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Single Family ResidenceResidential
$307,397$180 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 94How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $48,272 on Apr 2, 2007

1016 WATERFALL DR NE

RIO RANCHO, NM 87144
3
Beds
2.5
Baths
1,707 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.12 ac
Lot SizeThe size of the land the home sits on, from county records.
2008
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

$307K
$290K low$324K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$48,272 · Apr 2, 2007

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,206 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$63,037 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$12,027
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$51,010
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$61,201
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$189,111

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountySANDOVAL
Lot (acres)The size of the land the home sits on, from county records.0.12
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Cielo Azul Elementary SchoolC-
Elementary · Grades KG–5 · 0.6 mi
M
Rio Rancho Middle SchoolB+
Middle · Grades 6–8 · 4.2 mi
H
Cleveland High SchoolB+
High · Grades 9–12 · 4.2 mi

District: Rio Rancho Public Schools

Neighborhood · ZIP 87144These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.56
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.88
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.133

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.97%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.24%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.7.1%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.48,660
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.234 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$82,725
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$106,609
Average tempThe average temperature here across a full year.52°F
Annual precipHow much rain and melted snow falls here in a typical year.12 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.76%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

1016 Waterfall Dr Ne measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 79% of homes in Rio Rancho 87144
  • Costs less per square foot than 81% of homes in Rio Rancho 87144
  • Has a smaller lot than 89% of homes in Sandoval County
  • Newer than 86% of homes in Northern Meadows

What homes are worth in Rio Rancho 87144

Each bar is how many homes fall in that price range. The marker is this home.

This home
$227K$752K

This home is worth more than 21% of homes in Rio Rancho 87144.

How it measures up in Rio Rancho 87144

The dot is this home. The mark in the middle is the typical home in Rio Rancho 87144.

Estimated value$307,397
CheaperTypical $373,551Pricier

Pricier than 21% of homes nearby

Price per ft²$180
CheaperTypical $214Pricier

Pricier than 19% of homes nearby

Living area1,707 ft²
SmallerTypical 1,855 ft²Bigger

Bigger than 42% of homes nearby

Lot size0.12 ac
SmallerTypical 0.17 acBigger

Bigger than 15% of homes nearby

Year built2008
OlderTypical 2005Newer

Newer than 68% of homes nearby

How 1016 Waterfall Dr Ne ranks against every home in each area.
MeasureThis homeNorthern MeadowsRio Rancho 87144Sandoval County
Estimated valuepricier than$307,39742% of homes21% of homes25% of homes
Price per ft²pricier than$18043% of homes19% of homes20% of homes
Living areabigger than1,707 ft²53% of homes42% of homes44% of homes
Lot sizebigger than0.12 ac15% of homes15% of homes11% of homes
Year builtnewer than200886% of homes68% of homes79% of homes

About 1016 Waterfall Dr Ne

How much is 1016 Waterfall Dr Ne, Rio Rancho, NM worth?

The TopHap Estimate for 1016 Waterfall Dr Ne, Rio Rancho, NM is $307,397 as of Aug 30, 2026. The likely range is $290,461 to $324,333. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1016 Waterfall Dr Ne, Rio Rancho, NM last sell?

1016 Waterfall Dr Ne, Rio Rancho, NM last sold on Apr 2, 2007 for $48,272, according to the county's recorded deed.

How big is 1016 Waterfall Dr Ne, Rio Rancho, NM?

1016 Waterfall Dr Ne, Rio Rancho, NM has 3 bedrooms, 2.5 bathrooms, 1,707 square feet of living space and a 0.12-acre lot.

When was 1016 Waterfall Dr Ne, Rio Rancho, NM built?

1016 Waterfall Dr Ne, Rio Rancho, NM was built in 2008, making it 18 years old. The building has 1 story.

What schools serve 1016 Waterfall Dr Ne, Rio Rancho, NM?

1016 Waterfall Dr Ne, Rio Rancho, NM is assigned to Cielo Azul Elementary School (elementary), rated C-; Rio Rancho Middle School (middle), rated B+; Cleveland High School (high), rated B+. All sit in Rio Rancho Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1016 Waterfall Dr Ne, Rio Rancho, NM compare to other homes in Rio Rancho 87144?

Among the 19,872 homes in Rio Rancho 87144, it is worth more than 21% of them ($307,397 against a typical $373,551), its price per square foot is higher than 19% of them ($180 against a typical $214), it is bigger than 42% of them (1,707 ft² against a typical 1,855 ft²), its lot is bigger than 15% of them (0.12 ac against a typical 0.17 ac) and it is newer than 68% of them (2008 against a typical 2005). Measured against all of Sandoval County, it is worth more than 25% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1016 Waterfall Dr Ne, Rio Rancho, NM?

The 2025 property tax bill for 1016 Waterfall Dr Ne, Rio Rancho, NM was $2,206. The county assessed it at $63,037.

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