1231 15th St SE, Rio Rancho, NM, 87124
About This Home
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!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: New Construction
- New construction: Yes
- Year built: 2026
Materials
- Roof: Pitched,Shingle
Other
- Builder name: Mtr Custom Homes
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Free-Standing Gas Range,Microwave,Refrigerator
- Laundry features: Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup
Bedroom2
- Level: Main
- Area: 132
Bedroom3
- Level: Main
- Area: 132
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Features
- Breakfast Bar,Ceiling Fan(s),Main Level Primary,Pantry,Shower Only,Separate Shower
- Window features: Thermal Windows
- Flooring: Carpet,Tile
- Number of fireplaces: 1
- Fireplace: Yes
Heating & Cooling
- Heating features: Central,Forced Air
- Cooling features: Refrigerated
Interior Area
- Total structure area: 1,514
- Total interior livable area: 1,514 sqft
Kitchen
- Level: Main
- Area: 285
Living Room
- Level: Main
- Area: 240
Primary Bedroom
- Level: Main
- Area: 238
Property
Details
- Parcel number: 1011068034207
- Zoning description: R-1
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered,Patio
Lot
- Lot size: 0.50 Acres
- Features: Landscaped
Parking
- Total spaces: 2
- Parking features: Attached,Finished Garage,Garage,Garage Door Opener
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
No climate risk data available.
How This Home’s Risks Compare
FEMA Declared Disasters in Sandoval County and New Mexico
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,194 | $26,328 |
| Home Insurance * | $120 | $1,440 |
| Property Taxes | $238 | $2,856 |
| Electricity | $148 | $1,780 |
| Total | $2,700 | $32,400 |
Income You'd Need if You Spent...
New Mexico FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
No market data available for this area
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-14 | Price change | $414,000 |
| 2026-07-30 | Listed for sale | $434,000 |
View on Zillow