2331 Margarita Drive SE Rio Rancho, NM $ 312,000
2331 Margarita Drive SE
$ 312,000
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2331 Margarita Drive SE

Rio Rancho, NM, 87124
$ 312,000
Bedrooms3 Baths2.1 Sq 1,480

Monthly Estimate*

$ 2,155

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Single Family Home for sale in Rio Rancho, NM

for $312,000 with 3 bedrooms and 2 full baths, 1 half bath. This 1,480 square foot home was built in 2007 on a lot size of 0.11.

Gorgeous 3BR/3BA home in a highly desirable Westside location close to all amenities, including Rust Medical Center, restaurants & shopping. Filled w/ natural light, the home features high ceilings, bamboo floors & excellent separation on the second floor, w/ the primary suite privately positioned away from secondary bedrooms. No carpet. The kitchen offers granite countertops, new dishwasher & stainless-steel appliances, while the open-concept main level is ideal for entertaining. Enjoy refrigerated air, abundant storage & owned solar panels. Mountain views from the second-floor balcony, while mature trees & lush vegetation create a wonderful sense of privacy. Impeccably maintained, freshly painted & move-in ready, a true gem at a very attractive price!

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Single Family Active

Price

$ 312,000

Bedrooms

3

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 2,778

Style

Lot Size

0.11

Year Built

2007

Town/City

Rio Rancho

County/Region

Sandoval

MLS | Web ID

1112938

Features
General
Sewer Public Sewer
Heating Central Forced Air Natural Gas
Cooling Refrigerated
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Closing & Funding
Roof Pitched Tile
Appliances Dryer Dishwasher Free-Standing Gas Range Disposal Microwave Refrigerator Range Hood Washer
HOA Fee 200
Garage Spaces 2
Association Fee Includes Common Areas
Patio/Porch Features Balcony Covered Patio
Architectural Style Spanish/Mediterranean
Security Features Smoke Detector(s)
Construction Materials Frame
Year Built 2007
Stories Count 2
Levels Two
Property Subtype Detached
Accessibility None
Assoc Fee Paid Per 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 Solar
Other Structures None
Full Baths 2
Status Active
Directions From McMahon & Golf Course go north to 21st St. turn left on 21st then make a left on Margarita to home on your left.
High School Rio Rancho
City Rio Rancho
Disclosures RANM 2100 Disclosure Restricted
Zoning Description R-1
MLS Area 140 - Rio Rancho South
Lot Size Square Feet 4792
Listing Terms Cash Conventional FHA VA Loan
Elementary School Rio Rancho
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 2778.46
Middle/Junior High School Rio Rancho
Property Condition Resale
Builder Name Centex
Standard Status Active
Property Sub Type Additional Detached
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Interior
Interior Amenities Breakfast Bar Ceiling Fan(s) Dual Sinks Entrance Foyer Family/Dining Room High Ceilings Kitchen Island Living/Dining Room Tub Shower Walk-In Closet(s)
Flooring Bamboo Carpet Free 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 1
3/4 Baths 0
Laundry Features Electric Dryer Hookup
Total Bedrooms 3
Total Baths 3
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Exterior
Exterior Amenities Balcony Private Yard
Fencing Back Yard Wall
Parking Features Attached Finished Garage Garage Garage Door Opener
Lot Features Landscaped Sprinklers Partial Views
Water Source Public
Foundation Details Permanent
Building Area Total 1480
Lot Size Acres 0.11
Road Surface Type Paved
Private Pool false
Lot Size Source Public Records
Road Frontage Type City Street
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* Excluded Features
List By
Jeanne Kuriyan

Listing Agent

Keller Williams Realty

Broker

jeannemk@gmail.com

Email

Affordability Calculator

$2,386
Per Month
90%
10%
0%
Monthly Principal & Interest
$2,155
Monthly Property Taxes
$232
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
3038420 Elementary School
3038434 Middle School
Rio Rancho High School High School
Pricing History
DatePricePrice ChangeDescription
10/22/2026$312,000 Listed Price

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2331 Margarita Drive SE, Rio Rancho, NM, 87124 is a Single Family Home for sale at $312,000 with 1,480 sqft and a lot size of 0.11. 2331 Margarita Drive SE has 3 bedrooms, 2.1 baths, and was built in 2007. The property's zip code is 87124 which is in Rio Rancho, NM