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7424 Dulce Rd, Carlsbad, NM, 88220

--beds
--baths
2,336sqft
$750,000
$321price/sqft
$4,799/moest. monthly cost
$191,960/yrincome needed

About This Home

Multi-family investment opportunity on a fully fenced 1-acre property offering income potential and room to grow. The property is tucked away in a peaceful area south of town and features a 4 bed, 2 bath manufactured home fully furnished with a deck that leads to an enclosed hot tub room. Two detached fully furnished units (built in 2024) each 850 sq ft, 2 bed, 1 bath that are currently active Airbnb rentals. The property is well equipped for residential living and operational flexibility with a 4 car garage, large metal shop, separate storage building, a charming enclosed garden and an outdoor play/hangout area for guests to enjoy. Two additional units that will be ADA accessible are underway (framing and walls only) offering a valuable opportunity to increase rental income and customize the additional living spaces.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

8/10
6/10
Carlsbad High SchoolGrades 9-128.5 mi

Construction

Condition

  • Year built: 1997

Materials

  • Roof: Metal,Pitched
  • Construction materials: Frame,Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Features

  • Flooring: Laminate,Tile

Heating

  • Heating features: Electric,Forced Air

Interior Area

  • Total structure area: 2,336
  • Total interior livable area: 2,336 sqft

Property

Details

  • Parcel number: 4157134381525

Features

  • Stories: 1
  • Patio & porch: Covered
  • Exterior features: Covered,Deck
  • Fencing: Cross Fenced,Fence
  • Topography of land: Cross Fenced, Fence

Lot

  • Lot size: 1 Acres

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

  • Inland Flooding
    Inland FloodingVery High
  • Winter Weather
    Winter WeatherVery High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Wildfire
    WildfireRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Inland Flooding
Winter Weather
Ice Storm
Lightning
Strong Wind
Wildfire
Cold Wave
Drought
Hail
Heat Wave

FEMA Declared Disasters in Eddy 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 $3,792$45,504
Home Insurance *$560$6,720
Property Taxes $281$3,372
Electricity $166$1,993
Total$4,799$57,588
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$164,537/yr
40% on housing$143,970/yr
45% on housing$127,973/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: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 6.8%
6.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$321This listing

vs Other Active Listings

Avg $/sqft

ZIP 88220$150
Eddy County$141

vs Homes Sold Last Month

Median $/sqft

ZIP 88220$193
Eddy County$184

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-14Listed for sale$750,000

For Sale by Agent

AgentTaylor Coy
BrokerageCentury 21 Dunagan Associates

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