Skip to content
Skip to content
TopHapOpen in map
Single Family ResidenceResidential
$393,301$194 / 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 96How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $340,154 on May 4, 2023

5508 FENCE LAKE DR NE

RIO RANCHO, NM 87144
3
Beds
2.5
Baths
2,023 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.
2004
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

$393K
$378K low$409K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$340,154 · May 4, 2023

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,208 (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.$120,257 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$19,921
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$100,336
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$116,754
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$360,771

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
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(5)

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
Vista Grande Elementary SchoolA
Elementary · Grades KG–5 · 0.7 mi
M
Mountain View Middle SchoolA+
Middle · Grades 6–8 · 2.1 mi
H
Cleveland High SchoolA-
High · Grades 9–12 · 3.2 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%

Owner Tools

Do you own this home?
Claim this home

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

5508 Fence Lake 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 more than 66% of homes in Enchanted Hills
  • Costs less per square foot than 70% of homes in Rio Rancho 87144
  • Has a smaller lot than 74% of homes in Enchanted Hills
  • Newer than 73% of homes in Enchanted Hills

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
$223K$726K

This home is worth more than 59% 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$393,301
CheaperTypical $370,805Pricier

Pricier than 59% of homes nearby

Price per ft²$194
CheaperTypical $211Pricier

Pricier than 30% of homes nearby

Living area2,023 ft²
SmallerTypical 1,858 ft²Bigger

Bigger than 59% of homes nearby

Lot size0.15 ac
SmallerTypical 0.16 acBigger

Bigger than 43% of homes nearby

Year built2004
OlderTypical 2006Newer

Newer than 44% of homes nearby

How 5508 Fence Lake Dr Ne ranks against every home in each area.
MeasureThis homeEnchanted HillsRio Rancho 87144Sandoval County
Estimated valuepricier than$393,30166% of homes59% of homes57% of homes
Price per ft²pricier than$19443% of homes30% of homes32% of homes
Living areabigger than2,023 ft²62% of homes59% of homes60% of homes
Lot sizebigger than0.15 ac26% of homes43% of homes28% of homes
Year builtnewer than200473% of homes44% of homes61% of homes

About 5508 Fence Lake Dr Ne

How much is 5508 Fence Lake Dr Ne, Rio Rancho, NM worth?

The TopHap Estimate for 5508 Fence Lake Dr Ne, Rio Rancho, NM is $393,301 as of Sep 24, 2026. The likely range is $377,966 to $408,636. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 5508 Fence Lake Dr Ne, Rio Rancho, NM last sell?

5508 Fence Lake Dr Ne, Rio Rancho, NM last sold on May 4, 2023 for $340,154, according to the county's recorded deed.

How big is 5508 Fence Lake Dr Ne, Rio Rancho, NM?

5508 Fence Lake Dr Ne, Rio Rancho, NM has 3 bedrooms, 2.5 bathrooms, 2,023 square feet of living space and a 0.15-acre lot.

When was 5508 Fence Lake Dr Ne, Rio Rancho, NM built?

5508 Fence Lake Dr Ne, Rio Rancho, NM was built in 2004, making it 22 years old. The building has 1 story.

What schools serve 5508 Fence Lake Dr Ne, Rio Rancho, NM?

5508 Fence Lake Dr Ne, Rio Rancho, NM is assigned to Vista Grande Elementary School (elementary), rated A; Mountain View 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 5508 Fence Lake 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 59% of them ($393,301 against a typical $370,805), its price per square foot is higher than 30% of them ($194 against a typical $211), it is bigger than 59% of them (2,023 ft² against a typical 1,858 ft²), its lot is bigger than 43% of them (0.15 ac against a typical 0.16 ac) and it is newer than 44% of them (2004 against a typical 2006). 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 5508 Fence Lake Dr Ne, Rio Rancho, NM?

The 2025 property tax bill for 5508 Fence Lake Dr Ne, Rio Rancho, NM was $4,208. The county assessed it at $120,257.

More homes on Fence Lake Dr Ne

Closest homes

More homes in Rio Rancho 87144

Assigned schools

Explore the area

See this home in context

Open 5508 Fence Lake Dr Ne on TopHap’s interactive map to compare it against every sale nearby, overlay school zones and flood risk, and run a CMA.

Open in map
A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map