123 Highway 72, Raton, NM, 87740
About This Home
Here's your diamond in the rough, on the outskirts of town! Easy access to I-25, off street parking for RV, and minutes from Sugarite Canyon State Park! If you are looking for something small to fix up and make your own, this might be just the place. Situated on .217 acre, this property has a large fenced yard with mature trees and landscaping. Lots of room for off street parking for RV's, or even a large garden. The exterior of the home is stucco, with a pitched metal roof. Stepping inside, the home exhibits deferred maintenance, with renovation and repair needed. A newer propane wall furnace is the main heat source, though wood burning stoves are present to help. The water heater was recently updated as well.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1940
Materials
- Roof: Pitched
- Construction materials: Stucco,Unknown
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Free-Standing Range
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- Flooring: Other,Wood
- Fireplace features: Free Standing,Wood Burning Stove
Heating
- Heating features: Propane,Wall Furnace
Interior Area
- Total structure area: 1,124
- Total interior livable area: 1,124 sqft
Property
Details
- Parcel number: 1137186007008
Features
- Levels: One
- Stories: 1
- Fencing: Fenced
Lot
- Lot size: 9,452 sqft
- Features: Irregular Lot
Parking
- Total spaces: 1
- Parking features: Detached
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
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 | $399 | $4,788 |
| Home Insurance * | $36 | $432 |
| Property Taxes | $125 | $1,500 |
| Electricity | $148 | $1,780 |
| Total | $708 | $8,496 |
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 |
|---|---|---|
| 2026-03-11 | Listed for sale | $79,000 |
View on Zillow