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FHA Eligible Homes in Rio Rancho

Find FHA eligible homes in Rio Rancho, New Mexico. FHA loans offer low down payments, flexible credit requirements, and are perfect for first-time homebuyers.

Showing 392 listings in Rio Rancho. Want to refine your search? Use our Advanced Home Search to filter by price, bedrooms, features, and more.

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2-1 Rate buydown available with preferred lender (qualification required). Fellowship introduces their newest build, set on a wide footprint 1/2 acre lot in the heart of Rio Rancho. This stunning floor plan offers 4 bedrooms + flex space, 2.5 bathrooms, and a finished 3-car garage w/ backyard access. Elevated finishes include solid-surface countertops, solid wood cabinetry, LVP flooring, and refined designer touches throughout. Tall ceilings and an open, light-filled layout create a sophisticated yet welcoming atmosphere that opens to a stunning covered patio. 3 bedrooms and a full bath located on one side provides ideal separation, while the private primary suite features a spa-inspired bath, dual sinks, a spacious shower, and a large closet with direct laundry access. No HOA or PID.

4
BEDS
3
BATHS
2,421
SQFT
0.53
ACRES

Welcome to this well maintained single story home located on a desirable corner lot in Rio Rancho! Featuring attractive curb appeal with a classic stucco exterior, clean architectural lines, this home offers both comfort and functionality. The corner lot enhances privacy and creates a more open, spacious feel with possible backyard access. Inside, you'll find a thoughtfully designed layout perfect for everyday living and entertaining. Conveniently located near schools, parks, shopping, and dining, this home offers both comfort and accessibility in a growing Rio Rancho community.A great opportunity to own a move-in ready home. Schedule your showing today!

3
BEDS
2
BATHS
1,703
SQFT
0.17
ACRES

Imagine the flexibility to live, work, and unwind exactly how you want. Located in the desirable Estates at High Resort, this beautifully maintained home offers three bedrooms, a dedicated office, and a versatile hobby room that could easily serve as a fourth bedroom. The heated and cooled sunroom provides year-round space for relaxing or entertaining. Custom shutters add privacy and warmth throughout. The stunning kitchen is designed for gathering, featuring stainless steel appliances, double ovens, a gas range, quartz countertops, two pantries, and abundant cabinetry. The spacious primary suite includes a jet tub, separate shower, and dual sinks. Impeccably maintained and move-in ready!

4
BEDS
3
BATHS
3,123
SQFT
0.23
ACRES

Short sale opportunity! Call to ask about benefits and making an offer. Take this wonderful opportunity to own a remarkable 2022 custom home in sought-after Mariposa, surrounded by miles of hiking and mountain biking trails and framed by breathtaking Sandia Mountain views. This home features numerous upgrades, a spacious gourmet kitchen with granite countertops and stainless steel appliances, and an oversized 3-car garage offering plenty of storage. Enjoy card access to endless community amenities, including the pool, gym, and community center, perfect for activities and social gatherings. With stunning natural surroundings and resort-style amenities, this home delivers a truly active, vibrant, and fulfilling lifestyle in a picturesque setting.

3
BEDS
2
BATHS
2,069
SQFT
0.16
ACRES

MOVE IN READY! Introducing a new phase of Los Diamantes, located in Rio Rancho, New Mexico, where modern design meets exceptional value. This thoughtfully planned phase offers homebuyers the opportunity to enjoy stylish, well-crafted homes in a convenient and highly desirable location--without the premium price tag. Ideally situated just minutes from Presbyterian Rust Medical Center, shopping, dining, and everyday conveniences, Los Diamantes makes it easy to enjoy more of what matters. From quick commutes to effortless errands and evenings out, everything you need is close to home.

3
BEDS
2
BATHS
1,289
SQFT
0.1
ACRES

Discover elevated modern living in this custom-built contemporary residence situated on just over one acre in Rio Rancho, New Mexico. Thoughtfully designed as a single-level home, this 4-bedroom, 5-bathroom layout offers a highly functional split-bedroom floor plan that balances privacy, open living, and architectural sophistication.At the heart of the home is a spacious great room featuring soaring ceilings, marble flooring, and an expansive open-concept design that seamlessly connects the living area, dining space, and chef's kitchen. The kitchen is centered around a large island, ideal for entertaining, with ample workspace and clear sightlines throughout the main living areas.

