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Updated 2 hours ago

4703 Palmas Altas SE


Rio Rancho, NM

2 Bed
1 Bath

958 Sq. Ft.

Available Now
2 Beds • 1 Bath
$2,100
958 ft2
1 Available
Managed By: Homes In Transition, Inc.
-
$2,100
Available Now
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Pets
Dogs Ok
Property details
Description

Nestled in the quiet neighborhood of Corrales Heights, this updated single-family home offers comfort and convenience in beautiful natural surroundings. Located less than three miles from Intel, the property blends peaceful living with an easy commute.
This charming 958-square-foot, two-bedroom, one-bath home sits on a fully landscaped and low maintenance one-third acre lot. The private backyard features a large storage shed with shelving, gardening beds, firepit, and a spacious New Mexico-style covered patio, which provides an additional 462 square feet of versatile living space—perfect for relaxing or entertaining year-round. Inside, you will find a large master closet, a fireplace, wood-grain tile throughout, and a bright, refreshed interior with new paint, windows, and doors.
The home has been upgraded with new air conditioner, furnace, water heater, garbage disposal, and electrical panel (200 amps). Two driveways (including an RV pad with hookup) offer ample parking and added convenience.
Enjoy beautiful views of the Sandia Mountains and take advantage of direct access to nature with the Thomson Fenceline Trail trailhead located at the end of the street.
This move-in-ready home is a rare opportunity in a sought-after location—perfect for those looking to enjoy both modern updates and the beauty of the outdoors. A couch, eight-piece patio dining set, five piece wrought iron bistro set, and weight set and bench are available for tenant’s use.
TENANT FEE SCHEDULE
Homeowner Association Fee: No Association Fee for This Property
Water: Per Monthly billing from Authority
Sewer: Per Monthly billing from Authority
Trash Collection: Per Monthly billing from Authority
Electricity: Per Monthly billing from Authority
Natural Gas / Propane: Per Monthly billing from Authority
Cable TV / Internet: Per Monthly billing from Authority
Returned check / NSF fee: $35.00*
Late Rent Fee after the First of the Month: 10% of monthly rent
Finance Charge on unpaid account at end of the current month: 1.5% of unpaid Amount
7 day notice of violation Re-Inspection: $95.00*
Service required labor: $95.00 per hour*
Service required materials: Cost plus 20%*
Service Provided on Tenant’s Behalf: Cost of work plus 20% or $95.00/ hr. plus materials
Application Fee: $50.00 /Applicant over 18
Pet Rent: $50.00 / mo. / pet
Tenant requested service /supervision: $95.00 / hour*
Tenant lockout fee – Provide access: $150.00 / visit*
Service Work Order request through Service Portal: No Charge
Service Work Order request by phone, fax, email: $45.00 / ticket*
Personal property storage fees: $2.50 per square foot of storage space / mo.*
Trip charge to include physical posting of Notices: $95.00*
Remove Trash from Property: Cost plus 20% or minimum of $200.00*
*plus gross receipts tax - Per Section7-9-3.5 Regulation 3.2.1.17 (B) (1) of the New Mexico Tax Code, “Receipts derived from additional charges made in conjunction with the rental or leasing of property employed in New Mexico are subject to the gross receipts tax.”

Additional Details
Total Unit Count: 1
Last Updated: Updated 2 hours ago
Contact Number: (505) 503-8056
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 4703 Palmas Altas SE by bedroom type below.
2 Bedroom
Suggested income:
$75,600
per year
Rent report

4703 Palmas Altas SE Rent vs. Rio Rancho Average

 4703 Palmas Altas SE      Rio Rancho Average
2BR
$2,100
$1,529
$0
$700
$1,400
$2,100
$2,800

4703 Palmas Altas SE is asking 37% more than the average 2 bedroom apartment in Rio Rancho.

If you upsized to an average priced Rio Rancho 3 bedroom apartment, you would pay 26% more per month.

If you downsized to an average priced Rio Rancho 1 bedroom apartment, you would pay 40% less per month.

4703 Palmas Altas SE provides 6% less square footage than the average Rio Rancho 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
4703 Palmas Altas SE
2BR $2,100 $2.20 $6,300
Rio Rancho Average
Studio $1,230 $3.60 $3,689
1BR $1,095 $1.80 $3,285
2BR $1,529 $1.50 $4,588
3BR $2,069 $1.30 $6,207
4BR $2,454 $1.00 $7,362

Availability in Rio Rancho

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 25 3BR units on the market in Rio Rancho. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
9% 24% 26% 28% 11%
Available Units in Rio Rancho
Studio 8
1BR 21
2BR 23
3BR 25
4BR 10
Location
Nearby Hospitals
Name Distance
Lovelace Westside Hospital 3.6 mi.
Presbyterian Rust Medical Center 3.64 mi.
Unm Sandoval Regional Medical Center 4.6 mi.
Nearby Fire Stations
Name Distance
Rio Rancho Department Of Public Safety 1.09 mi.
Rio Rancho Department Of Public Safety 1.55 mi.
Corrales Fire Department 2.13 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in now.
What's the square footage of the available units?
It's 958 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep dogs.
How many bedrooms are in the available units?
There are 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
4703 Palmas Altas SE has a 2 bedroom unit starting at $2,100.
Where is this property located?
This property is at 4703 Palmas Altas SE in Rio Rancho, NM. It's 1.8 miles northeast from the center of Rio Rancho.
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