2331 Margarita Drive SE, Rio Rancho, NM 87124 (MLS# 1112938)

2331 Margarita Drive SE, Rio Rancho, NM 87124

New Listing
$312,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,480 Lot Size (sq. ft.): 4,792 Status: Active
Current Price: $312,000 List Date: 10/22/2026 Last Modified: 10/22/2026

Description

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!

More Information MLS# 1112938

Contract Information

List Price: $312,000 Current Price: $312,000 List Price/SqFt: 210.81 Status: Active

Location

Street #: 2331 Street Name: Margarita St Suffix: Drive Post Direction: SE County: Sandoval City/Town Code: Rio Rancho State/Province: NM Zip Code: 87124 Zip +4: 2699 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. Geo Lat: 35.22001 Geo Lon: -106.679202 MLS Area Major: 140 - Rio Rancho South Zone Atlas: 36

General Property Description

Property Sub-Type: Detached Offsite Built: No UPC Unitized: No Fireplace: No Stories: 2 Faces: West Builder: Centex Living Area: 1480 Living Area Source: Floorplan Lot Size Acres: 0.11 Lot Size Square Feet: 4792 Lot Size Source: On-Line Flood Zone: X Disability Access: No PBR on Main: No Bedrooms Total: 3 Bathrooms Full: 2 Bathrooms Half: 1 Total Bathrooms: 3 Primary Bath Desc: Full Bath Private Pool: No Elementary School: Rio Rancho Middle School: Rio Rancho High School: Rio Rancho Age: 16 - 20 Year Built: 2007 LBP Disclosure: No Garage Spaces: 2 Basement: No Accessory Dwelling Unit: No Loft: No

Tax Legal Info

Subdivision Name: Toscana At Cabezon

Rooms

Bedroom 2 Level: Upper Bedroom 2 Length: 10.1 Bedroom 2 Width: 10.1 Bedroom 3 Level: Upper Bedroom 3 Length: 10.11 Bedroom 3 Width: 12.1 Kitchen Level: Main Kitchen Length: 8.1 Kitchen Width: 9.9 Living Room Level: Main Living Room Length: 13.2 Living Room Width: 18 Primary Bedroom Level: Upper Primary Bedroom Length: 13.5 Primary Bedroom Width: 18.6

Sunroom

Sunroom: No

Green

Green: No HERS: No

Miscellaneous

Guard House/Service: No Hist Prop/Lndmk: No Rented: No Land Lease: No

Association Details

Association: Yes Association Mandatory: Yes Multiple Associations: No Association Fee: 200 Association Fee Frequency: Annually Association Dues/Month: 16.66

Cooling

Centrally Ducted: Yes

Sales Info

Seller Assist Ofrd: No Trade/Xch Considered: No

Property Features

Construction Materials: Frame Foundation Details: Permanent Build Description: Resale Garage Type: Attached; Finished; Opener(s) Other Structures: None Rooms: Bedroom 2; Bedroom 3; Kitchen; Living Room; Primary Bedroom Laundry Features: Service Room Laundry Power: Electric HOA Covers Type: Common Area Showing Requirements: Lockbox Land Use: Restricted; Subdivided Roof: Pitched; Tile Fencing: Back Yard Exterior Features: Balcony; Patio Covered; Walled Backyard Interior Features: Bar In Kitchen; Ceiling Fan(s); Entrance Foyer; Family DR; High Ceilings; Kitchen Island; MB Dbl Sink; MB Shower/Tub; Smoke Alarm(s); Walk-In Closet(s) Appliances: Dishwasher; Disposal; Dryer; Free-Standing Gas Range; Microwave; Range Hood; Refrigerator; Washer Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Heating: Central; Forced Air; Natural Gas Cooling: Refrigerated Wastewater: Public Sewer Water Source: City Water Landscape: Front and Back; Part Sprinklers Flooring: Bamboo; No Carpet; Tile Windows: Thermal-Double Pane Style: Tuscan Green Energy Generation: Solar Power Production Ownership: Seller Owned Electric Provider: Public Utility Lot Description: Views Finance Considered: Cash; Conventional; FHA; VA Road Frontage Type: City Street Road Surface Type: Paved Possession: Day of Funding Zoning: R-1

Room Information

Living Room Length: 13.20 Length: 13.20 Width: 18.00 Width: 18.00 Level: Main Kitchen Length: 8.10 Length: 8.10 Width: 9.90 Width: 9.90 Level: Main Primary Bedroom Length: 13.50 Length: 13.50 Width: 18.60 Width: 18.60 Level: Upper Bedroom 2 Length: 10.10 Length: 10.10 Width: 10.10 Width: 10.10 Level: Upper Bedroom 3 Length: 10.11 Length: 10.11 Width: 12.10 Width: 12.10 Level: Upper

Documents

Listing Office: Keller Williams Realty
Last Updated: October - 22 - 2026
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
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