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Single Family ResidenceResidential
$363,074$227 / 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 95How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026

197 SPECTRUM AVE SW

RIO RANCHO, NM 87124
3
Beds
2
Baths
1,596 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.
0.15 ac
Lot SizeThe size of the land the home sits on, from county records.

Valuation

$363K
$346K low$381K high
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$30,353
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$24,282
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.92%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$332,721
PULTE MORTGAGE LLC · recorded Nov 18, 2024

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,180 (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.$115,976 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$24,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$91,976
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$115,976
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$347,929

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.38
10
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
59
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
75
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
6
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
40
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.6 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.6%

Scores 0–100; higher = greater projected risk.

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.0.15

Transaction History(1)

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
Puesta del Sol Elementary SchoolC+
Elementary · Grades KG–5 · 1.2 mi
M
Eagle Ridge Middle SchoolB+
Middle · Grades 6–8 · 3.6 mi
H
Rio Rancho High SchoolA-
High · Grades 9–12 · 4.2 mi

District: Rio Rancho Public Schools

Neighborhood · ZIP 87124These 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.79
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.83
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.126

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.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.22%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.6.3%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.64,562
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,340 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$75,628
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$92,061
Average tempThe average temperature here across a full year.53°F
Annual precipHow much rain and melted snow falls here in a typical year.11 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.76%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

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

197 Spectrum Ave Sw 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.

  • Costs more per square foot than 69% of homes in Rio Rancho 87124
  • Has a smaller lot than 76% of homes in Rio Rancho 87124

What homes are worth in Rio Rancho 87124

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

This home
$202K$747K

This home is worth more than 56% of homes in Rio Rancho 87124.

How it measures up in Rio Rancho 87124

The dot is this home. The mark in the middle is the typical home in Rio Rancho 87124.

Estimated value$363,074
CheaperTypical $350,121Pricier

Pricier than 56% of homes nearby

Price per ft²$227
CheaperTypical $209Pricier

Pricier than 69% of homes nearby

Living area1,596 ft²
SmallerTypical 1,691 ft²Bigger

Bigger than 44% of homes nearby

Lot size0.15 ac
SmallerTypical 0.24 acBigger

Bigger than 24% of homes nearby

How 197 Spectrum Ave Sw ranks against every home in each area.
MeasureThis homeRio Rancho 87124Sandoval County
Estimated valuepricier than$363,07456% of homes47% of homes
Price per ft²pricier than$22769% of homes60% of homes
Living areabigger than1,596 ft²44% of homes39% of homes
Lot sizebigger than0.15 ac24% of homes29% of homes

About 197 Spectrum Ave Sw

How much is 197 Spectrum Ave Sw, Rio Rancho, NM worth?

The TopHap Estimate for 197 Spectrum Ave Sw, Rio Rancho, NM is $363,074 as of Jul 14, 2026. The likely range is $345,633 to $380,515. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 197 Spectrum Ave Sw, Rio Rancho, NM last sell?

197 Spectrum Ave Sw, Rio Rancho, NM last sold on Nov 18, 2024, according to the county's recorded deed.

How big is 197 Spectrum Ave Sw, Rio Rancho, NM?

197 Spectrum Ave Sw, Rio Rancho, NM has 3 bedrooms, 2 bathrooms, 1,596 square feet of living space and a 0.15-acre lot.

What schools serve 197 Spectrum Ave Sw, Rio Rancho, NM?

197 Spectrum Ave Sw, Rio Rancho, NM is assigned to Puesta del Sol Elementary School (elementary), rated C+; Eagle Ridge Middle School (middle), rated B+; Rio Rancho High School (high), rated A-. All sit in Rio Rancho Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 197 Spectrum Ave Sw, Rio Rancho, NM compare to other homes in Rio Rancho 87124?

Among the 21,337 homes in Rio Rancho 87124, it is worth more than 56% of them ($363,074 against a typical $350,121), its price per square foot is higher than 69% of them ($227 against a typical $209), it is bigger than 44% of them (1,596 ft² against a typical 1,691 ft²) and its lot is bigger than 24% of them (0.15 ac against a typical 0.24 ac). Measured against all of Sandoval County, it is worth more than 47% 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 197 Spectrum Ave Sw, Rio Rancho, NM?

The 2025 property tax bill for 197 Spectrum Ave Sw, Rio Rancho, NM was $4,180. The county assessed it at $115,976.

Closest homes

More homes in Rio Rancho 87124

Assigned schools

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