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$220,000

921 Frances Ln Corrales, NM 87048

1 bed
1 full
815 sqft
0.3 acres
$270 / sqft
House

Property details

About 921 Frances Ln

Charming Corrales OpportunityNestled on a spacious .26-acre lot in the heart of sought-after Corrales, 815sf 1-bedroom, 1-bath home offers a rare chance to own in 1 of New Mexico's most beloved communities at an affordable price.Home is being sold as-is & presents a fantastic opportunity for those with vision. The well was serviced in June '25. 2 additional structures on the property provide flexible space for a workshop, studio, & carport.Enjoy the charm of Corrales living with local favorites like Indigo Crow Cafe, Hannah & Nate's, & Village Pizza just minutes away. The Community Library right down the road, scenic walks along the Rio Grande in the Bosque Preserve offer a peaceful escape into nature.

Highlights

Home typeSingle Family Residence
HeatingFloor Furnace, Multi Unit(s)
StatusActive
Size815 sqft
Lot size0.26 Acres
Year built1960
MLS #1086596

Summary

  • Full Bathrooms: 1
  • Appliances: Gas Range, Washer
  • Basement: No
  • Flooring Type: Tile
  • Interior: Ceiling Fan(s), Main Level Primary
  • Total Bedroom Count: 1
  • Private Pool: No
  • Exterior: Fully Fenced, Private Entrance
  • Architectural Style: Pueblo
  • Heating: Floor Furnace, Multi Unit(s)
  • Cooling: None
  • List Price: $220,000
  • Price/SqFt: $269
  • Annual Tax Amount: $262
  • Tax Year: 2024
  • Lot: Corner Lot
  • Directions: From 529 and Ellison drive NE on Ellison for 0.2 miles. Continue onto Loma larga for 1.8 miles. Turn East on W La Entrada for 0.2 miles. Turn south on Frances Ln. Property is on Corner of Frances and W La Entrada.Google maps takes you to the wrong place.
  • Year Built: 1960
  • Stories: 1
  • Living Area: 815 SqFt
  • Lot Size: 0.26 Acres
  • MLS Number: 1086596
  • MLS Name: SWMLS
  • Office Name: Jason Mitchell RE NM
  • Office Phone: (505) 808-9940
  • Office Email: steffansellshomes@gmail.com
  • Listing Agent: New Mexico Home Group

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 © 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: 7/20/2025, 8:45:26 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

YearAssessmentProperty Tax
2024$8,840$262
2023$8,582$247
2022$8,333$238
2021$8,090$231
2019$7,626$205
2018$7,404$195
2017$7,188$177

History based on county public records data.

Nearby schools

7

Corrales Elementary School

Public District KG-5

1.1 mi

200 Target Rd

6

Rio Rancho Elementary School

Public District KG-5

1.6 mi

4601 Pepe Ortiz Rd SE

4

Alameda Elementary School

Public District PK-5

2.7 mi

412 Alameda Blvd NW

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $85,364. Residents of Corrales, NM typically earn between $35k-100k each year. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

17%
<35k
45%
35k-100k
30%
100k-200k
8%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

33%
Single, No Kids
6%
Single, with Kids
42%
Married, No Kids
19%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
8%
12-17 yrs old
10%
18-34 yrs old
52%
35-64 yrs old
19%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Skiing/snowboardingSkiing/snowboarding
  • NASCARNASCAR

Where do the neighbors shop?

  • Stein MartStein Mart
  • BJs Wholesale ClubBJs Wholesale Club
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • PaneraPanera
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • LincolnLincoln
  • InfinitiInfiniti
  • LexusLexus

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • Adult HitsAdult Hits
  • OldiesOldies
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

Living in Corrales, NM

Transportation in Corrales is primarily oriented towards private vehicles, with well-maintained roads connecting residents to nearby cities and amenities. Public transit options are available, with services connecting to the larger metropolitan area. The village's layout and scenic trails also encourage walking and biking, with certain areas being particularly pedestrian-friendly. While ride-sharing services are present, they complement the existing transportation infrastructure, offering additional mobility solutions for residents and visitors.

Residents of Corrales have access to a range of essential services. The community is served by a number of public schools, providing educational opportunities from elementary through high school levels. Healthcare services are available in nearby cities, offering comprehensive care including urgent and primary care. The village also features a public library, and local retail and dining establishments reflect the unique culture of the area, with a focus on locally-sourced products and traditional New Mexican cuisine.

Corrales maintains a rural charm and a strong sense of community, celebrated for its agricultural roots and open spaces. The village prides itself on its local art scene, with numerous galleries and studios dotting the area. Seasonal events, such as the Corrales Harvest Festival, embody the community's connection to its agrarian history and foster a sense of togetherness among residents.

The housing landscape in Corrales is characterized by a predominance of single-family homes, which make up a significant portion of the market. These homes often feature Southwestern and Pueblo-style architecture, reflecting the region's cultural heritage. The area also offers a selection of townhouses and a limited number of apartments, providing options for various living preferences. The majority of the homes were built between the 1970s and the 1990s, with a homeownership rate that is high, indicating a stable residential community.

About 921 Frances Ln

The listing price of 921 Frances Ln property is $220,000.

The property 921 Frances Ln is a house located in Corrales, New Mexico, 87048.

Active Listing: 921 Frances Ln is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 921 Frances Ln are: Corrales Elementary School (GreatSchools Rating 7/10), Rio Rancho Elementary School (GreatSchools Rating 6/10), Alameda Elementary School (GreatSchools Rating 4/10), Taylor Middle School (GreatSchools Rating 5/10), Lincoln Middle School (GreatSchools Rating 6/10), North Valley Academy (GreatSchools Rating 6/10), Rio Rancho Cyber Academy (GreatSchools Rating 9/10), The Ask Academy (GreatSchools Rating 7/10), Cibola High School (GreatSchools Rating 6/10).

According to the records, the last property tax for 2024 is $262 (source: MLS/based on county public records data).

The property at 921 Frances Ln has 1 bedroom and 1 bathroom.

The property 921 Frances Ln is 815 SqFt (source: MLS/tax record).

The year of construction for 921 Frances Ln is 1960.

This home is located at 921 Frances Ln in Corrales, NM and zip code 87048. This 815 square foot home, which was built in 1960, sits on a 0.26 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since June 26, 2025 and is currently priced at $220,000.

In June 2025, from all listings sold in Corrales, NM there were more than 2 sold above asking price, over 4 sold below and more than 3 were sold right at the asked price. In June 2025 in Corrales, NM there were 5.8% more homes for sale than in May. In June 2025, listings were on the market for 32 days. During the same period, the median list price in this real estate market was $680,000.

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

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