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!
For sale
$312,000
2331 Margarita Dr, Rio Rancho, NM 87124
3beds
1,480sqft
Single Family Residence
Built in 2007
4,791 Square Feet Lot
$306,500 Zestimate®
$211/sqft
$17/mo HOA
What's special
Freshly paintedAbundant storageKitchen offers granite countertopsBamboo floorsHigh ceilingsNew dishwasherRefrigerated air
- 18 hours
- 167
- 31
Zillow last checked:
Listing updated:
Listed by:
Jeanne Kuriyan 505-249-7666,
Keller Williams Realty 505-897-1100
Source: SWMLS,MLS#: 1112938
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Central, Forced Air, Natural Gas
Cooling
- Refrigerated
Appliances
- Included: Dryer, Dishwasher, Free-Standing Gas Range, Disposal, Microwave, Refrigerator, Range Hood, Washer
- Laundry: Electric Dryer Hookup
Features
- 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
- Windows: Double Pane Windows, Insulated Windows
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,480
- Total interior livable area: 1,480 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Finished Garage, Garage, Garage Door Opener
- Attached garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Balcony, Covered, Patio
- Exterior features: Balcony, Private Yard
- Fencing: Back Yard,Wall
- Has view: Yes
Lot
- Size: 4,791 Square Feet
- Features: Landscaped, Sprinklers Partial, Views
Details
- Additional structures: None
- Parcel number: 1012067354120
- Zoning description: R-1
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Spanish/Mediterranean
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Permanent
- Roof: Pitched,Tile
Condition
- Resale
- New construction: No
- Year built: 2007
Details
- Builder name: Centex
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: Solar
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Toscana At Cabezon
HOA
- Has HOA: Yes
- Services included: Common Areas
- HOA fee: $200 annually
Location
- Region: Rio Rancho
Financial & listing details
- Price per square foot: $211/sqft
- Tax assessed value: $201,910
- Annual tax amount: $2,778
- Date on market: 10/22/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Estimated market value
$306,500
$291,000 - $322,000
$2,290/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/22/2026 | Listed for sale | $312,000+70%$211/sqft |
Source:  SWMLS #1112938 Report a problem | ||
| 3/25/2016 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 2/16/2016 | Listed for sale | $183,500$124/sqft |
Source: Realty One of New Mexico #853620 Report a problem | ||
| 12/11/2015 | Listing removed | $183,500$124/sqft |
Source: Realty One of New Mexico #853620 Report a problem | ||
| 11/10/2015 | Listed for sale | $183,500+2.2%$124/sqft |
Source: Realty One of New Mexico #853620 Report a problem | ||
| 6/26/2014 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 3/14/2014 | Price change | $179,500-3%$121/sqft |
Source: Coldwell Banker Legacy #807825 Report a problem | ||
| 2/20/2014 | Listed for sale | $185,000$125/sqft |
Source: Coldwell Banker Legacy #807825 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,274 -16% | $67,303 +3% |
| 2024 | $2,708 +2.3% | $65,343 +3% |
| 2023 | $2,648 +1.8% | $63,440 +3% |
| 2022 | $2,601 +0.2% | $61,593 +3% |
| 2021 | $2,596 | $59,799 |
| 2020 | $2,596 | $59,799 |
| 2019 | -- | $59,799 |
| 2018 | $2,468 +2.3% | $59,799 -8.3% |
| 2017 | $2,413 | $65,221 +24.2% |
| 2016 | $2,413 +2.1% | $52,500 +29.8% |
| 2014 | $2,362 | $40,442 +8.5% |
| 2013 | $2,362 | $37,265 -76% |
| 2011 | -- | $154,991 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Rio Rancho Estates
Nearby schools
Schools provided by the listing agent
- Elementary: Rio Rancho
- Middle: Rio Rancho
- High: Rio Rancho
Source: SWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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