$3,206 Closing Credit¹
#1081280, Tara Jones, Listing Office: Opendoor Brokerage, LLC
$205,000 List price
515 Montego Dr SE Rio Rancho, NM 87124
$2,434
Closing credit¹
3 beds
2 full
1,471 sqft
0.6 acres
$139 / sqft
House
Property details
About 515 Montego Dr SE
Great Fixer Upper Opportunity! Needs a full Remodel. Selling AS IS, Great Location in Rio Rancho. Close to Walmart, Rust Medical Hospital, restaurants. Over a half acre lot perched on a hill with Great Views of the Sandia Mountains. This property has a 30-day first look period from listing date for owner occupant buyers, Non-profit Organizations, Government Entities Only.No Utilities are activated.
Highlights
Home typeSingle Family Residence
HeatingBaseboard
StatusActive
CoolingEvaporative Cooling
Size1,471 sqft
Lot size0.56 Acres
Year built1989
ParkingAttached, Garage
MLS #1082294
Attached garage1 space
Summary
- MLS Number: 1082294
- MLS Name: SWMLS
- Office Name: Keller Williams Realty
- Office Phone: (505) 271-8200
- Office Email: alice@swcp.com
- Listing Agent: Chris J. Tellez
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: 4/24/2025, 11:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$205,000
515 Montego Dr SE
$2,434
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 | $30,860 | $1,043 |
| 2023 | $30,860 | $1,054 |
| 2022 | $30,861 | $1,054 |
| 2021 | $30,860 | $1,065 |
| 2019 | $30,860 | $1,085 |
| 2018 | $30,861 | $1,021 |
| 2017 | $30,861 | $1,008 |
History based on county public records data.
Nearby schools
5
Puesta del Sol Elementary School
Public District KG-5
1.3 mi
•450 Southern Blvd SE
4
Maggie Cordova Elementary School
Public District KG-5
1.4 mi
•1500 Veranda Rd SE
7
Martin Luther King Jr. Elementary School
Public District KG-5
2.0 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 $81,588. Most Rio Rancho, NM residents have annual incomes between $35k-100k. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
17%
<35k
59%
35k-100k
24%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
26%
Single, No Kids
11%
Single, with Kids
38%
Married, No Kids
25%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
10%
12-17 yrs old
19%
18-34 yrs old
43%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Horse Races
Soccer
College Basketball
Where do the neighbors shop?
Stein Mart
Burlington
Dillards
Where do the neighbors go to eat?
LongHorn Steakhouse
Wingstop
Logan's Roadhouse
What do the neighbors drive?
Buick
Nissan
Hyundai
What do the neighbors listen to?
Contemporary Inspirational
Christian Adult Contemporary
Rock
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
Living in Rio Rancho, NM
About 515 Montego Dr SE
This home is located at 515 Montego Dr SE in Rio Rancho, NM and zip code 87124. This 1,471 square foot home, which was built in 1989, sits on a 0.56 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 17, 2025 and is currently priced at $205,000.
Over 11 listings were sold over their listed price in March 2025 in Rio Rancho, NM. In the same period over 84 listings were sold below the listed price and 50 listings were sold for the listed price. In March 2025 in Rio Rancho, NM there were equal homes for sale than in February. Listings spent 46 days on the market in March 2025, and had a median list price of $360,054 during the same period.
From Rocket Homes Real Estate and based on county public records data.