4
BEDS
5
BATHS
3,317
SQFT
1.1
ACRES

Located in one of Rio Rancho's fastest-growing areas, this inviting home offers the perfect mix of comfort and convenience. Enjoy a bright, open layout with spacious living areas, a modern kitchen with plenty of counter space, and a private backyard ideal for relaxing or entertaining. Just a few minutes from Plaza @ Enchanted Hills, restaurants, shopping, and community amenities are at your doorstep. Experience the charm of established living paired with the excitement of growth--just minutes from everything Rio Rancho has to offer.

3
BEDS
2
BATHS
2,120
SQFT
0.16
ACRES

This luxurious masterpiece will take your breath away. Situated in a prestigious location, this home features the custom touches of your dreams. With an expansive kitchen designed for both beauty and functionality. Revel in the elegance of granite countertops, bespoke cabinetry and soaring 12-foot ceilings . Indulge in dual custom bathtubs and a thoughtfully designed jack and jill bathroom with upscale floor-to-ceiling tile. The magnificent primary bathroom offers a spacious walk-in shower with multiple heads, complemented by walk-in closets for both him and her. An additional bedroom can double as a sophisticated office. 10 foot ceilings throughout the rest of the home take luxury to the

3
BEDS
4
BATHS
2,763
SQFT
0.5
ACRES

Ready Now! Discover our popular Parklane, brand new, single-story home. Thoughtfully designed with elegance and comfort in mind. Upon entering, you'll be captivated by the inviting living room, where its sets the perfect tone for relaxation and gatherings. The living area seamlessly transitions to the outdoors through a large covered patio. The kitchen is a chefs kitchen delight, featuring built-in appliances, and an oversized island that provides ample space for meal preparation and casual dining. Mark this home as a must see!!

4
BEDS
4
BATHS
2,650
SQFT
0.15
ACRES
$570,000
-19,990$ 06/30

Discover the exceptional Malibu floor plan, thoughtfully designed with 5 bedrooms, 5 full bathrooms, and dual primary suites--one conveniently located on the main level and another upstairs--making it ideal for multigenerational living, extended guests, or anyone seeking added flexibility and privacy.The spacious main-level primary suite offers a luxurious retreat with a spa-inspired bath and an oversized walk-in closet. At the heart of the home, the gourmet kitchen features a large center island with a centrally located sink, abundant cabinetry, and an open-concept layout that flows seamlessly into the expansive living and dining areas, creating the perfect setting for everyday living and entertaining.Upstairs, a generous loft provides versatile space for a second living area.

5
BEDS
5
BATHS
3,255
SQFT
0.14
ACRES

Back on the Market! This inviting single-story home in the gated Chamisa Greens community is truly move-in ready, with big-ticket updates already done. Updates include a brand-new furnace(2024), refrigerated A/C (2024, fresh paint, & new flooring(2025), new water heater(2026), new bathroom vanities & toilets, new shower head in primary(2025), refrigerator & disposal (Oct 2024). The bright, open layout makes everyday living comfortable, whether you're relaxing at home or hosting friends and family. The kitchen flows naturally into the living and dining areas, creating a space that feels connected & welcoming. The primary bedroom offers a peaceful retreat, while the additional bedrooms are perfect for guests, a home office, or whatever your lifestyle needs. Low maintenance yards front & bac

3
BEDS
2
BATHS
1,255
SQFT
0.11
ACRES

This less-than-one-year-old home offers 4 bedrooms and 2.5 bathrooms with a modern, open layout. The kitchen features stainless steel appliances, all under warranty, and is filled with natural light from large windows throughout the home. Outside, enjoy a beautifully landscaped backyard with grass, an extended patio, and a full sprinkler and drip system. Mulch and brick accents are already in place for future planting or gardening. With no backyard neighbors and open space in front of the home, this property provides privacy, peaceful views, and a bright, airy feel.

