Tierra del Oro in Rio Rancho, NM

87144 · Rio Rancho Mid-North · Rio Rancho, NM — by Hakes Brothers Construction, Twilight Homes

Single Family New construction HOA

Tierra del Oro is a planned development in Rio Rancho's Broadmoor corridor, laid out on about 50 acres. Cardiff Avenue NE bounds it on the south and Hedingham Avenue NE on the north, with Broadmoor Boulevard NE along the east side and Edinburgh Street NE along the west; Havencrest Avenue NE runs through the middle. The city created a public improvement district here in 2019 to finance sewer, water and drainage infrastructure, and single-family construction has continued since. Hakes Brothers is the principal builder. A homeowners association maintains the common areas and neighborhood roads, and the streets are open rather than gated.

The public improvement district shaped the neighborhood as it stands. Rio Rancho approved it in 2019 to pay for sanitary sewer, water and drainage work along with the landscaping and grading that went with it. The district's plan set aside ground for townhomes and multifamily buildings beside the single-family lots, plus roughly ten acres for commercial use at the Broadmoor end.

The Tierra Del Oro Homeowners Association handles the community side and works with Associated Asset Management. Dues are billed monthly and go toward the common areas and road maintenance.

The floor plans lean Mediterranean and Tuscan on the exterior, and the interiors offer tray ceilings, stacking doors onto the back patio and guest suites among the options.

The Rio Rancho Aquatic Center and the Events Center are both a short drive off, as are Cottonwood Mall and two hospitals, Presbyterian Rust Medical Center and UNM Sandoval Regional Medical Center.

Active listings
10
Sold, last 12 months
5
Median sold price
$450,000
Median $/sq ft
$207
Typical size
1,700–2,250 sq ft

MLS data, updated daily.

Tierra del Oro Location

Bounded by Hedingham Avenue NE (north), Cardiff Avenue NE (south), Broadmoor Boulevard NE (east), Edinburgh Street NE (west).

Nearby Rio Rancho Aquatic Center, Rio Rancho Events Center, Cottonwood Mall (shopping), Presbyterian Rust Medical Center (medical), UNM Sandoval Regional Medical Center (medical), Colinas del Norte Elementary School (school), Eagle Ridge Middle School (school), V. Sue Cleveland High School (school)

Connect with a real estate agent today — Call/text (505) 521 8550

Community Overview

Community Type Master-planned community
Property Type Single Family
Home Size 1,700–2,400 sq ft
Bedrooms 3–4
Builder Hakes Brothers Construction, Twilight Homes
Established 2019
Number of Homes 139
Acreage 50
New Construction Yes
HOA Yes
Association Fee $25 Monthly
Dues Include Common Areas, Road Maintenance
Association Tierra Del Oro Homeowners Association
Managed By Associated Asset Management (AAM)
HOA Website tierradeloro.org
Improvement District Tierra Del Oro Public Improvement District
Built 2020 to 2026
Daria Derebera Realtor

Daria Derebera

Real Estate Broker in Albuquerque, NM