See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

1020 W 8th St, Clovis, NM, 88101

--beds
--baths
1,504sqft
$79,900
$53price/sqft
$682/moest. monthly cost
$27,280/yrincome needed

About This Home

Investment Opportunity! This property offers two rental units on one lot, making it an excellent income-producing investment. The main house is a 3-bedroom, 1-bath home currently leased for $700 per month. Behind it sits a 1-bedroom, 1-bath guest house that rents for $630 per month. Both homes are situated on a corner lot, providing tenants with their own space and privacy. With reliable rental income already in place, this property is perfect for investors looking to expand their portfolio or get started in real estate investing.

Getting Around

56
WalkingSomewhat Walkable
0
TransitVery Limited Transit
49
BikeSomewhat Bikeable

Schools

5/10
7/10
Clovis High SchoolGrades 9-120.9 mi

Construction

Condition

  • Year built: 1927

Materials

  • Construction materials: Stucco

Type & Style

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

Interior

Features

  • Flooring: Carpet,Tile,Vinyl

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 1,504
  • Total interior livable area: 1,504 sqft

Property

Details

  • Parcel number: 121001142204300

Features

  • Stories: 1

Lot

  • Lot size: 4,356 sqft

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

  • Winter Weather
    Winter WeatherVery High
  • Hail
    HailRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Winter Weather
Hail
Lightning
Strong Wind
Cold Wave
Heat Wave
Inland Flooding
Tornado
Wildfire

FEMA Declared Disasters in Curry County and New Mexico

Fire
Flood
Mud Landslide
Severe Storm
Tornado

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 $404$4,848
Home Insurance *$88$1,056
Property Taxes $42$504
Electricity $148$1,780
Total$682$8,184
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$23,382/yr
40% on housing$20,460/yr
45% on housing$18,186/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: 12.7%
12.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 10.5%
10.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$53This listing

vs Other Active Listings

Avg $/sqft

ZIP 88101$108
Curry County$108

vs Homes Sold Last Month

Median $/sqft

ZIP 88101$135
Curry County$128

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
2026-08-15Pending sale$79,900
2026-06-26Listed for sale$79,900

For Sale by Agent

AgentJohan Rascon Chavez
BrokerageBetter Homes & Gardens Real Estate Experience

Similar Homes