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Single Family ResidenceResidential
$274,655$192 / 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 93How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Oct 21, 2026
Last sold for $112,700 on Dec 14, 2010

3540 ELDER MEADOWS DR NE

RIO RANCHO, NM 87144
3
Beds
2
Baths
1,431 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.
2003
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

$275K
$255K low$294K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$112,700 · Dec 14, 2010

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$752 (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.$32,871 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$7,399
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$25,472
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$32,870
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$98,612

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.11 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.34%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

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.0.12
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 SchoolB
Elementary · Grades KG–5 · 0.7 mi
M
Rio Rancho Middle SchoolA
Middle · Grades 6–8 · 4.2 mi
H
Cleveland High SchoolA-
High · Grades 9–12 · 4.3 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

3540 Elder Meadows 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 89% of homes in Rio Rancho 87144
  • Costs less per square foot than 70% of homes in Sandoval County
  • Smaller than 78% of homes in Rio Rancho 87144
  • Has a smaller lot than 85% of homes in Sandoval County
  • Older than 68% 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
$222K$715K

This home is worth more than 11% 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$274,655
CheaperTypical $366,811Pricier

Pricier than 11% of homes nearby

Price per ft²$192
CheaperTypical $209Pricier

Pricier than 31% of homes nearby

Living area1,431 ft²
SmallerTypical 1,858 ft²Bigger

Bigger than 22% of homes nearby

Lot size0.12 ac
SmallerTypical 0.16 acBigger

Bigger than 22% of homes nearby

Year built2003
OlderTypical 2006Newer

Newer than 37% of homes nearby

How 3540 Elder Meadows Dr Ne ranks against every home in each area.
MeasureThis homeNorthern MeadowsRio Rancho 87144Sandoval County
Estimated valuepricier than$274,65516% of homes11% of homes14% of homes
Price per ft²pricier than$19254% of homes31% of homes30% of homes
Living areabigger than1,431 ft²28% of homes22% of homes27% of homes
Lot sizebigger than0.12 ac34% of homes22% of homes15% of homes
Year builtnewer than200332% of homes37% of homes57% of homes

About 3540 Elder Meadows Dr Ne

How much is 3540 Elder Meadows Dr Ne, Rio Rancho, NM worth?

The TopHap Estimate for 3540 Elder Meadows Dr Ne, Rio Rancho, NM is $274,655 as of Oct 21, 2026. The likely range is $255,051 to $294,259. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 3540 Elder Meadows Dr Ne, Rio Rancho, NM last sell?

3540 Elder Meadows Dr Ne, Rio Rancho, NM last sold on Dec 14, 2010 for $112,700, according to the county's recorded deed.

How big is 3540 Elder Meadows Dr Ne, Rio Rancho, NM?

3540 Elder Meadows Dr Ne, Rio Rancho, NM has 3 bedrooms, 2 bathrooms, 1,431 square feet of living space and a 0.12-acre lot.

When was 3540 Elder Meadows Dr Ne, Rio Rancho, NM built?

3540 Elder Meadows Dr Ne, Rio Rancho, NM was built in 2003, making it 23 years old. The building has 1 story.

What schools serve 3540 Elder Meadows Dr Ne, Rio Rancho, NM?

3540 Elder Meadows Dr Ne, Rio Rancho, NM is assigned to Cielo Azul Elementary School (elementary), rated B; Rio Rancho Middle School (middle), rated A; Cleveland 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 3540 Elder Meadows 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 11% of them ($274,655 against a typical $366,811), its price per square foot is higher than 31% of them ($192 against a typical $209), it is bigger than 22% of them (1,431 ft² against a typical 1,858 ft²), its lot is bigger than 22% of them (0.12 ac against a typical 0.16 ac) and it is newer than 37% of them (2003 against a typical 2006). Measured against all of Sandoval County, it is worth more than 14% 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 3540 Elder Meadows Dr Ne, Rio Rancho, NM?

The 2025 property tax bill for 3540 Elder Meadows Dr Ne, Rio Rancho, NM was $752. The county assessed it at $32,871.

More homes on Elder Meadows Dr Ne

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