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New construction
  • $434,000

    1231 15th St SE, Rio Rancho, NM 87124

    3beds
    1,514sqft
    : 
    $2,775/mo
    Get pre-qualified
    Single Family Residence
    Built in 2026
    0.5 Acres Lot
    $432,700 Zestimate®
    $287/sqft
    $-- HOA

    What's special

    Spacious half-acre lotTwo-car garageBackyard accessQuality finishesThree bedroomsExpansive backyardGenerous counter space
    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!
    10 days
    |
    356
    |
    37
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Joe Schifani 505-889-4565,

    Affordable Realty Services Inc 505-889-4565

    Source: SWMLS,MLS#: 1108208MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      Heating
      • Central, Forced Air
      Cooling
      • Refrigerated
      Appliances
      • Included: Dishwasher, Free-Standing Gas Range, Microwave, Refrigerator
      • Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
      Features
      • Breakfast Bar, Ceiling Fan(s), Main Level Primary, Pantry, Shower Only, Separate Shower
      • Flooring: Carpet, Tile
      • Windows: Thermal Windows
      • Has basement: No
      • Number of fireplaces: 1
      Interior area
      • Total structure area: 1,514
      • Total interior livable area: 1,514 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Finished Garage, Garage, Garage Door Opener
      • Attached garage spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Patio
      Lot
      • Size: 0.5 Acres
      • Features: Landscaped
      Details
      • Parcel number: 1011068034207
      • Zoning description: R-1

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Roof: Pitched,Shingle
      Condition
      • New Construction
      • New construction: Yes
      • Year built: 2026
      Details
      • Builder name: Mtr Custom 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
      • Subdivision: Rio Rancho Estates
      Location
      • Region: Rio Rancho

      Financial & listing details

      • Price per square foot: $287/sqft
      • Tax assessed value: $47,500
      • Annual tax amount: $577
      • Date on market: 7/30/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan

        Estimated market value

        $432,700

        $411,000 - $454,000

        $2,447/mo

        Price history

        DateEventPrice
        7/30/2026Listed for sale$434,000$287/sqft
        Source: SWMLS #1108208 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$579 +5.7%$15,833 +5.6%
        2024$547 +40.9%$15,000 +60.7%
        2023$389 -13.3%$9,333 -13.1%
        2022$448 +64.2%$10,745 +54.2%
        2021$273 +33.3%$6,970 +33.3%
        2020$205 -21%$5,227 -15.3%
        2019$259 +5.4%$6,171
        2018$246 +54.8%$6,171 -36.6%
        2017$159 $9,728 +168%
        2016$159 +106.2%$3,630
        2014$77 $3,630 -61.5%
        2013$77 $9,438
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Rio Rancho Estates

        Getting around

        20 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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