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For sale
  • Price cut: $5K (3/19)
    $345,000

    2109 Margarita Dr SE, Rio Rancho, NM 87124

    3beds
    1,431sqft
    : 
    Single Family Residence
    Built in 2009
    5,227.2 Square Feet Lot
    $-- Zestimate®
    $241/sqft
    $17/mo HOA

    What's special

    Ample storage throughout
    You will be captivated by the warmth and beauty of this single level Rio Rancho home located in desirable Cabezon. Wonderful open layout centers on a bright great room and dining area - ideal for everyday living and effortless entertaining. The kitchen features plenty of cabinets, generous prep space, and pantry. Private primary suite offers a walk-in closet, and large bath. Two additional bedrooms are perfect for family, guests, or office. Refrigerated A/C. Ample storage throughout. Low maintenance front yard keeps curb appeal high. Spacious backyard offers a view of the Sandia Mountains - relax and enjoy morning coffee and sunset grilling. Excellent location is moments away to parks, trails, seasonal community pool, shopping, dining, and medical. Pride of Ownership! This one is a 10!
    14 days
    |
    2,391
    |
    146
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 19, 2026 at 12:57pm

    Listed by:

    Kelly K Sullivan 505-239-8234,

    Coldwell Banker Legacy 505-293-3700

    Source: SWMLS,MLS#: 1099472MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Level: Main
      • Area: 173.88
      • Dimensions: 13.8 x 12.6
      Bedroom 2
      • Level: Main
      • Area: 154.02
      • Dimensions: 15.1 x 10.2
      Bedroom 3
      • Level: Main
      • Area: 125.46
      • Dimensions: 12.3 x 10.2
      Dining room
      • Level: Main
      • Area: 125.94
      • Dimensions: 12.11 x 10.4
      Kitchen
      • Level: Main
      • Area: 156
      • Dimensions: 15 x 10.4
      Living room
      • Level: Main
      • Area: 207.03
      • Dimensions: 17.11 x 12.1
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Refrigerated
      Appliances
      • Included: Dishwasher, Free-Standing Gas Range, Disposal, Microwave
      • Laundry: Electric Dryer Hookup
      Features
      • Bathtub, Ceiling Fan(s), Cathedral Ceiling(s), Garden Tub/Roman Tub, Living/Dining Room, Main Level Primary, Pantry, Smart Camera(s)/Recording, Soaking Tub, Separate Shower, Walk-In Closet(s)
      • Flooring: Carpet, Laminate, Tile
      • Windows: Double Pane Windows, Insulated Windows
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 1,431
      • Total interior livable area: 1,431 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: Open, Patio
      • Exterior features: Private Yard
      • Fencing: Wall
      Lot
      • Size: 5,227.2 Square Feet
      • Features: Landscaped, Few Trees, Xeriscape
      Details
      • Parcel number: 1012067352235
      • Zoning description: R-1

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Frame, Stucco
      • Roof: Tile
      Condition
      • Resale
      • New construction: No
      • Year built: 2009
      Details
      • Builder name: Dr Horton

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
      Green energy
      • Energy generation: None
      • Water conservation: Water-Smart Landscaping

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: Toscana At Cabezon
      HOA
      • Has HOA: Yes
      • Services included: Common Areas
      • HOA fee: $100 semi-annually
      Location
      • Region: Rio Rancho

      Financial & listing details

      • Price per square foot: $241/sqft
      • Tax assessed value: $180,476
      • Annual tax amount: $2,520
      • Date on market: 3/7/2026
      • Cumulative days on market: 15 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        3/19/2026Price change$345,000-1.4%$241/sqft
        Source: SWMLS #1099472 Report a problem
        3/7/2026Listed for sale$350,000+59.1%$245/sqft
        Source: SWMLS #1099472 Report a problem
        2/13/2024Sold--
        Source: Agent Provided Report a problem
        5/29/2020Sold--
        Source: SWMLS #966520 Report a problem
        4/24/2020Pending sale$220,000$154/sqft
        Source: Realty One of New Mexico #966520 Report a problem
        4/17/2020Listed for sale$220,000$154/sqft
        Source: Realty One of New Mexico #966520 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$2,443 -0.6%$60,159 +3%
        2024$2,458 +2.2%$58,407 +3%
        2023$2,404 +1.8%$56,706 +3%
        2022$2,362 +0.1%$55,054 +3%
        2021$2,359 $53,451
        2020$2,359 +20.8%$53,451 +3%
        2019$1,952 -8.6%$51,894 +3%
        2018$2,135 -6%$50,383 +3%
        2017$2,273 $48,916
        2016$2,273 +2.1%$48,916
        2014$2,225 $48,916 +13.9%
        2013$2,225 $42,946 -72.3%
        2011-- $155,000

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $2,015/mo
        Principal & interest
        $1779
        Property taxes
        $219
        HOA Fees
        $17
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          Climate risks

          Neighborhood: Rio Rancho Estates

          Getting around

          22 / 100
          Car-Dependent
          55 / 100
          Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Joe Harris
          • Middle: Lincoln
          • 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.

          Local experts in 87124

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