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    1231 15th St SE, Rio Rancho, NM 87124

    3beds
    1,514sqft
    Single Family Residence
    Built in 2026
    0.5 Acres Lot
    $405,100 Zestimate®
    $--/sqft
    $2,288 Estimated rent

    Home value

    $405,100

    $377,000 - $433,000

    $2,288/mo

    Zestimate® history
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    What's special

    Spacious half-acre lotTwo-car garageBackyard accessQuality finishesThree bedroomsExpansive backyardGenerous counter space
    Beautiful custom-built home situated on a spacious half-acre lot in the heart of Rio Rancho! This thoughtfully designed new construction is conveniently located close to shopping, offering easy access to everyday essentials while still providing plenty of room to enjoy your own space. With three bedrooms and two full bathrooms, this home offers a comfortable and functional layout perfect for a variety of lifestyles. The open living, dining, and kitchen areas create an inviting space for everyday living and entertaining. The kitchen features plenty of cabinetry, generous counter space, and quality finishes that add both style and convenience. The private owner's suite provides a relaxing retreat, while the two additional bedrooms offer flexibility for guests, a home office, nursery, or hobby space. With two full bathrooms, the home is designed for comfort, practicality, and easy everyday living. Outside, the expansive backyard offers endless possibilities. With backyard access and plenty of open space, there is room for RV parking, a future workshop, additional storage, recreational vehicles, or any outdoor setup that fits your needs. A two-car garage completes the home, providing convenient parking and everyday functionality. This property combines new construction comfort with the space and flexibility of a larger lot--ready for you to make it your own!

    Zillow last checked:

    Listing updated:

    Listed by:

    Joe Schifani 505-889-4565,

    Affordable Realty Services Inc

    Bought with:

    A&A Real Estate Group

    Keller Williams Realty

    Source: SWMLS,MLS#: 1108208MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    Primary bedroom
    • Level: Main
    • Area: 238
    • Dimensions: 17 x 14
    Bedroom 2
    • Level: Main
    • Area: 132
    • Dimensions: 12 x 11
    Bedroom 3
    • Level: Main
    • Area: 132
    • Dimensions: 12 x 11
    Kitchen
    • Level: Main
    • Area: 285
    • Dimensions: 19 x 15
    Living room
    • Level: Main
    • Area: 240
    • Dimensions: 16 x 15
    Heating
    • Central, Forced Air
    Cooling
    • Refrigerated
    Appliances
    • Included: Dishwasher, Free-Standing Gas Range, Microwave, Refrigerator
    • Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
    Features
    • Breakfast Bar, Ceiling Fan(s), Main Level Primary, Pantry, Shower Only, Separate Shower
    • Flooring: Carpet, Tile
    • Windows: Thermal Windows
    • Has basement: No
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 1,514
    • Total interior livable area: 1,514 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Finished Garage, Garage, Garage Door Opener
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Patio
    Lot
    • Size: 0.5 Acres
    • Features: Landscaped
    Details
    • Parcel number: 1011068034207
    • Zoning description: R-1

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Roof: Pitched,Shingle
    Condition
    • New Construction
    • New construction: Yes
    • Year built: 2026
    Details
    • Builder name: Mtr Custom Homes

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected
    Green energy
    • Energy generation: None

    Community & HOA

    Community
    • Subdivision: Rio Rancho Estates
    Location
    • Region: Rio Rancho

    Financial & listing details

    • Tax assessed value: $47,500
    • Annual tax amount: $577
    • Date on market: 7/30/2026
    • Cumulative days on market: 29 days
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    9/30/2026Sold--
    Source: SWMLS #1108208 Report a problem
    8/30/2026Pending sale$414,000$273/sqft
    Source: SWMLS #1108208 Report a problem
    8/14/2026Price change$414,000-4.6%$273/sqft
    Source: SWMLS #1108208 Report a problem
    7/30/2026Listed for sale$434,000$287/sqft
    Source: SWMLS #1108208 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$579 +5.7%$15,833 +5.6%
    2024$547 +40.9%$15,000 +60.7%
    2023$389 -13.3%$9,333 -13.1%
    2022$448 +64.2%$10,745 +54.2%
    2021$273 +33.3%$6,970 +33.3%
    2020$205 -21%$5,227 -15.3%
    2019$259 +5.4%$6,171
    2018$246 +54.8%$6,171 -36.6%
    2017$159 $9,728 +168%
    2016$159 +106.2%$3,630
    2014$77 $3,630 -61.5%
    2013$77 $9,438
    Find assessor info on the county website

    Neighborhood: Rio Rancho Estates

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $405,100

    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value

    $405,100