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1205 5th Street

Rio Rancho, NM 87144
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Bed 3

Bed

Bath 3

Bath

SqFt1,938

Sqft

Acres0.50

Acre(Lot)

Bring your vision and handy skills to this spacious home on a generous half-acre lot in a peaceful western Rio Rancho setting! Offering plenty of potential to renovate, personalize and create a home that truly reflects your style, this property is an exciting opportunity for buyers ready to roll up their sleeves and make it their own.HUD-Owned Home - Equal Housing Opportunity. Managed by Raine & Co. HUD Case #361-346720. HUD $100 down payment special available for all FHA-financed buyers! This property is listed IE - Insurable with Escrow - final financing eligibility subject to buyer's appraisal. This means that the home likely needs less than $10,000 in repairs in order to meet FHA's minimum property standards. If a buyer obtains FHA 203(B) financing they can borrow up to $10,000 more th an the purchase price to be escrowed by their lender and paid to a licensed contractor approved by buyer's lender after closing to complete repairs to meet FHA minimum property standards. Buyers may also take advantage of FHA 203(K) renovation financing. This is a financing option for buyers to borrow more than the purchase price to affordably finance in all renovations / repairs not just limited to items to meet minimum property standards! Work must be performed post-closing by licensed contractors approved by buyer's mortgage company. Buyer remains responsible for earnest money, utility activation costs and applicable closing costs even when utilizing the FHA $100 down payment special. HUD homes are sold AS-IS, WHERE-IS, WITH ALL FAULTS. HUD will not make repairs or provide payment/credit for repairs prior to closing for any reason. Buyers are strongly encouraged to obtain independent professional inspections. A Property Condition Report (PCR), Environmental Compliance Record (ECR) and Property Listing Disclosure (PLD) are available for informational purposes only but are not substitutes for buyer's professional home inspections.Utility Turn-Ons: With an accepted bid, buyer is responsible for all costs associated with activating utilities for inspections/appraisal (such as plumbing mercury tests where applicable and all utility company expenses). Utility activation requires prior approval from HUD's Field Service Manager. If water line does not hold pressure in the PCR/PLD, buyer will not be permitted to put the water on. All bids must be submitted directly through the HUD Home Store website by HUD-approved brokers only. Not all real estate professionals are HUD-approved brokers, process to become approved can take up to 3 months to get set up. Bids are a closed-bidding process meaning that listing broker will not have knowledge of existence nor terms of any bids placed.

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Detail Ic Property Details

Property Type : Residential

Price : $327,000

AD Id : 89681951

MLS Id : 1109353

Beds : 3

Lot Size : 0.50 Acre

Living Area Size : 1,938

Year Built : 2001

Garage : 2

County : Sandoval

  • Map Map

Map

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Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 3 Full Baths: 2 Half Baths: 1
  • Flooring Information

    Carpet, Tile
  • Roofing Information

    Shingle
  • Interior Features

    Entrance Foyer, Pantry, Walk-In Closet(s), Master Downstairs Roof: Shingle Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup Window Features: Insulated Windows
  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard Has Cooling: Yes Cooling: Evaporative Cooling

  • Building Information

    Year Built: 2001 Building Area Total: 1938 Construction Materials: Frame, Stucco Stories: 1 Private Pool: No
  • Exterior Features

    Exterior Features: Private Yard

  • Lot Information

    Lot Size Acres: 0.5 Lot Size Source: Public Records Lot Size Square Feet: 21780 Lot Description: Corner Lot

    Property Information

    Subdivision: Rio Rancho Estates Source Property Type: Residential Postal Code Plus 4: 0873 Zoning Description: R-1 Property SubType: Single Family Residence Direction Faces: East Levels: One Property Age: 25

  • Listing Price Information

    Listing Price: $327000 Cash, Conventional, FHA

  • Tax Information

    Parcel Number: 1008071430117 Annual Tax: $1450.4

  • Parking Information

    Attached, Garage

    Garage Information

    Has Garage: Yes Has Attached Garage: Yes Garage Space: 2

  • Utility Information

    Electricity Available, Propane, Sewer Available, Water Available
  • Location Information

    Direction: From Rainbow & Northern: West on Northern. Left (north) on 5th St to property on the left-hand (west) side of the street, SW corner of 5th St & 12th Ave. Take a left (west) on 12th Ave to pull into the driveway since it has entry from 12th Ave. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1644 Saddleback Trail, Rio Rancho, NM, 87144 $419,900 4 3 1,839 1,839 SqFt
1512 Rawhide Loop, Rio Rancho, NM, 87144 $404,900 3 2 1,553 1,553 SqFt
1533 Rawhide Loop, Rio Rancho, NM, 87144 $419,900 4 3 1,839 1,839 SqFt
6893 Sydney Drive, Rio Rancho, NM, 87144 $396,365 3 2 1,649 1,649 SqFt
1628 Saddleback Trail, Rio Rancho, NM, 87144 $419,900 4 3 1,839 1,839 SqFt
6801 Preston Road Road, Rio Rancho, NM, 87144 $510,000 3 2 1,853 1,853 SqFt
1716 Cowboy Haven Lane, Rio Rancho, NM, 87144 $459,900 4 3 2,257 2,257 SqFt
1724 Cowboy Haven Lane, Rio Rancho, NM, 87144 $489,900 5 4 2,506 2,506 SqFt
2636 Camino Azul Loop, Rio Rancho, NM, 87144 $433,979 3 2 1,880 1,880 SqFt
1612 Saddleback Trail, Rio Rancho, NM, 87144 $428,900 4 3 1,839 1,839 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Southwest Multiple Listing Service. All Rights Reserved.

ByOwner last updated this listing 08/19/2026 @ 20:10

MLS: 1109353 LISTED BY: Remington Properties LLC, Realty One of New Mexico 505-883-9400 SOURCE: Southwest MLS (Greater Albuquerque Association of REALTORS)

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