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Single Family ResidenceResidential
$398,456$207 / 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

2340 MELON RIDGE LOOP NE

RIO RANCHO, NM 87144
3
Beds
2
Baths
1,923 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.
0.16 ac
Lot SizeThe size of the land the home sits on, from county records.

Valuation

$398K
$378K low$419K 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.$90,340
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$72,272
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.82%
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.$308,116
CALCON MUTUAL MORTGAGE LLC · recorded Jul 15, 2024

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,451 (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.$125,493 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$25,233
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$100,260
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$125,493
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$376,479

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.36
10
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
53
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
74
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
5
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.8 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.0.16

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.

M
Eagle Ridge Middle SchoolB+
Middle · Grades 6–8 · 0.4 mi
E
Ernest Stapleton Elementary SchoolB
Elementary · Grades KG–5 · 0.7 mi
H
Cleveland High SchoolB+
High · Grades 9–12 · 3.5 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%

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

2340 Melon Ridge Loop 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.

  • Has a smaller lot than 68% of homes in Sandoval County

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
$243K$767K

This home is worth more than 61% 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$398,456
CheaperTypical $367,271Pricier

Pricier than 61% of homes nearby

Price per ft²$207
CheaperTypical $212Pricier

Pricier than 44% of homes nearby

Living area1,923 ft²
SmallerTypical 1,856 ft²Bigger

Bigger than 54% of homes nearby

Lot size0.16 ac
SmallerTypical 0.17 acBigger

Bigger than 49% of homes nearby

How 2340 Melon Ridge Loop Ne ranks against every home in each area.
MeasureThis homeRio Rancho 87144Sandoval County
Estimated valuepricier than$398,45661% of homes57% of homes
Price per ft²pricier than$20744% of homes42% of homes
Living areabigger than1,923 ft²54% of homes56% of homes
Lot sizebigger than0.16 ac49% of homes32% of homes

About 2340 Melon Ridge Loop Ne

How much is 2340 Melon Ridge Loop Ne, Rio Rancho, NM worth?

The TopHap Estimate for 2340 Melon Ridge Loop Ne, Rio Rancho, NM is $398,456 as of Jul 14, 2026. The likely range is $378,235 to $418,677. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 2340 Melon Ridge Loop Ne, Rio Rancho, NM last sell?

2340 Melon Ridge Loop Ne, Rio Rancho, NM last sold on Jul 15, 2024, according to the county's recorded deed.

How big is 2340 Melon Ridge Loop Ne, Rio Rancho, NM?

2340 Melon Ridge Loop Ne, Rio Rancho, NM has 3 bedrooms, 2 bathrooms, 1,923 square feet of living space and a 0.16-acre lot.

What schools serve 2340 Melon Ridge Loop Ne, Rio Rancho, NM?

2340 Melon Ridge Loop Ne, Rio Rancho, NM is assigned to Eagle Ridge Middle School (middle), rated B+; Ernest Stapleton Elementary School (elementary), 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 2340 Melon Ridge Loop Ne, Rio Rancho, NM compare to other homes in Rio Rancho 87144?

Among the 19,310 homes in Rio Rancho 87144, it is worth more than 61% of them ($398,456 against a typical $367,271), its price per square foot is higher than 44% of them ($207 against a typical $212), it is bigger than 54% of them (1,923 ft² against a typical 1,856 ft²) and its lot is bigger than 49% of them (0.16 ac against a typical 0.17 ac). Measured against all of Sandoval County, it is worth more than 57% 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 2340 Melon Ridge Loop Ne, Rio Rancho, NM?

The 2025 property tax bill for 2340 Melon Ridge Loop Ne, Rio Rancho, NM was $4,451. The county assessed it at $125,493.

Closest homes

More homes in Rio Rancho 87144

Assigned schools

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