$312,000
$211/sqftactive2331 Margarita Drive SE, Rio Rancho, NM 87124
Beds
3
Baths
3
Sqft
1,480
Lot
4,792 sqft
Built
2007
Type
single family
About This Property
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!
Features & Amenities
Property Details
| MLS # | 1112938 |
| Property Type | single family |
| Year Built | 2007 |
| Garage | Yes |
| Heating | Central,ForcedAir,NaturalGas |
| Cooling | Refrigerated |
| Roof | Pitched,Tile |
| Foundation | Permanent |
| Lot Size | 4,792 sqft |
| HOA | $200/mo |
| Property Tax (est.) | $2,778/yr ($232/mo) |
| Price / Sqft | $211 |
| Status | Active |
| Days on Market | 0 |
About Rio Rancho → Full Guide
Price vs. Neighborhood
This home
Rio Rancho median
10% below the Rio Rancho median. Homes here sell in an average of 36 days.
Commute Times
Unm
30 min
Downtown
25 min
Abq Studios
35 min
Sandia Labs
30 min
Kirtland Afb
35 min
Presbyterian
25 min
Intel Rio Rancho
10 min
Nearby Schools
Colinas del Norte Elementary
K-5 · RRPS
Cleveland High School
9-12 · RRPS
Lincoln Middle School
6-8 · RRPS
Rio Rancho High School
9-12 · RRPS
Neighborhood Guide
Explore Rio Rancho
Growing & Modern
Listing courtesy of Keller Williams Realty. © 2026 Southwest Multiple Listing Service, Inc. All rights reserved. Listing data provided by SWMLS IDX. Information deemed reliable but not guaranteed. Equal Housing Opportunity.

Quick Facts
Looking for something different?
Our AI concierge can match you with homes based on what you actually want, not just filters.
