2335 Margarita Drive SE Rio Rancho, NM $ 315,000
2335 Margarita Drive SE
$ 315,000
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2335 Margarita Drive SE

Rio Rancho, NM, 87124
$ 315,000
Bedrooms2 Baths2.0 Sq 1,263

Monthly Estimate*

$ 1,940

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Single Family Home for sale in Rio Rancho, NM

for $315,000 with 2 bedrooms and 2 full baths. This 1,263 square foot home was built in 2008 on a lot size of 0.11.

Located in Cabezon, this well-maintained Rio Rancho home offers 1,263 sq ft of functional living space filled with abundant natural light throughout. This 2-bedroom, 2 full bath home features a lower-level bedroom, updated tile flooring, refrigerated A/C, & stainless steel appliances. The light and bright design creates an inviting atmosphere, complemented by ample storage throughout. Enjoy a private gated courtyard that adds charm, security, and outdoor living space. A detached 2-car garage adds flexibility and convenience. The low-maintenance front yard enhances curb appeal, while the spacious backyard offers a blank canvas ready for your vision. Ideally located near parks, trails, a seasonal community pool, shopping, dining, and medical facilities. Pride of ownership shows in this one!

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Single Family Active

Price

$ 315,000

Bedrooms

2

Full Bath

2

Property Type

Single Family

Taxes

$ 2,954

Style

Lot Size

0.11

Year Built

2008

Town/City

Rio Rancho

County/Region

Sandoval

MLS | Web ID

1100674

Features
General
Sewer Public Sewer
Heating Central Forced Air
Cooling Refrigerated
Utilities Electricity Connected Sewer Connected Water Connected
Possession Closing & Funding
Roof Pitched Tile
Appliances Dishwasher
HOA Fee 100
Garage Spaces 2
Association Fee Includes Common Areas Pool(s)
Architectural Style Spanish/Mediterranean
Pool Features Community
Construction Materials Frame Stucco
Year Built 2008
Stories Count 1
Levels One
Property Subtype Detached
Assoc Fee Paid Per Semi-Annually
County Sandoval
New Construction false
Property Type Residential
HOA true
Attached Garage true
Subdivision Name Toscana At Cabezon
Facing Direction West
Garage Y/N true
Green Energy Generation None
Full Baths 2
Status Active
Directions From McMahon & Golf Course travel North to 21st st. Turn left. Turn left on Margarita house is on left (east side of road)
High School Rio Rancho
City Rio Rancho
Disclosures RANM 2100 Disclosure
Zoning Description R-1
MLS Area 140 - Rio Rancho South
Lot Size Square Feet 4792
Listing Terms Cash Conventional FHA VA Loan
Elementary School Joe Harris
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 2954.18
Middle/Junior High School Lincoln
Property Condition Resale
Virtual Tour https://my.matterport.com/show/?m=RjGa2V6r5uT&mls=1 https://my.matterport.com/show/?m=RjGa2V6r5uT&mls=1
Builder Name unknown
Standard Status Active
Property Sub Type Additional Detached
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Interior
Interior Amenities Ceiling Fan(s) High Ceilings Living/Dining Room Main Level Primary Tub Shower
Flooring Carpet Tile
Total Fireplaces 0
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Window Features Double Pane Windows Insulated Windows
Fireplace Y/N false
Half Baths 0
3/4 Baths 0
Laundry Features Electric Dryer Hookup
Total Bedrooms 2
Total Baths 2
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Exterior
Exterior Amenities Private Yard
Fencing Wall
Parking Features Attached Garage Garage Door Opener
Water Source Public
Building Area Total 1263
Lot Size Acres 0.11
Private Pool false
Lot Size Source Public Records
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* Excluded Features
List By
Vertical Real Estate

Listing Agent

Lpt Realty

Broker

1droybal@gmail.com

Email

Affordability Calculator

$2,186
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,940
Monthly Property Taxes
$246
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3413549 Elementary School
3038403 Middle School
Rio Rancho High School High School
Pricing History
DatePricePrice ChangeDescription
3/27/2026$315,000 Listed Price

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2335 Margarita Drive SE, Rio Rancho, NM, 87124 is a Single Family Home for sale at $315,000 with 1,263 sqft and a lot size of 0.11. 2335 Margarita Drive SE has 2 bedrooms, 2.0 baths, and was built in 2008. The property's zip code is 87124 which is in Rio Rancho, NM