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1300 Iglesia St SW, Rio Rancho, NM, 87124

3beds
2baths
1,500sqft
$349,000
$233price/sqft
$2,223/moest. monthly cost
$88,920/yrincome needed

About This Home

NEW NEW NEW! BACK ON THE MARKET DUE TO BUYER FINANCING! Come see this lovely home manufactured by Karsten on a permanent foundation! Home is powered by PNM, will have a shared well, and has a brand new septic tank! This place is spacious and bright, with 3 bedrooms and 2 baths. Relax in the open living concept! Large gathering spot at the kitchen island! Detached garage is oversized to assist with your storage needs. 1.1 acres provide plenty of room to settle in! And the views... Come see this tranquil homestead today before you miss out!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

7/10
7/10
Rio Rancho High SchoolGrades 9-125.8 mi

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2025

Materials

  • Foundation: Block
  • Roof: Shingle
  • Construction materials: Wood Siding

Other

  • Builder model: Karsten
  • Builder name: Karsten

Type & Style

  • Home type: MobileManufactured
  • Architectural style: Ranch
  • Property subType: Manufactured Home,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Free-Standing Electric Range,Microwave,Refrigerator,Self Cleaning Oven
  • Laundry features: Electric Dryer Hookup

Bedroom2

  • Level: Main
  • Area: 162

Bedroom3

  • Level: Main
  • Area: 162

Bedrooms & Bathrooms

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

Dining Room

  • Level: Main
  • Area: 135

Features

  • Dual Sinks,Entrance Foyer,Kitchen Island,Living/Dining Room,Main Level Primary,Shower Only,Separate Shower
  • Window features: Double Pane Windows,Insulated Windows,Low-Emissivity Windows
  • Flooring: Carpet,Vinyl

Heating & Cooling

  • Heating features: Electric,Forced Air
  • Cooling features: Refrigerated

Interior Area

  • Total structure area: 1,500
  • Total interior livable area: 1,500 sqft

Kitchen

  • Level: Main
  • Area: 180

Living Room

  • Level: Main
  • Area: 225

Primary Bedroom

  • Level: Main
  • Area: 210

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 1007068493041
  • Zoning description: CD-RRE

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck
  • Exterior features: Deck
  • Fencing: Full

Lot

  • Lot size: 1.10 Acres
  • Features: Landscaped

Parking

  • Total spaces: 2
  • Parking features: Detached,Garage
  • 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

  • Lightning
    LightningRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Hail
Heat Wave
Winter Weather

FEMA Declared Disasters in Sandoval County and New Mexico

Fire
Flood
Mud Landslide
Severe Storm

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

MonthlyAnnual
Mortgage $1,764$21,168
Home Insurance *$120$1,440
Property Taxes $191$2,292
Electricity $148$1,780
Total$2,223$26,676
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$76,217/yr
40% on housing$66,690/yr
45% on housing$59,280/yr

New Mexico FAIR Plan Programs

New Mexico Property Insurance Program

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,506Commercial: 306
Total Premiums$5.96M
Total Exposure$950.67M

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.

Insurance Growth Rate5-year average: 9.8%
9.8%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 3.7%
3.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$233This listing

vs Other Active Listings

Avg $/sqft

ZIP 87124$190
Sandoval County$215

vs Homes Sold Last Month

Median $/sqft

ZIP 87124
Sandoval County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-05Listed for sale$349,000
2026-04-24Pending sale$349,000
2026-04-16Listed for sale$349,000

New Construction

AgentAlbert DerGregorian
BrokerageBeyond Real-Estate

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