425 E 8th St, Raton, NM, 87740
About This Home
Unique opportunity in Raton featuring a 1-bedroom, 1-bath home situated on six lots totaling approximately 210,000 sq. ft. Built in 1954, the property offers exceptional land value and future potential. Recent improvements include a new roof, new electrical system with updated light fixtures, and a new water heater. The home requires completion and currently has no heat. Property is being sold as-is. Ideal for buyers seeking extensive land within town limits, redevelopment potential, or a value-add project.SELLER FINANCING AVAILABLE!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1954
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Basement
- Has basement: Yes
- Basement: Full,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Features
- Finished area above ground: 1,053
Heating
- Heating features: None
Interior Area
- Total structure area: 2,106
- Total interior livable area: 1,053 sqft
Property
Details
- Parcel number: 1136185127513
- Lease amount: 0
Features
- Frontage length: 0
Lot
- Lot size: 0.48 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
- Lightning
- Winter Weather
- Inland Flooding
- Wildfire
- Cold Wave
- Hail
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters in Colfax County and New Mexico
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $454 | $5,448 |
| Home Insurance * | $41 | $492 |
| Property Taxes | $38 | $456 |
| Electricity | $148 | $1,780 |
| Total | $681 | $8,172 |
Income You'd Need if You Spent...
New Mexico FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-22 | Price change | $89,900 |
| 2026-02-05 | Price change | $99,900 |
| 2026-01-12 | Price change | $109,900 |
| 2025-12-14 | Listed for sale | $119,900 |
For Sale by Agent
View on Zillow