New construction

Price cut: $24K (5/20)

$675,000

2101 Cheetah Rd NE, Rio Rancho, NM 87124

4beds

2,421sqft

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Single Family Residence

Built in 2026

0.53 Acres Lot

$672,900 Zestimate^®

$279/sqft

$-- HOA

What's special

Refined designer touches throughoutOpen light-filled layoutLvp flooringPrivate primary suiteSpa-inspired bathSpacious showerDual sinks

3-2-1 buydown available with preferred lender (qualification required). Fellowship introduces their newest build, set on a wide footprint 1/2 acre lot in the heart of Rio Rancho. This stunning floor plan offers 4 bedrooms + flex space, 2.5 bathrooms, and a finished 3-car garage w/ backyard access. Elevated finishes include solid-surface countertops, solid wood cabinetry, LVP flooring, and refined designer touches throughout. Tall ceilings and an open, light-filled layout create a sophisticated yet welcoming atmosphere that opens to a stunning covered patio. 3 bedrooms and a full bath located on one side provides ideal separation, while the private primary suite features a spa-inspired bath, dual sinks, a spacious shower, and a large closet with direct laundry access. No HOA or PID.

133 days

537

43

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 1
3/4 bathrooms: 1
1/2 bathrooms: 1

Primary bedroom

Level: Main
Area: 184.98
Dimensions: 13.11 x 14.11

Kitchen

Level: Main
Area: 154.53
Dimensions: 10.1 x 15.3

Living room

Level: Main
Area: 309.12
Dimensions: 16.1 x 19.2

Heating

Central, Forced Air, Natural Gas

Cooling

Refrigerated

Appliances

Included: Convection Oven, Cooktop, Dishwasher, Disposal, Microwave, Refrigerator, Range Hood
Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup

Features

Ceiling Fan(s), Dual Sinks, Kitchen Island, Main Level Primary, Pantry, Shower Only, Separate Shower, Walk-In Closet(s)
Flooring: Tile, Vinyl
Windows: Double Pane Windows, Insulated Windows
Has basement: No
Number of fireplaces: 1

Interior area

Total structure area: 2,421
Total interior livable area: 2,421 sqft

Property

Parking

Total spaces: 3
Parking features: Attached, Finished Garage, Garage, Garage Door Opener
Attached garage spaces: 3

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Patio & porch: Covered, Patio
Exterior features: Private Yard
Fencing: Wall

Lot

Size: 0.53 Acres
Features: Landscaped

Details

Parcel number: 1011070421380
Zoning description: R-1

Construction

Type & style

Home type: SingleFamily
Architectural style: Contemporary
Property subtype: Single Family Residence

Materials

Frame
Foundation: Slab
Roof: Flat

Condition

New Construction
New construction: Yes
Year built: 2026

Details

Builder name: Fellowship 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

Security: Smoke Detector(s)
Subdivision: Rio Rancho Estates

Location

Region: Rio Rancho

Financial & listing details

Price per square foot: $279/sqft
Tax assessed value: $42,941
Annual tax amount: $522
Date on market: 1/30/2026
Cumulative days on market: 130 days
Listing terms: Cash,Conventional,FHA,VA Loan
Road surface type: Dirt

Estimated market value

$672,900

$639,000 - $707,000

$2,930/mo

Price history

Date	Event	Price
5/20/2026	Price change	$675,000-3.4%$279/sqft
Source: SWMLS #1097524 Report a problem
4/22/2026	Price change	$699,000-3.6%$289/sqft
Source: SWMLS #1097524 Report a problem
2/28/2026	Listed for sale	$725,000$299/sqft
Source: SWMLS #1097524 Report a problem
2/25/2026	Pending sale	$725,000$299/sqft
Source: SWMLS #1097524 Report a problem
1/30/2026	Listed for sale	$725,000+1350%$299/sqft
Source: SWMLS #1097524 Report a problem
5/17/2023	Sold	--
Source: SWMLS #1026546 Report a problem
2/20/2023	Pending sale	$50,000$21/sqft
Source: SWMLS #1026546 Report a problem
12/2/2022	Listed for sale	$50,000$21/sqft
Source: SWMLS #1026546 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$523 +7.7%	$14,314 +7.5%
2024	$486 +161.4%	$13,313 +198.3%
2023	$186 -0.2%	$4,463
2022	$186 +6.5%	$4,463
2021	$175	$4,463
2020	$175 -66.2%	$4,463 -63.8%
2019	$517 +1024.7%	$12,313 +967%
2018	$46 -19.7%	$1,154 -11.8%
2017	$57	$1,308
2016	$57 +3.1%	$1,308 -10.5%
2014	$56	$1,462 -9.5%
2013	$56	$1,616 -86.3%
2011	--	$11,774

Find assessor info on the county website

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Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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