4
BEDS
3
BATHS
2,140
SQFT
0.14
ACRES

CLOSING COST ASSISTANCE OFFERED! No PID, Modern upgrades & a Prime location. This thoughtfully upgraded 2024 DR Horton home features an open-concept layout, and high-end touches throughout. Perfect for comfortable, but stylish living. This home includes brand new landscaping, an extended concrete pad, new light fixtures, elegant crown molding, upgraded hardware, and custom blinds. Every detail has been elevated to create a clean, modern, move-in-ready experience. This Rio Rancho home offers a rare level of privacy while still being just minutes from shopping, dining, and everyday conveniences. Back on market due to buyer financing. Ready for its new owners! 4.99% VA assumable loan!

4
BEDS
3
BATHS
2,078
SQFT
0.1
ACRES

10k Seller Credit Available! Welcome to your dream oasis in the heart of Rio Rancho! This stunning 4-bedroom residence is a masterpiece of modern living, offering an open and airy floor plan that invites sunlight to dance across every room. The home boasts a neutral palette that exudes elegance and tranquility, creating the perfect canvas for your personal touch. Step into the spacious living area where comfort meets style, seamlessly connecting to a gourmet kitchen equipped with top-of-the-line appliances and ample counter space.The primary suite is a private retreat featuring an en-suite bathroom designed with relaxation in mind. Three additional bedrooms offer versatility for guest accommodations, office space, or creative endeavors. The xeriscape backyard embodies low-maintenance.

4
BEDS
3
BATHS
2,543
SQFT
0.11
ACRES

The main floor of the Yorktown was designed for entertaining, offering an expansive great room with an open dining room overlooking an optional covered patio and backyard and a well-appointed kitchen with a large center island. On the second floor, there's an immense loft surrounded by three bedrooms, a shared bath, a laundry room and a primary suite with its own bath and spacious walk-in closet.

5
BEDS
3
BATHS
3,110
SQFT
0.14
ACRES

Highlights of the impressive Raleigh plan include an open dining area, a great room with center-meet doors leading onto a relaxing covered patio, and a thoughtfully designed kitchen with a walk-in pantry. You'll also appreciate a central laundry and three generous bedrooms, including a stunning primary suite showcasing a spacious walk-in closet and a private bath with double sinks. You'll love our professionally curated fixtures and finishes

4
BEDS
3
BATHS
2,220
SQFT
0.15
ACRES

Highlights of the impressive Raleigh plan include an open dining area, a great room with center-meet doors leading onto a relaxing covered patio, a quiet study, and a thoughtfully designed kitchen with a walk-in pantry. You'll also appreciate a central laundry and three generous bedrooms, including a stunning primary suite showcasing a spacious walk-in closet and a private bath with double sinks. You'll love our professionally curated fixtures and finishes

3
BEDS
2
BATHS
2,220
SQFT
0.14
ACRES
$1,475,000
-75,000$ 06/29

Custom mansion over 5,000sqft, the crown jewel of Montebella Estates. This architectural masterpiece offers an elite lifestyle, crafted to showcase the most majestic panoramic views of the Sandia Mountains. Designed by renowned Ron Montoya Designs and constructed by master builder Candelaria Homes, every detail of this residence exudes luxury, beauty, and sophistication. Featuring chefs kitchen with butlers pantry complimented by a stunning dining room and open living space. 4 generous sized bedrooms, 4 spa like bathrooms, recreation room, sports bar, theatre room, dedicated study and massive garage. Owners suite boasts his and hers closets, dual showers and personal vanities a real luxurious retreat. Soaring towers and picturesque balconies, it's a lifestyl

4
BEDS
4
BATHS
5,146
SQFT
1.33
ACRES

Welcome to 817 Oreja De Pro Dr SE -- a spacious home offering nearly 2,921 square feet of comfortable living. Situated on an expansive lot, this property provides ample space for outdoor entertaining, gardening, or simply enjoying New Mexico's beautiful weather. Inside, generous living areas and large bedrooms create an inviting and flexible layout. The neighborhood is quiet and well-established, known for its mature charm and community feel. Conveniently located near shopping, and main routes, this home offers the perfect balance of space, comfort, and accessibility. A rare find combining size, potential, and location in one of Albuquerque's most desirable southeast areas.

