#1084191, Kathleen M Cates, Listing Office: PQuail Realty & Property Mgmt
248 Prism Ave SW Rio Rancho, NM 87124
Property details
About 248 Prism Ave SW
*Under construction, ready in August 2025* Tired of paying rent? Invest in a new home at Rainbow Canyon - Rio Rancho's newest community minutes from shopping. Rainbow Canyon offers ''life-tested'' modern floor plans at an affordable price designed to enhance your evolving lifestyle. The Chimayo is a modern 3 bed 2 bath home with open concept living, granite countertops, and a delightful blend of a large covered patio and welcoming front porch. Experience comfort and style in every corner. Centex plans feature openness and energy-efficiencient designs to boast livability and savings on utility bills! Enjoy a functional kitchen with stainless-steel appliances, including a side-by-side refrigerator, granite countertops, and 15'' x 15'' tile in wet areas.
Highlights
Summary
- Full Bathrooms: 1
- Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Gas Range, Disposal, Microwave, Refrigerator, Range Hood, Self Cleaning Oven
- Basement: No
- Flooring Type: Carpet, Tile
- Interior: Entrance Foyer, High Speed Internet, Kitchen Island, Main Level Primary, Pantry, Shower Only, Separate Shower, Cable TV, Walk-In Closet(s)
- Fireplace: Gas Log
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: Yes
- Private Pool: No
- Parking: Attached, Garage
- Exterior: Private Yard, Sprinkler/Irrigation, Landscaping
- Heating: Central, Forced Air, Natural Gas
- Cooling: Central Air
- List Price: $319,990
- Price/SqFt: $253
- HOA Amount: $45 Monthly
- Lot: Landscaped
- Directions: From I-25: Travel North on I-25 toward NM-423 Paseo del Norte, Take exit 232 for NM-423 and keep left toward Paseo del Norte, Continue straight onto Paseo del Norte, Turn right onto Unser Blvd, Follow Unser Blvd to Southern Blvd and turn left, continue straight on Southern and turn Right on Rainbow Blvd, continue down Rainbow Blvd and Rainbow Canyon will be on your left.
- Year Built: 2025
- Stories: 1
- Living Area: 1,264 SqFt
- Lot Size: 0.13 Acres
- MLS Number: 1080706
- MLS Name: SWMLS
- Office Name: Pulte Homes of New Mexico
- Office Phone: (505) 761-9606
- Office Email: victoria.velarde@pultegroup.com
- Listing Agent: Wade Messenger
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: 5/25/2025, 3:20:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹

$319,990
248 Prism Ave SW
$3,800
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
5
Puesta del Sol Elementary School
Public District KG-5
1.1 mi
•450 Southern Blvd SE
4
Maggie Cordova Elementary School
Public District KG-5
2.7 mi
•1500 Veranda Rd SE
7
Martin Luther King Jr. Elementary School
Public District KG-5
3.4 mi
•1301 Nicklaus Dr 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 $45,974. The majority of Rio Rancho, NM residents have income between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.
Similar homes for sale
Frequently asked questions
Living in Rio Rancho, NM
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.
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.
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.
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.
About 248 Prism Ave SW
The listing price of 248 Prism Ave SW property is $319,990.
The property 248 Prism Ave SW is a house located in Rio Rancho, New Mexico, 87124.
Active Listing: 248 Prism Ave SW is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 248 Prism Ave SW are: Puesta del Sol Elementary School (GreatSchools Rating 5/10), Maggie Cordova Elementary School (GreatSchools Rating 4/10), Martin Luther King Jr. Elementary School (GreatSchools Rating 7/10), Lincoln Middle School (GreatSchools Rating 6/10), Coyote Willow Family School (GreatSchools Rating 6/10), Eagle Ridge Middle School (GreatSchools Rating 6/10), Rio Rancho High School (GreatSchools Rating 8/10), Rio Rancho Cyber Academy (GreatSchools Rating 9/10), Volcano Vista High School (GreatSchools Rating 6/10).
The property at 248 Prism Ave SW has 3 bedrooms and 2 bathrooms.
The property 248 Prism Ave SW is 1,264 SqFt (source: MLS/tax record).
The year of construction for 248 Prism Ave SW is 2025.
This home is located at 248 Prism Ave SW in Rio Rancho, NM and zip code 87124. This 1,264 square foot home, which was built in 2025, sits on a 0.13 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 24, 2025 and is currently priced at $319,990.
While more than 20 listings in Rio Rancho, NM in April 2025 were sold above asking price, there were more than 47 listings sold at asking price, and more than 52 were sold below. Between March and April 2025, Rio Rancho, NM real estate market has seen decrease in the number of listings by 5.5%. While the average time on the market in April 2025 was 43 days, the median list price was $364,627.