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56 Desertaire Rd, Truth Or Consequences, NM, 87901

3beds
2baths
1,344sqft
$260,000
$193price/sqft
$2,185/moest. monthly cost
$87,400/yrincome needed

About This Home

Enjoy comfortable living near the lake in this inviting three-bedroom, two-bath manufactured home on a permanent foundation, conveniently located by Elephant Butte Lake. The fully fenced property offers privacy and room to enjoy the outdoors, while the detached four-car garage and additional storage shed provide plenty of space for vehicles, lake toys, and hobbies. Whether you're looking for a full-time residence or a weekend getaway, this home offers the space, functionality, and location to fit your lifestyle.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

5/10
Sierra Elementary SchoolGrades 4-52.5 mi
4/10
T Or C Middle SchoolGrades 6-82.3 mi
5/10
Hot Springs High SchoolGrades 9-122.4 mi

Construction

Condition

  • Year built: 1984

Materials

  • Roof: Metal

Type & Style

  • Home type: MobileManufactured
  • Property subType: Manufactured Home

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Range Hood,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Electric,Central Air

Interior Area

  • Total structure area: 1,344
  • Total interior livable area: 1,344 sqft

Property

Details

  • Parcel number: 3021075466167

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Patio Covered
  • Fencing: Chain Link,Fenced

Lot

  • Lot size: 0.50 Acres
  • Features: Irregular Lot

Parking

  • Total spaces: 4
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

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
    LightningVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Lightning
Inland Flooding
Winter Weather
Cold Wave
Drought
Hail
Wildfire

FEMA Declared Disasters in Sierra 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 $1,314$15,768
Home Insurance *$204$2,448
Property Taxes $519$6,228
Electricity $148$1,780
Total$2,185$26,220
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$74,914/yr
40% on housing$65,550/yr
45% on housing$58,266/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: 9.5%
9.5%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: -3.5%
-3.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$193This listing

vs Other Active Listings

Avg $/sqft

ZIP 87901$96
Sierra County$120

vs Homes Sold Last Month

Median $/sqft

ZIP 87901
Sierra County$147

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
2026-01-20Listed for sale$265,000

For Sale by Agent

AgentNeelie Ham
BrokerageCripple Creek Realty, LLC

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