Homes Under $300K in Rio Rancho
Find affordable homes under $300,000 in Rio Rancho, New Mexico. These budget-friendly properties offer great value for first-time buyers, investors, and anyone looking for an affordable entry into the market.
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Beautiful one-story, one-owner townhome in the highly sought-after gated 55+ community of The Islands in Rio Rancho. Move-in ready and well maintained. The interior features brand-new carpet and new bathroom flooring installed in February 2026 and has been professionally cleaned throughout. Recent updates include a new TPO roof and all skylights replaced in January 2026. The roof includes a 5-year workmanship warranty and a 1-year renewable maintenance agreement currently in place.The spacious and functional floor plan offers over 1,500 square feet of living space with lots of natural light, featuring 2 bedrooms, 2 bathrooms, a versatile den/office, and a 2-car garage. Enjoy an exceptional yard backing to an adjoining park with great views. Convenient location near shopping, dining.
***PRICE REDUCED***Welcome to a lovely 55+ community! This home features beamed vaulted ceilings, skylights and clerestory windows which create a bright open living space with built in bookcases, a custom wood burning fireplace with a gas log lighter! Kitchen comes with all stainless steel appliances, nice big pantry, and moveable island. Primary bedroom includes 2 closets, and 3/4 bath. 2nd bedroom is also spacious, right off the full hall bathroom. 2 car attached garage is finished and has an automatic opener and new springs. TPO portion of roof new in 2025. Low cost HOA pays for all front yard maintenance, common area maintenance and streets. Washer and dryer also convey. Come make this cozy home your own!
Daria Derebera
Real Estate Broker in Albuquerque, NM
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