- Garage Space: 1 space
- Attached Garage: No
- Private Pool: No
- Parking: Detached, Garage
- Exterior: Fully Fenced
- Heating: Central, Forced Air
- Cooling: Central Air
- List Price: $315,000
- Price/SqFt: $181
- Annual Tax Amount: $3,213
- Tax Year: 2024
- Lot: Landscaped
- Directions: From 528: West on Sundt; North on Pearl to home on the left
- Year Built: 1986
- Stories: 1
- Living Area: 1,734 SqFt
- Lot Size: 0.15 Acres
- MLS Number: 1087101
- MLS Name: SWMLS
- Office Name: Realty One of New Mexico
- Office Phone: (505) 554-2213
- Office Email: jeanette@raverteam.com
- Listing Agent: Emily J Aragon
The 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 © 2025 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: 7/10/2025, 4:45:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $88,839 | $3,213 |
| 2023 | $86,251 | $3,152 |
| 2022 | $67,052 | $2,450 |
| 2021 | $65,100 | $2,403 |
| 2019 | $41,675 | $1,567 |
| 2018 | $41,675 | $1,474 |
| 2017 | $38,997 | $1,292 |
History based on county public records data.
Nearby schools
6
Rio Rancho Elementary School
Public District KG-5
0.8 mi
•4601 Pepe Ortiz Rd SE
8
Enchanted Hills Elementary School
Public District KG-5
1.7 mi
•5400 Obregon Rd NE
6
Ernest Stapleton Elementary School
Public District KG-5
1.9 mi
•3100 Stapleton Ave NE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $77,985. Typical income of Rio Rancho, NM residents is between $35k-100k annually. Typical family type is married, with kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
7%
<35k
55%
35k-100k
34%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
29%
Single, No Kids
11%
Single, with Kids
29%
Married, No Kids
31%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
22%
<11 yrs old
9%
12-17 yrs old
23%
18-34 yrs old
38%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Soccer
College Basketball
Symphony or Opera
Where do the neighbors shop?
Burlington
Dillards
Chico's
Where do the neighbors go to eat?
Wingstop
Logan's Roadhouse
Boston Market
What do the neighbors drive?
Nissan
Hyundai
Volvo
What do the neighbors listen to?
Christian Adult Contemporary
Rock
Talk/Personality
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
About 121 Pearl Dr NE
The listing price of 121 Pearl Dr NE property is $315,000.
The property 121 Pearl Dr NE is a house located in Rio Rancho, New Mexico, 87124.
Active Listing: 121 Pearl Dr NE is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 121 Pearl Dr NE are: Rio Rancho Elementary School (GreatSchools Rating 6/10), Enchanted Hills Elementary School (GreatSchools Rating 8/10), Ernest Stapleton Elementary School (GreatSchools Rating 6/10), Rio Rancho Middle School (GreatSchools Rating 9/10), Eagle Ridge Middle School (GreatSchools Rating 6/10), Lincoln Middle School (GreatSchools Rating 6/10), The Ask Academy (GreatSchools Rating 7/10), Independence High School (GreatSchools Rating 2/10), Rio Rancho High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2024 is $3,213 (source: MLS/based on county public records data).
The property at 121 Pearl Dr NE has 2 bedrooms and 2 bathrooms.
The property 121 Pearl Dr NE is 1,734 SqFt (source: MLS/tax record).
The year of construction for 121 Pearl Dr NE is 1986.
This home is located at 121 Pearl Dr NE in Rio Rancho, NM and zip code 87124 in the Vista Hills neighborhood. This 1,734 square foot home, which was built in 1986, sits on a 0.15 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 9, 2025 and is currently priced at $315,000.
While more than 20 listings in Rio Rancho, NM in June 2025 were sold above asking price, there were more than 69 listings sold at asking price, and more than 73 were sold below. The number of homes for sale in Rio Rancho, NM decreased by 9.1% between May and June 2025. In June 2025, listings were on the market for 28 days. During the same period, the median list price in this real estate market was $365,000.
From Rocket Homes Real Estate and based on county public records data.