$5,344 Closing Credit¹
#1080335, Derick Romero, Listing office: Coldwell Banker Legacy
$435,000 List price
2198 Lema Rd SE Rio Rancho, NM 87124
$5,166
Closing credit¹
4 beds
2 full
2,196 sqft
0.2 acres
$198 / sqft
House
Property details
About 2198 Lema Rd SE
Welcome to this spacious 4-bedroom, 3-bath, two-story home filled with natural light! The bright and open living room features a large window that brings in warmth and charm. The kitchen includes a center island, perfect for cooking, gathering, and entertaining. Step outside to an oversized backyard complete with a covered patio--ideal for relaxing or hosting guests. A storage shed adds extra convenience for tools or hobbies. This well-maintained home is the perfect blend of comfort, space, and functionality. Don't miss your chance to make it yours!
Highlights
Home typeSingle Family Residence
HeatingCentral, Forced Air, Natural Gas
StatusActive
CoolingCentral Air
Size2,196 sqft
Lot size0.21 Acres
Year built1994
ParkingAttached, Garage
MLS #1086074
Attached garage2 spaces
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Refrigerator
- Basement: No
- Flooring Type: Carpet, Tile, Wood
- Interior: Ceiling Fan(s), Main Level Primary, Pantry, Walk-In Closet(s)
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Attached Garage: Yes
- Private Pool: No
- Parking: Attached, Garage
- Exterior: Balcony, Fence
- Heating: Central, Forced Air, Natural Gas
- Cooling: Central Air
- List Price: $435,000
- Price/SqFt: $198
- Annual Tax Amount: $2,439
- Tax Year: 2023
- Directions: Head north on Rio Rancho Blvd SE toward Sabana Grande Ave SE; turn left on High Resort Blvd; Continue onto Seven Falls Dr; Turn left onto Lema Rd SE; Destination is on right.
- Year Built: 1994
- Stories: 2
- Living Area: 2,196 SqFt
- Lot Size: 0.21 Acres
- MLS Number: 1086074
- MLS Name: SWMLS
- Office Name: Coldwell Banker Legacy
- Office Phone: (505) 828-1000
- Office Email: amy.steudle@cblegacy.com
- Listing Agent: Sean N. Kesani
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: 6/17/2025, 12:55:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$435,000
2198 Lema Rd SE
$5,166
closing credit¹
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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 | $68,740 | $- |
| 2023 | $66,739 | $2,439 |
| 2022 | $64,795 | $2,368 |
| 2021 | $62,908 | $2,322 |
| 2019 | $59,298 | $2,004 |
| 2018 | $57,570 | $1,824 |
| 2017 | $55,894 | $1,742 |
History based on county public records data.
Nearby schools
6
Ernest Stapleton Elementary School
Public District KG-5
0.9 mi
•3100 Stapleton Ave NE
7
Martin Luther King Jr. Elementary School
Public District KG-5
1.8 mi
•1301 Nicklaus Dr SE
4
Maggie Cordova Elementary School
Public District KG-5
2.0 mi
•1500 Veranda Rd SE
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 $68,421. The majority of Rio Rancho, NM residents have income between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
28%
<35k
39%
35k-100k
28%
100k-200k
5%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
44%
Single, No Kids
9%
Single, with Kids
35%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
6%
12-17 yrs old
16%
18-34 yrs old
43%
35-64 yrs old
23%
65+ yrs old
What do the neighbors do for fun?
Horse Races
Extreme Sports
Hiking/backpacking
Where do the neighbors shop?
Stein Mart
Sam's Club
Nordstrom Rack
Where do the neighbors go to eat?
LongHorn Steakhouse
White Castle
Chipotle
What do the neighbors drive?
Buick
Oldsmobile
Mazda
What do the neighbors listen to?
Contemporary Inspirational
Rock
Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
About 2198 Lema Rd SE
The listing price of 2198 Lema Rd SE property is $435,000.
The property 2198 Lema Rd SE is a house located in Rio Rancho, New Mexico, 87124.
Active Listing: 2198 Lema Rd SE is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2198 Lema Rd SE are: Ernest Stapleton Elementary School (GreatSchools Rating 6/10), Martin Luther King Jr. Elementary School (GreatSchools Rating 7/10), Maggie Cordova Elementary School (GreatSchools Rating 4/10), Lincoln Middle School (GreatSchools Rating 6/10), Eagle Ridge Middle School (GreatSchools Rating 6/10), Rio Rancho Middle School (GreatSchools Rating 9/10), Rio Rancho High School (GreatSchools Rating 8/10), The Ask Academy (GreatSchools Rating 7/10), Rio Rancho Cyber Academy (GreatSchools Rating 9/10).
According to the records, the last property tax for 2023 is $2,439 (source: MLS/based on county public records data).
The property at 2198 Lema Rd SE has 4 bedrooms and 3 bathrooms.
The property 2198 Lema Rd SE is 2,196 SqFt (source: MLS/tax record).
The year of construction for 2198 Lema Rd SE is 1994.
This home is located at 2198 Lema Rd SE in Rio Rancho, NM and zip code 87124 in the Broadmoor neighborhood. This 2,196 square foot home, which was built in 1994, sits on a 0.21 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 16, 2025 and is currently priced at $435,000.
In May 2025 more than 24 listings in Rio Rancho, NM were sold above the asking price. During the same period more than 55 listings were sold at asking price, while more than 69 were sold below. The number of homes for sale in Rio Rancho, NM decreased by 5.8% between April and May 2025. Listings spent 38 days on the market in May 2025, and had a median list price of $364,963 during the same period.
From Rocket Homes Real Estate and based on county public records data.