5
BEDS
2
BATHS
2,921
SQFT
0.36
ACRES

Discover the Mesquite by LGI Homes at Estrella at High Range, a stunning two-story home designed for modern family living. This spacious floor plan features four bedrooms and two-and-a-half bathrooms, including a luxurious master suite with a large walk-in closet and private en-suite bath. The open-concept main floor seamlessly connects the chef-ready kitchen, separate dining room, and family room, perfect for hosting gatherings or enjoying everyday moments together. Upstairs, you'll find a versatile tech area and a spacious game room that can be customized as a playroom, movie room, or entertainment space ideal for your family's needs. The Mesquite also includes a convenient laundry room close to all bedrooms for added ease. Featuring LGI Homes' CompleteHome(tm) package,

4
BEDS
3
BATHS
1,839
SQFT
0.21
ACRES

Discover the Mesquite by LGI Homes at Estrella at High Range, a stunning two-story home designed for modern family living. This spacious floor plan features four bedrooms and two-and-a-half bathrooms, including a luxurious master suite with a large walk-in closet and private en-suite bath. The open-concept main floor seamlessly connects the chef-ready kitchen, separate dining room, and family room, perfect for hosting gatherings or enjoying everyday moments together.Upstairs, you'll find a versatile tech area and a spacious game room that can be customized as a playroom, movie room, or entertainment space ideal for your family's needs. The Mesquite also includes a convenient laundry room close to all bedrooms for added ease. Featuring LGI Homes' CompleteHome(tm) package,

4
BEDS
3
BATHS
1,839
SQFT
0.15
ACRES

Discover the Mesquite by LGI Homes at Estrella at High Range, a stunning two-story home designed for modern family living. This spacious floor plan features four bedrooms and two-and-a-half bathrooms, including a luxurious master suite with a large walk-in closet and private en-suite bath. The open-concept main floor seamlessly connects the chef-ready kitchen, separate dining room, and family room, perfect for hosting gatherings or enjoying everyday moments together.Upstairs, you'll find a versatile tech area and a spacious game room that can be customized as a playroom, movie room, or entertainment space ideal for your family's needs. The Mesquite also includes a convenient laundry room close to all bedrooms for added ease. Featuring LGI Homes' CompleteHome(tm) package,

4
BEDS
3
BATHS
1,839
SQFT
0.09
ACRES

With its blend of elegance and ease, the Larimar floor plan is the perfect choice for entertaining. At the heart of this home, you'll find an inviting great room with center-meet doors leading onto a relaxing covered patio. An adjacent dining area flows into an impressive kitchen with a convenient island and a roomy pantry, and a spacious primary suite showcases an attached bathroom and a walk-in closet. This home is built with a study and third bathroom.

3
BEDS
3
BATHS
1,872
SQFT
0.17
ACRES

Highlights of this ranch-style Copper plan include a flex room that has been converted to a fourth bedroom, a well-appointed kitchen showcasing a walk-in pantry and a center island, an open dining area and a generous great room. A covered patio offers ample opportunities for entertaining while an impressive owner's suite provides residents with the ability to enjoy privacy and quietude. You'll have no shortage of space for parking and storing your vehicles with a 2-car garage and an RV garage. This home includes a garage service door, cabinets in the mudroom and laundry room and double sinks in the owner's bath.

4
BEDS
2
BATHS
1,950
SQFT
0.18
ACRES

The ranch-style Cassandra plan showcases an open, inviting layout featuring a great room, a dining nook and a large kitchen with a center island and walkin pantry. An elegant primary suite boasts a private bath and a generous walk-in closet, and two secondary bedrooms invite rest and relaxation. Other highlights include a second full bath, a convenient laundry and a covered patio. This home may be built with an additional bedroom and bathroom. You'll love the designer details!

4
BEDS
4
BATHS
2,500
SQFT
0.15
ACRES
Daria Derebera Realtor

Daria Derebera

Real Estate Broker in Albuquerque, NM

Southwest MLS Logo Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.