New construction

Price cut: $34.1K (9/4)

$407,850

307 1st St SE, Rio Rancho, NM 87124

3beds

1,523sqft

$2,662/mo

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Single Family Residence

Built in 2026

0.5 Acres Lot

$-- Zestimate^®

$268/sqft

$-- HOA

What's special

Sprawling half-acre lotBright open-concept layoutGranite countertops throughout

Modern, All-Electric New Construction on a 1/2 Acre! Welcome to the Olive Plan by Amreston Homes. Discover the perfect balance of size, efficiency, & outdoor freedom in this 1,523 sq. ft., 3-bedroom, 2-bathroom home. Built to the standards of NM Build Green, this fully all-electric design delivers immense energy efficiency & long-term utility savings. Step inside to a bright, open-concept layout accented by granite countertops throughout, durable tile flooring spanning the main living spaces, & a cohesive design package featuring striking black hardware, lighting, fixtures & 2'' white faux wood blinds throughout. Situated on a sprawling half-acre lot, this property includes 200 linear feet of block wall, leaving you ample space to park your RVs, ATVs, & outdoor toys. Call and tour today!

66 days
47
1

Facts & features

Interior

Bedrooms & bathrooms

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

Primary bedroom

Level: Main
Area: 180
Dimensions: 15 x 12

Bedroom 2

Level: Main
Area: 109
Dimensions: 10.9 x 10

Bedroom 3

Level: Main
Area: 113
Dimensions: 11.3 x 10

Kitchen

Level: Main
Area: 125.54
Dimensions: 11.3 x 11.11

Living room

Level: Main
Area: 241.25
Dimensions: 17.11 x 14.1

Heating

Central, Electric, Forced Air

Cooling

Refrigerated

Appliances

Included: Free-Standing Electric Range, Disposal, Microwave, Self Cleaning Oven
Laundry: Electric Dryer Hookup

Features

Ceiling Fan(s), Kitchen Island, Main Level Primary, Pantry, Shower Only, Separate Shower, Walk-In Closet(s)
Flooring: Carpet, Tile
Windows: Double Pane Windows, Insulated Windows, Low-Emissivity Windows, Vinyl
Has basement: No
Has fireplace: No

Interior area

Total structure area: 1,523
Total interior livable area: 1,523 sqft

Property

Parking

Total spaces: 2
Parking features: Attached, Electricity, Garage, Garage Door Opener
Attached garage spaces: 2

Features

Levels: One
Stories: 1
Patio & porch: Covered, Patio
Exterior features: Sprinkler/Irrigation

Lot

Size: 0.5 Acres
Features: Landscaped, Xeriscape

Details

Additional structures: None
Parcel number: 1009069270215
Zoning description: R-1

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Frame, Synthetic Stucco
Foundation: Slab
Roof: Pitched,Shingle

Condition

New Construction
New construction: Yes
Year built: 2026

Details

Builder name: Amreston Construction Llc

Utilities & green energy

Electric: 220 Volts in Garage
Sewer: Septic Tank
Water: Public
Utilities for property: Cable Available, Water Connected

Green energy

Energy generation: None
Water conservation: Water-Smart Landscaping

Community & HOA

Community

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

Location

Region: Rio Rancho

Financial & listing details

Price per square foot: $268/sqft
Annual tax amount: $171
Date on market: 7/1/2026
Cumulative days on market: 67 days
Listing terms: Cash,Conventional,FHA,VA Loan
Road surface type: Dirt

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
9/4/2026	Price change	$407,850-7.7%$268/sqft
Source: SWMLS #1106520 Report a problem
7/1/2026	Listed for sale	$441,970$290/sqft
Source: SWMLS #1106520 Report a problem